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CONSTRUCTION of a $400 million, 63-storey supertower will begin in Broadbeach today.
The Star Entertainment Group’s unnamed “tower 2” is set to open in mid-late 2024.
Premier Annastacia Palaszczuk said the project would create more than 1800 jobs during construction and a further 500 once completed.
Construction of tower two will begin on Friday.
“Construction is absolutely vital to rebuilding our economy and creating local jobs on the Gold Coast,” she said.
“We approved the masterplan for The Star Gold Coast because we know how important it is to partner with the private sector to deliver new tourism infrastructure in this city.
“To have construction starting on multimillion-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.
Queensland Premier Annastacia Palaszczuk.
“While other jurisdictions around the world continue to deal with deadly outbreaks of the virus, we’re able to focus on rebuilding our economy – rolling up the sleeves and getting back to work with great projects like this one.”
The sod-turning comes just three weeks after Star announced it would fast-track the project to be ready for the post-COVID era.
Artist impression of tower 2 and the Dorsett Hotel.
Star CEO Matt Bekier said the company had big plans for the region.
“We thank the Queensland government for supporting our vision,” he said.
“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.”
Star Entertainment Group chairman John O’Neill, and CEO Matt Bekier. Photographer: Liam Kidston.
The state government approved Star’s $2 billion masterplan in 2018. It allows for up to seven towers.
The 210 hotel rooms in tower 2 will sit on the lower levels, while the residential component, known as The Star Residences, will be on the upper floors.
More than 70 per cent of the one, two, and three-bedroom apartments have been sold since pre-sales began in May 2019.
Prices range from $596,000 to about $1.8 million.
The tower’s pool deck.
The building will have a six-level podium featuring an “active” retail concourse and more than 12,050sq m of retail and resort facilities including a luxurious day spa, wellness centre, restaurants and lifestyle services.
The giant sundeck will also have a large lagoon pool, private cabanas and dining areas.
Global construction company Multiplex has been awarded the contact.
The Star’s 54-storey Dorsett is under construction and will open in late 2022, following the existing Star Grand and Darling towers.
Source: Gold Coast Bulletin