Construction underway for $32 million Gold Coast development, adding to the Pellicano x Quest empire
International hotel group Quest has partnered with Australian developer Pellicano to construct an eight-storey multi-residential building by 2020. Pellicano purchased the Gold Coast site last year, and obtained consent for the build in August 2018. Quest's reputation as one of Australasia’s largest and fastest growing apartment hotel chains has been one of the key factors to ensure Pellicano’s confidence in the project.
“This project’s convenient location and ease of access to lifestyle amenity paired with Quest’s solid reputation for delivering quality accommodation ensures our confidence in the success of this project."
- Nando Pellicano, Pellicano Managing Director
Quest Robina and Lucia Residences will be Quest’s debut into the Gold Coast market, and will feature 80 rooms, 37 sqm of ground-floor retail, a two-level basement carpark and 24 residential apartments.
“Best of all it will generate more local jobs and give Robina an opportunity to share in benefits of Council’s push for the Gold Coast to remain Australia’s tourism capital.”
- Hermann Vorster, Gold Coast City Councillor
The Gold Coast has experienced a growth of business travel over the past 6 years in addition to low office vacancy, so the need to create more accommodation and office facilities was essential.
“…We see Robina as a key commercial centre for the Gold Coast economy – evidenced by low office vacancy, iconic commercial towers and a range of drivers across the health, sporting and retail sectors to support future growth. Business trips to the Gold Coast have experienced average growth of above 6.5 per cent over the last six years which represents 10 per cent of the overnight domestic travel market. This provides a wonderful opportunity for Quest Robina to provide quality accommodation to meet this demand.”
- James Shields, Quest Apartment Hotels General Manager - Growth
Quest Robina and Lucia Residences will be the first of multiple joint ventures of Quest and Pellicano, totalling approximately $182 million. Other projects are likely to take place in the Victorian suburbs of Ballarat, Preston and Geelong.
