Gold Coast development: Giant three-towers Surfers Paradise Paradiso Place launched
The largest residential project in the Gold Coast’s history will hit the market on Friday, just days before the border reopening brings a flock of prospective buyers to the city.
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THE largest residential project in the Gold Coast’s history will hit the market on Friday, just days before the border reopening brings a flock of prospective buyers to the city.
SPG Land has unveiled new images of the Surfers Paradise project ahead of launching the first stage of the $800m, three-tower Paradiso Place.
SPG chairman David Wang said the company had been overwhelmed by inquiries from eager buyers
“Paradiso Place will be the catalyst for a new Surfers Paradise, and we are extremely excited to be launching the first stage to the market this week of what will be one of the most unique residential products the Gold Coast has seen,” he said.
“With a severe shortage of supply in the market, we expect all apartments will be snapped up within months of release.”
The three towers, which will include a suspended swimming pool, will rise to 38, 40 and 42 storeys, will bring to market a total of 792 units.
The first stage will include 258 units which will sell from $550,000 for one-bedroom to $760,000 for two-bedrooms.
500-room hotel destined for Movie World
Hundreds are gathered at the Gold Coast Bulletin’s Future GC lunch today to hear from
industry leaders and top business minds on maximising city legacy opportunities ahead of the 2032 Brisbane Olympics.
Sky News QLD editor, News Corp columnist and Future GC host Peter Gleeson kicked off the event by calling for “real changes” for the Gold Coast, saying major infrastructure upgrades such as a “proper second M1” were required to cement the city’s future.
He said the “elephant in the room” was the Gold Coast being wiped off of the 2032 Olympics planning committee, calling it an “absolute disgrace.”
“It’s so important as the sixth largest city in the country that we do what’s required to ensure our growth, now and into the future,” Mr Gleeson said.
Jason Scott, managing director QLD and News Regional Media, News Corp, said the event was a “golden opportunity” to discuss a future vision for the Gold Coast.
Mrs Gina Rinehart will not attend, but will deliver a key speech via video link.
The event’s keynote speech will be delivered by Michael Payne, chairman and CEO of Payne Sports Media.
Mayor Mayor Tom Tate will join a panel discussion with Gold Coast Bulletin editor Rachel Hancock, along with The Star CEO Jess Mellor, Southern Cross University CMO Dean Gould, Village Roadshow CEO Clark Kirby and Destination Gold Coast CEO Patricia O’Callaghan.
Gina Rineheart said the Gold Coast needs to take a “serious look” at the government red tape “holding the city back”.
“We need the government to allow room for a fresh approach that will make the Gold Coast truly prosper,” she said.
“I implore the city’s leaders to not let the Gold Coast to be marred in red tape and mediocrity.”
She mentioned marinas needed major upgrades and called for a number of “international style” underwater bars off Queensland’s coast – as well as bringing tourism facilities up to international standards.
She said Queensland could draw on the success of the Sydney Olympics and the Gold Coast Commonwealth Games, as “we know now what works”.
Mayor Tom Tate has taken a swipe at the Council of Mayors, declaring they should be paying him to give advice on how to secure big deals ahead of the Olympic Games.
Cr Tate, who is furious over being snubbed from being on the Olympic Games organising board, took aim at both the state government and the Council of Mayors at the Future Gold Coast forum.
The Mayor, who quit the council last year, said it wasn’t worth spending $330,000 annually for membership when he was effective at securing deals by himself.
“We were there during the bid and gave our best input and I shared with them the importance of legacy,” he said.
“When you look at the Council of Mayors I have been there at the table and it is about the city deals. The number of city deals we (at the Gold Coast) have sourced is long, including light rail, the superyacht facility and roads.
“I look at our record and the Council of Mayors’, and frankly they should pay me to be on the board to give advice – I’m not being arrogant.”
A hotel with more than 500 rooms and a giant convention centre will be developed at Movie World in a bid to relieve pressure on the city’s existing facilities.
Village Roadshow CEO Clark Kirby confirmed the project, which has been in the plans for more than five years, was close to being realised.
He said the convention centre would have room for more than 1000 people and would be part of the hotel.
“There is so much to be positive about, not just for our company and the tourism industry but for the state as a whole,” he said, speaking at the Bulletin’s Future Gold Coast event.
“We are looking at our portfolio up here and have plans for a 500-600 room hotel, a convention centre on our land at Movie World and we are looking to expand our studio set-up here.
“That’s such an important shot in the arm for the local industry.
‘We are looking at more hotel capacity at Sea World.”
The hotel and convention centre will be aimed at complementing existing facilities rather than replacing them.
More to come...
OLYMPICS SAVIOUR
The man credited with saving the Olympics movement says the Gold Coast must engage the entire country if it wants to make the 2032 Games a true success.
