Gold Coast Development: Changes planned for $500m Queen Street Village complex in Southport

The developer behind a $500 million mega development transforming one of the Gold Coast’s most valuable sites is making a big change to the project.

THE developer behind a $500 million mega development transforming one of the Gold Coast’s most valuable sites is making a big change to the project.

Developer Property Solutions has filed a revised development application for Southport’s Queen Street Village, which is under construction.

The location of the planned childcare centre.

GIANT RETIREMENT VILLAGE PLANNED FOR QUEEN STREET VILLAGE

Under the plans, the capacity of the proposed childcare centre, which will front Nerang Street, will be expanded to 115 children, while an additional mezzanine level will be added to the project for administrative purposes.

A retirement village planned for the Queen Street Village development. Picture: Supplied.

Construction of the development, on the old Gold Coast Hospital site, began in Mid-March, just days before the COVID-19 pandemic forced the shutdown of many industries.

COAST SUBURBS WHERE HOUSE PRICES ARE SURGING

Work continued and is on track, with the first stage expected to open in mid-2021.

Artist impression of a proposed tavern at Queen Street Village.

The first stage of the mixed-use project will be a four-storey shopping and entertainment centre that will include an IGA supermarket, Asian food court, new tavern, two drive-through fast-food eateries and an 11-screen, 1000-seat Dendy ­cinema complex.

Construction has also begun on Accor Group’s 17-storey Mercure Hotel, which will be targeted at the business market.

It will have 230 rooms, a rooftop bar and restaurant and is expected to open late next year.

The old hospital site will ultimately feature seven towers ranging from 16-25 storeys, a shopping centre and a $120 million two-tower retirement facility.