Echo plans ultra-luxury Broadbeach resort
In plans to be lodged with the Queensland’s attorney-general within days, Jupiters on the Gold Coast will build a new six-star, 75-room ultra-luxury high-rise resort as part of Echo Entertainment’s $1.5 billion aim to make Queensland the casino capital of the country.
Echo intends to proceed with a complete makeover of the existing Jupiters hotel at Broadbeach.
There are also provisions for a promenade of restaurants, bars and retailers. Echo hopes to start work on the Jupiters expansion by mid-next year and be finished by 2016.
Echo managing director John Redmond said “This master plan is about restoring Jupiters Gold Coast as an international drawcard that will compete with the very best integrated resorts in the Asian region,” he said.
Plans also include the transformation of Brisbane’s Treasury Casino in to a luxury boutique hotel with an integrated casino and resort development slated for a site in the CBD.
Gaming facilities that presently occupy the historic Treasury building would be relocated to make way for what appears to be high-end function space.
“The Treasury Casino and Hotel has reached its capacity, and its nature makes it ill suited to compete in today’s tourism and entertainment landscape,” he said. “We have been seeking an opportunity to re-purpose the heritage buildings housing the Treasury Casino and Hotel and relocated and enhance our gaming infrastructure within a new, large tourism and entertainment precinct,” he said.
Meanwhile, the buyer for Echo’s Townsville casino is rumoured to be Singapore-listed Lasseters International Holdings that runs the Lasseter Hotel Casino in Alice Springs.
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