Marketing guru Michael Payne used his keynote address at Thursday’s Future Gold Coast luncheon to implore political leaders not to waste the next 11 years, learn from others’ mistakes, don’t be “insular” and use the world’s biggest sporting event as a “catalyst for change” to create a city for tomorrow.
“Look to engage the whole country – don't be too local,” said Mr Payne who has been involved in 20 summer and winter Games dating back to Los Angeles in 1984.
“And even if the Games are being hosted by Brisbane and the Gold Coast, reach out and make it a national event, engage the whole country. The whole country can benefit from being on the world stage – don’t be too parochial – you will need the support of the board rooms from Melbourne to Sydney, to bring your commercial partners on board.”
Speaking to an audience of nearly 300 people at Oxenford’s Outback Spectacular from his home in Europe, Mr Payne said politicians needed to understand that hosting an Olympic Games was a “catalyst for change”.
“No host city has ever had 11 years to prepare to host the Games. The normal lead time is seven years.
“No host city has ever had the opportunity to host the Games under the International Olympic Committee’s new flexible hosting model. That means you can design a structure that best suits the needs of the region, not some standard template designed in an ivory tower half way around the world.
More than 10,500 athletes from 205 nations will take part in 30 events held across South East Queensland at the 2032 Olympics.
More than 20,000 media will cover the 17-day event, producing 9000 hours of original sports coverage.
Mr Payne laid out a road map of how the Gold Coast could succeed as a co-host:
Use the extra time sensibly
“Don’t squander it and be clear on the infrastructure projects you want, you really need, and plan ahead,” he said.
“The problem with the Olympics – and any major event for that matter – is that the deadline is non-negotiable, so whether you are ready or not, the stadiums built or not, the athletes are turning up.”
Build the management leadership team
“The best leadership team I ever saw came from private equity – as the executives were used to taking over complex assets, that might be facing problems and yet to realise their full potential,” he said.
Invest time and resources to study best practice
“Don’t be shy at going back and carefully studying what previous organisers have done. Certainly in my mind (it is) worth carefully studying every single Games operation since Barcelona 1992.
“Look at what they did to make their Games special; how they made their city/region standout. Look at the mistakes they made, and how to avoid making the same mistakes.
“Don't be insular, and think as so often organisers do, of ‘not invented here’ because you can save a fortune in budget, resources and time by just doing a little bit of basic homework.”
Define a clear strategic vision – what do you want your long-term legacy to be?
“Legacies are both tangible and intangible.
“Use the opportunity of hosting the Games, to drive forward key major capital infrastructure projects.
“I know it all sounds blindingly obvious but, trust me, I have seen time and again, politicians and business leaders ignore these very basic rules, and waste the opportunity.”
In summation, Mr Payne gave organisers an ultimatum of five further directives key to driving success.
“Make it magical; engage with the local community and create local ownership; it’s a journey (so) take everyone along with you, starting with the school kids; the simple things can make a real difference.
“And, finally, have fun.”
Meet Olympic gold medallist Logan Martin at Future GC event
BMX superstar Logan Martin has put the brakes on backflipping his way to gold medal glory to focus on family life, the Bulletin’s upcoming Future GC lunch and a new fashion line.
The two-time world champion may be inked from head to toe but he’s a soft-spoken dad with a heart of gold.
And Logan’s short documentary ‘stay dedicated’, which premiered at an LSKD event earlier this month – rings true to his grassroots values and kingsize ambitions.
It’s these details of dedication and meteoric rise to the top he will share at the Gold Coast Bulletin’s Future GC luncheon on December 2.
BUY TICKETS FOR THE EVENT HERE
As the world’s first ever gold medallist in freestyle BMX, Logan will also discuss the legacy benefits of Brisbane’s 2032 Olympic Games.
Logan said he had taken a ”step back” after the “whirlwind” of the 2020 Summer Olympics in Tokyo to focus on his number one priority – his family.
“After the Olympics it was wonderful to come home, take a break from the intense training and spend some quality time with my wife and two and a half year old son Noah,” he said.
“I’m still on the bike quite a bit but won’t have to ramp up my training until next year.”
And it’s not just his handlebars that has him spinning for joy. Logan and his wife Kimberley are expecting their second child, a girl – due in January.
Jason Daniel, CEO and co-founder of LSKD, said Logan was always a natural fit for his brand.
“Even though Logan is quite literally the best in his chosen sport it’s not what we base choosing our brand ambassadors on,” he said.
“We decided to work with Logan two years ago because of his values and not his accolades. He’s also a family man which is important.
“All of our ambassadors from Brisbane Lion Dan Rich to Olympian Natalya Diehm are aligned with what we believe in – inspiring people to get out there and chase the vibe.”
Logan Martin’s exclusive line with LSKD will be released in February 2022.
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