NewsBite

Gold Coast development: Meriton Group plans for three-tower Cypress Surfers Paradise project

‘High-rise’ Harry Triguboff vows his giant triple-tower Surfers Paradise project will be unlike any other as he moved to reassure nervous buyers.

Gold Coast housing prices skyrocket

‘High-rise’ Harry Triguboff vows his giant triple-tower Surfers Paradise project will be unlike any other as he moved to reassure nervous buyers.

Meriton Group last week lodged plans with the Gold Coast City Council for Cypress.

It is a three-tower mega development, on the former Vomitron site in central Surfers Paradise.

Cypress will feature more than 1300 units and the three supertowers will comprise of 80, 73 and 53-storeys respectively.

This will place the tallest tower at four storeys above Sunland’s 77-storey Q1 – the city’s tallest building. It is understood it may rival the height of the spire at the top of the Q1.

Mr Triguboff said the Cypress Ave site was “very dear to him” and would be a dramatically different development than his other projects.

Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.
Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.

“Little did I know that one day I would have the opportunity to purchase a site that is so dear to me, arguably the most central land in Surfers Paradise, and design a trilogy of the country’s tallest towers,” he said.

“I have been very passionate about designing and delivering buildings that are in tune with the ocean and the golden beaches.

“I have loved the Gold Coast since my first visit in the 1960s, and after all my travels internationally, I still believe Surfers Paradise is one of the best positions in the world.

“The Cypress Ave towers will be my 21st high-rise development on the Gold Coast and I am extremely proud of Meriton’s 100 per cent construction completion record which offers purchasers security and certainty.”

Mr Triguboff bought the site for $34.4m in a sale which settled in March.

According to the plans lodged with council, the towers will each have rooftop “skygardens” overlooking the Gold Coast and a “gold spine” running down the sides.

“The design of the three towers is a gateway site to the Gold Coast CBD, providing a bold and iconic presence that welcomes visitors and residents to the city,” the plans say.

“The golden spine acts as a unifying element that ties the towers together, providing a strong visual presence on the skyline.

Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.
Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.

“The spine is also designed to provide shading and environmental control to the towers, while also serving as a sculptural element that adds to the overall aesthetic and elegance of the development.”

It comes just a week after Meriton’s 79-storey Pegasus supertower was shelved.

Mr Triguboff said in January he would build a 272m tower, dubbed Pegasus – made up of 172 apartments and 216 hotel suites – on the eastern side of his existing Meriton Suites at Broadbeach.

The development was approved by the council on January 20.

In a statement, Meriton confirmed it had “postponed” construction of the Pegasus tower to focus on building at Surfers Paradise.

Taller than Q1: First look at Triguboff’s giant triple towers

“High-rise” Harry Triguboff has unveiled plans to transform an infamous “bomb site” into a triple-supertower mega project, rivalling the Gold Coast’s highest building Q1.

Just days after shelving a giant Broadbeach development, the billionaire’s Meriton Group has lodged plans with the Gold Coast City Council for Cypress. It is a three-tower mega development, on the Vomitron site in central Surfers Paradise.

Cypress features more than 1300 units and will have three supertowers of 80, 73 and 53-storeys respectively.

Artist impression of Cypress, Harry Triguboff's new triple tower project which will be built in Surfers Paradise. Picture: Supplied.
Artist impression of Cypress, Harry Triguboff's new triple tower project which will be built in Surfers Paradise. Picture: Supplied.

This will place the tallest tower at four storeys above Sunland’s 77-storey Q1. It is understood it may rival the height of the spire at the top of the Q1.

According to the plans lodged with council, the towers will each have rooftop “skygardens overlooking the Gold Coast and a “gold spine” running down the sides.

“The design of the three towers is a gateway site to the Gold Coast CBD, providing a bold and iconic presence that welcomes visitors and residents to the city,” the plans say.

“The golden spine acts as a unifying element that ties the towers together, providing a strong visual presence on the skyline.

Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.
Artist impression of Cypress, Harry Triguboff's new Surfers Paradise project which will be built in Surfers Paradise. Picture: Supplied.

“The spine is also designed to provide shading and environmental control to the towers, while also serving as a sculptural element that adds to the overall aesthetic and elegance of the

development.”

Mr Triguboff bought the former Vomtiron site for $34.4m in a sale which settled in March.

It comes just a week after Meriton’s 79-storey Pegasus supertower was shelved.

Harry Triguboff. Picture: John Stensholt
Harry Triguboff. Picture: John Stensholt

Mr Triguboff said in January he would build a 272m tower, dubbed Pegasus - made up of 172 apartments and 216 hotel suites - on the eastern side of his existing Meriton Suites at Broadbeach.

The development was approved by the council on January 20.

In a statement, Meriton confirmed it had “postponed” construction of the Pegasus tower to focus on building at Surfers Paradise.

andrew.potts@news.com.au

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.goldcoastbulletin.com.au/property/gold-coast-development-meriton-group-plans-for-threetower-cypress-surfers-paradise-project/news-story/d0c4d2b5f82bc33728e7b5799823af1b