Construction is officially underway at the second tower that makes up part of The Star Gold Coast complex.
The $400 million 63-storey tower is set to reshape the city’s skyline and will take The Star Entertainment Group’s investment in south east Queensland close to $4.5 billion.
The tower will feature 457 apartments and 210 hotel rooms with negotiations underway with Marriot Group to deliver a five-star offering.
The Star Entertainment Group CEO, Matt Bekier, says that along with the impressive Queen’s Wharf development in Brisbane, the luxury brand was changing the landscape of Australia’s tourism landscape.
“We aim to be Australia’s leading integrated resort company and we’re developing properties on the Gold Coast and Brisbane that will be compelling must-see destinations for locals, interstate, and international visitors,” he says.
“The exciting thing now is that our vision is becoming reality. Jobs are being created; cranes are on worksites. Next year we start to open hotels, restaurants, and a wealth of attractions,” Matt says.
His words were echoed my Queensland Premier, Annastacia Palaszczuk, who says that the start of construction on the projects second tower is a big landmark for the state.
“To have construction starting on multi-million-dollar developments like this just proves that business confidence on the Coast is strong. This is only possible thanks to the way Queenslanders have responded to the coronavirus pandemic,” she says.
Contractor Multiplex is starting off demolition activity with construction scheduled for completion in 2024.
Gold Coast Mayor, Tom Tate, gave his thanks to The Star Group for delivering the project and putting his city firmly on the map.
“Our city is rapidly evolving as a world-class dining, entertainment, and lifestyle destination,” he says.
“With confidence comes investment and with investment comes jobs. I applaud The Star on its unwavering support for the coast and the thousands of employees who live, work, and play here,” Tom says.