$1.2bn tower ‘taller than Q1’ approved for Gold Coast
The Gold Coast City Council has given the go ahead for China-based Forise to construct an 88-level luxury apartment building in Surfers Paradise.
“This building will be the signature tower on the Gold Coast skyline, a genuine world tower for a world city,” Forise spokesman Tony Hickey said in The Urban Developer.
“Forise is absolutely delighted to have this opportunity and on behalf of chairman Xin Wang, I would like to acknowledge the support of Mayor Tom Tate, Surfers Paradise Councillor Lex Bell, Council Planning Committee Chairman Cameron Caldwell, Director of Planning Dyan Currie and all her team for their professionalism and rigour in dealing with this application.
“As you would expect, a development of this magnitude raises a variety of complex challenges during the application process but we have worked through those with Council and achieved an outstanding set of outcomes for both the project and the city.
“This will be a major economic driver for the city that would not have been possible without the active advocacy of the Mayor who met with Forise a year ago in China and encouraged the group to invest on the Gold Coast.
“The efforts of Mayor Tate were the critical factor in getting this project moving – now we will proceed towards securing the necessary construction permits to allow work to start on site by March next year.”
Construction will take place on the lot that formerly housed the Iluka Building and will take approximately four years to reach completion.
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