The Star Entertainment Group is fast-tracking the development of a fourth tower at The Star Gold Coast which will house a new five-star hotel brand.
The $400 million 63-storey mixed-use tower will be anchored with a 210-room luxury hotel on the lower levels (seven to 14), and 457 residential apartments above.
Star hasn’t revealed the name of the hotel partner as yet, other than confirming the latest development “will include an internationally recognised five-star hotel brand with whom final negotiations are taking place”.
Billed as the “Tower for Tourism” and “Tower 2”, The Star Entertainment Group intends to begin work on the new structure as early as February 2021 – a year ahead of initial forecasts. It will generate up to 2,300 additional construction, operational, and indirect jobs; and provide a much-needed recovery stimulus for a tourism sector decimated during COVID-19, Star CEO Matt Bekier said.
Along with the $400 million, 53-storey Dorsett hotel and apartments tower – and the Tower 2 project – The Star Gold Coast masterplan provides the potential for a further three towers on Broadbeach Island.
Tower 2 is slated for an opening by the end of 2024.
The masterplan allows for significant additional resort facilities, dining precincts, bars and cafes, and entertainment areas.
Destination Gold Coast Consortium Chairman and The Star Entertainment Group Chairman John O’Neill AO said the second mixed-use 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,” O’Neill said.
“This city has unique and appealing characteristics that make it an internationally sought-after tourism destination.”
“Domestically, we all know how strongly the Gold Coast resonates as a premier holiday location, particularly for those from the southern states.
“Our focus has never wavered. We are creating world-class tourism, leisure, and entertainment destination that Gold Coast locals can be proud of while working towards our vision of becoming Australia’s leading integrated resort company.”
Along with the five-star hotel and luxury residences, Tower 2 will offer a six-level podium featuring an active retail concourse, with direct connectivity to The Star Gold Coast’s other integrated resort offerings, such as a day spa and wellness centre, food and beverage outlets and more.
An additional sub-tropical recreation deck will connect to The Star Gold Coast, and is designed to create a world-class experience. A large lagoon pool, sundecks, private cabanas, alfresco dining areas, subtropical gardens, function lawns, and outdoor spaces will bring the iconic landmark to life.
Lead image: Render of the Porte Cochere of Tower 2