The boutique US hotel operator Mondrian has announced it will open its first five-star hotel and brand residence in Australia at Burleigh Heads on the Gold Coast.
Mondrian, a partnership between SBE Entertainment and hospitality giant Accor, has engaged the local developer Vitale Project to construct the two tower development which is slated for completion in mid-2023.
The two towers, designed by the multi-award-winning architect Elenberg Fraser, will separate the 89 private residences from the hotel, which will have 208 guest rooms.
Studio Carter, the international hospitality design consultant, was commissioned to oversee the interior design.
The building will be connected by a three-level podium that acts as the building’s communal space and will home a state-of-the-art fitness center, spa, restaurants, and swimming pools, all overlooking the beach.
It’s being built on 4,035 sqm on the corner of First Avenue and The Esplanade Burleigh Heads.
Mondrian Gold Coast is one of nine new Mondrian properties that SBE plans to open globally by 2022, with six more to be announced.
It follows the company’s recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.
“The Gold Coast has grown into one of Australia’s leading travel destinations and the opening of Mondrian Gold Coast is the next step in our strategic global expansion for the Mondrian brand, selecting communities at the heart of the most exciting cultural destinations in the world,” SBE’s chief operating officer Chadi Farhat said.
Accor Pacific chief executive Simon McGrath said the expansion of the first-ever Mondrian into Australia reflects Accor’s commitment to developing innovative, lifestyle-oriented hotels alongside SBE.
“With the Mondrian brand, SBE creates destinations within the destination, bringing together regional authenticity with sophisticated design, creative programming, and a lively bar and restaurant scene.
“Mondrian Gold Coast will be the embodiment of this philosophy: providing residents and guests with elevated hospitality experiences that match the beauty and vibrancy of Australia’s Gold Coast region.”
LGC Property Investments, directed by Chris and Letitia Vitale, paid $22 million for the site, which currently houses the 1960s apartment block White Horses Apartment, in July.
There had been an agreement in place for the Brisbane-based Neilson Properties to buy the site in 2018, but that failed to proceed.
The White Horse Apartment owners had been in court battles for a number of years trying to band together to sell their combined 49 apartments.
But because it was a company titled block, they needed 100 percent of the vote to approve a sale, however, six owners resisted.
The post “Gold Coast set for Australia’s first Mondrian brand residences and five-star hotel” by Joel Robinson appeared first on the propertyobserver.com.au Blog
Habitat Development Group Secures New Maroochydore CBD Approval
Following on from the success of their $83 million Market Lane project in the new Maroochydore CBD, Habitat Development Group have secured development approval for their second project in the precinct.
Habitat Development Group director Cleighton Clark said The Corso Residences will be a $94 million project comprising a mix of 1, 2 and 3-bedroom apartments over 15-storeys.
“Tower One includes 116 apartments over 15-storeys and five penthouse units on the top floor while the second tower offers 42 apartments over 8-storeys, as well as 715sq m of retail space on the ground floor.
“Residents on the north side will look towards Maroochy River and Picnic Point and north-east to the ocean while residents on the south will look over Sunshine Coast Parade and the Corso which was completed earlier this year.
“The project also includes a large resort pool on the ground floor as well as a huge 600sq m communal rooftop terrace on level four which connects the two towers. There is also a 130sq m dining room adjoining the rooftop terrace for the exclusive use of residents,” Clark said.
Clark said Market Lane’s recent sales success gave him the confidence the project would sell out in the first quarter of 2021.
“The recent sales rates at Market Lane have been very healthy and we expect to be sold out by March—12 months ahead of completion.
“The timing for the sales launch of the Corso Residences is scheduled for the second quarter of 2021 and we expect strong enquiry from those that may have missed out on our first project,” Clark said.
Residents will be within walking distance to the weekly StrEATside markets at The MET as well as renowned local chef Tony Kelly’s bustling new eateries Market Bistro and Giddy Geisha which have both recently opened in the Foundation Place building on Lightning Lane.
All apartments and retail outlets will be connected to the new innovative automated waste collection system and will also have access to the fastest data connection on the eastern seaboard via the international broadband cable which are both key features of the new Maroochydore CBD.
The project has been designed by Sunshine Coast-based K Architecture. Place Group have undertaken the landscape design.
Article Source: theurbandeveloper.com
The Star Breaks Ground on $400m Broadbeach Tower
The Star Entertainment Group is set to break ground on a 63-storey mixed use residential and hotel tower at its $2 billion masterplanned site at Broadbeach Island on the Gold Coast.
