faris-kassim-idp1erjktho-unsplash-1-

New 40-storey tower planned for Broadbeach on the Gold Coast

Market Insights
1 year ago
2 minutes

A Sydney developer recently lodged plans for a slender 40-storey tower in Broadbeach, on the Gold Coast. In recent months, the Gold Coast has seen growth, especially when it comes to apartment towers. 

The proposal was filed by Platinum Investments. This entity is linked to Elias Armenis in Ashfield. 

The proposal includes 113 apartments, most of which are two or three-bedroom residences. The upper levels comprise a three-level, five-bedroom penthouse. The building proposal also features a magnificent cantilevered swimming pool that protrudes from the side of the building. 

A large communal recreation space will feature on the fourth level of the building and will include the protruding swimming pool, a sundeck, outdoor lounge area, plunge pool, yoga lawn, gym and communal dining facilities. 

The proposal also includes plans for a small restaurant and bar to feature on the ground floor of the project. 

The project is currently projected to be developed on a vacant 1201sqm corner at 2797-2799 Gold Coast Highway. This spot is on the northern end of Broadbeach. 

Local studio, Design Vibe, designed the project to be a striking building with an innovative composition of materials. 

The lodged document says that “The proposed development takes the form of a tall and slender tower, responding positively to its setting along Gold Coast Highway, elevating the apartment units from the busy and noisy road while embracing the sub-tropical coastal lifestyle”. 

“Overall”, the document continues, “the proposed development produces a responsible and highly desirable urban design outcome, facilitating the rejuvenation of the subject site through a tower of high-quality architectural design boasting an attractive living environment, in a central location”. 

According to The Urban Developer, many proposals for apartment towers in the Gold Coast are currently being pushed through. This push to lock in approvals for apartment towers comes ahead of proposed amendments to the city planning laws. 

For more news, market insights, and lifestyle, click here.

Header image source.