Developments

Tri-Tower Jewel for Gold Coast

Chinese developer Ridong (Gold Coast) Development has lodged plans with the Gold Coast City Council for a luxury three-tower project in Surfers Paradise. The $900 million development, named Jewel and backed by the private wealth of Ridong founder Riyu Li, will be another “six” star hotel for the Gold Coast.

The eco-friendly development, which comes with a five-star green rating, is said to be one of the largest privately funded tourism infrastructure projects on the Gold Coast in 25 years.

Work on the tri-tower project, proposed for a 1.13ha beachfront site at the southern end of Surfers Paradise, is scheduled to begin at the end of 2012.

AN29-1-DN-Jewel_2The development will comprise of towers of 45, 41 and 35 storeys and include the “six-star” resort, and is scheduled to take its first guests by Christmas 2014 – ahead of China Southern Airlines’ plans to begin direct flights from Guangzhou to Coolangatta in 2015.

Hyatt, Shangri-La, Peninsula and Setai chains have been named as possible hotel operators at Jewel.

The resort tower will have 298 suites and apartments, as well as restaurants and cafes, a beach club, day spa, and conference rooms within a three-level podium.

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