The approved $400 million tower, to be built on the most south-eastern part of Broadbeach Island, will feature 210 five-star hotel rooms and 457 apartments.
Multiplex will commence construction in early February with approximately 2,300 jobs expected to be generated over the project’s three year construction timeline.
The tower will join the $400 million, 53-storey Dorsett hotel and apartment tower which is due for completion in 2022.
It will be developed adjacent to The Star Gold Coast casino with its existing refurbished 596-room five-star hotel.
When realised, The Star Broadbeach Island masterplan will comprise 3,000 hotel rooms and apartments, conference facilities, as well as a number of cafes, bars and restaurants.
The state government-approved masterplan is being overseen by Destination Gold Coast Consortium—the joint venture between The Star, Chow Tai Fook Enterprises, and Far East Consortium.
It is the second major project in south-east Queensland for the joint venture partners which are currently in the throes of delivering the $3 billion Queen’s Wharf integrated resort and residential development in central Brisbane.
The Star chairman John O’Neill said the decision to proceed with the masterplan’s second tower was a show of confidence from the consortium.
“While we continue to work through and manage the serious impacts of domestic and international border restrictions on our business and the industry more broadly, the decision to proceed with our second tower is part of our unwavering commitment to the Gold Coast.
“We all know how strongly the Gold Coast resonates as a premier holiday location, particularly for those from the southern states.
“There is also a growing number of Australians who want to work, live, and play here.
“It all helps underpin our confidence in the Gold Coast and south east Queensland tourism,” O’Neill said.
The tower’s hotel will span 14 levels above the buildings six-level podium while residential apartments, ranging from 55sq m to 168sq m, form the upper levels.
It is understood, 70 per cent of the one, two, and three-bedroom apartments on offer within the project have already been sold since pre-sales began in May 2019 with prices ranging between $596,000 and $1.8 million.
The tower’s retail offerings will combine with the Dorsett hotel and apartment tower via a connected concourse featuring more than 12,050sq m of retail and resort facilities.
The Star and the Queensland government had been in talks over an exclusive 30-year casino licence to operate on the Gold Coast.
However, talks were concluded last year with the state government continuing to eye potential rival operators to come into the Gold Coast market, with rumours of possible interest by Hard Rock International, Lawrence Ho’s Melco and Hong Kong-listed gaming company NagaCorp.
The end of the talks with the Queensland government come after Star finalised a deal with the NSW government to give it exclusive licence for poker machines in NSW over the next 21 years, until the end of 2041.
Article Source: theurbandeveloper.com
New apartment developments pop up in prime locations in Brisbane, Gold Coast, Sunshine Coast
Located in the new CBD in Maroochydore, this Sunshine Coast development will offer 146 apartments in two towers.
Buyers will have the choice of two and three-bedroom configurations, along with a limited selection of penthouses, each offering sought-after views of the coastline and picturesque hinterland.
The development also encompasses six small office terraces, as well as retail and dining.
Embedded within the brand new City Centre precinct, the project is set to enjoy all the perks and amenity of the budding development hub, affording it a 90/100 walk score.
It is situated directly opposite the new town square and a two-hectare park, part of a sizeable chunk of the CBD site earmarked for open space.
Designed with investors and developers in mind, the mixed-use precinct will feature smart technology throughout, including technology-assisted parking, real-time public transport and community updates, wifi hotspots, safety systems and electric car charging stations.
Some 40 per cent of the 53-hectare site will be kept as open space, and waterways will be integrated throughout.
Market Lane itself will offer 450 square metres of ground floor retail and dining, along with a rooftop terrace on one of the towers, replete with an entertaining area and private dining room.
Other amenities available to residents will include a 25-metre resort-style pool and barbecue leisure space in the centre of the development.
The towers will also feature secure access, lifts, an above-ground car park, CCTV, and an on-site facilities manager.
Article Source: www.domain.com.au
- Property Management6 years ago
7 Common GST Mistakes On Property
- Residential4 years ago
Ipswich Proves Frontier In Affordable Housing
- Infrastructure3 years ago
Decision on horizon for key marina section of huge North Harbour development at Burpengary
- Market Place3 years ago
How to make $1 million ‘flipping’ houses
- Developments3 years ago
Brisbane and interstate investors drawn to up-and-coming King Street precinct
- Market Place3 years ago
Moreton Bay makes top 10 list of places to invest in property
- Brisbane2 years ago
Queensland leads the way in market recovery
- Developments4 years ago
Caboolture West could be Australia’s next major regional centre