Gold Coast development: $82m new shopping centre to begin construction after council approval
Construction will begin soon on a new Gold Coast shopping centre which will include cafes, restaurants and a health and wellbeing precinct after council gave the project the green light. SEE HOW IT WILL LOOK
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CONSTRUCTION of the Gold Coast’s newest shopping centre will begin in coming months after the $82 million project got the green light.
The Gold Coast City Council on Monday approved a dramatic revamp of Sunland Group’s planned The Lanes Retail Village at Clear Island Waters’ $1.3 billion The Lakes precinct.
Sunland managing director Sahba Abedian said the complex would open in late 2022.
“Council’s decision to approve our Development Application is a welcome one and signals an exciting moment in the evolution of The Lakes,” he said.
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“Countless hours have gone into ensuring the ideal design to foster a community-enriching
experience at the lakeside location and we are delighted that Gold Coast City Council welcomes the benefits The Lanes Retail Village will bring to our city.”
The approval comes just six months after the developer filed revamped plans for the complex, which was redesign in the wake of the COVID-19 pandemic to better suit public tastes.
The Lanes will have 7000 sqm of retail laneways interwoven with a fresh food market hall, cafes, restaurants, a health and wellbeing precinct and a lakeside community green.
Under the original $200 million 2017 proposal, the project would have featured 17,000 sqm of retail space and urban laneways.
The new-look centre was designed by architectural firm Blight Rayner in collaboration with Sunland’s in-house design team.
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The Lanes will be the first major shopping centre built in the city’s central suburbs since Robina Town Centre opened in April 1996.
Mr Abedian said Sunland was now looking forward to working with potential retailers who would benefit from The Lanes Retail Village’s innovative, unique and highly visible location near one of the Gold Coast’s most prominent intersections.
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“Along with 750-plus future residents of the adjoining apartments at The Lanes Residences, about 200,000 people will live within a 10-minute drive of The Lanes Retail Village and close to 100,000 cars pass the site daily,” he said.
“Given such numbers, and its central location close to all major infrastructure, it’s no surprise we have already received strong interest from retailers sharing in our vision to be part of the vibrant community we are creating.”
Sunland bought the site on the corner of Bermuda St and Hooker Boulevard in 2015 and is developing the remaining sections around the shopping precinct as The Lakes masterplanned community.
The first two of four residential towers have already risen on the site, with residents set to move in by June.