Gold Coast Development: New Surfers Paradise backpacker hostel and shopping centre revamp revealed
A megabucks facelift is planned for one of the Gold Coast’s most famous streets, with two new major projects in the pipeline including a hi-tech, super modern hostel.
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THE heart of the Surfers Paradise party precinct is to undergo a megabucks facelift with two new major projects in the pipeline.
A flashy new backpackers hostel is planned for a disused Orchid Ave site between the suburb’s police station and some of its most popular bar venues.
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Victory Investment Development filed plans for a two-storey short-term accommodation venue for 168 guests.
It will replace a long-empty shopfront which has become rundown in recent years. Its features include a digital clock tower and a balcony communal area overlooking Orchid Ave.
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Plans have also been lodged to revamp the shopfront on the corner of central Cavill and Orchid avenues. Centa Property Group starts construction in March with a November 2021 opening.
It comes after Hallmark Group renovated Melba’s nightclub into The Cavill Hotel and the Paradise Centre mall leaseholder committing to a beachfront renovation starting in March.
Area councillor Darren Taylor, who is developing a wide-reaching masterplan for Surfers Paradise said the new projects were a clear show of faith in the city as a place to invest and do business: “It is really exciting because while there has been a downturn, it shows there are huge opportunities to invest here.
“The Gold Coast is in a really good position and while backpacking during COVID is a challenge, the important thing is getting the pillars of the economy in place for the post-COVID period and now is the time for us to get ready.”
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