First look exclusive: Abedian family propose second stage of Greenmount Beach Hotel redevelopment

First look exclusive: Abedian family propose second stage of Greenmount Beach Hotel redevelopment
Joel Robinson October 28, 2024PLANNING ALERT

The Abedian family is getting closer to finalizing plans for its new apartments on the site of the former Greenmount Beach Hotel.

The Abedian's, under their new development company Arium, spent $42.1 million on the amalgamated 7,071 sqm block, bordering Marine Parade, Eden Avenue and Hill Street, back in 2021, before going into planning mode for the prime site which sits between Rainbow Beach and Greenmount Beach and offers never-to-be-built-out views over the sand.

They're subdividing the site, and will deliver the projects in two stages. The first application came in in 2023 when they submitted a plan for a 16-level tower with 54 apartments designed by Contreras Earl Architecture.

The former plans by Contreras Earl Architect on the northern section of the site

Those plans were superseded earlier this year when Arium had 111 Design Studio completely redesign the development, proposing two 14-levels with 63 apartments fronting Marine Parade.

Now, sticking with 111 Design, Arium has submitted plans for the 2,580 sqm section of the site that fronts Eden Lane. The plans are for two eight-level buildings with 45 apartments, made up of 14 two-bedroom apartments and 31 three bedrooms.The new plans by 111 Design Studio

The Town Planning Report by Zone Planning said the architecture of the buildings has been carefully curated having regard to the built form, scale and appearance of the two towers on the northern side of the site.

"The proposed towers incorporate the same high-quality concave balustrades and wrapping balconies that project from the corners of the building, the report noted.

"These feature elements give the buildings’ shape, introduce shadow play and visual depth to the elevations. The clear balcony glazing promotes through the edges of the buildings’ which reduces perceived building bulk and the potential for overbearing form/scale."

The 78 parking spaces will sit across two basement levels. The ground level communal area facilities will comprise a water feature, lounge areas, outdoor BBQ areas, lawn terraces, lounge areas, a gym, and extensive landscaping.

One of the rooftops will have lawn terrace areas, kids play area, fire pits, breakout spaces, terrace seating and communal vegetable gardens, while the other building has upper and lower levels that will home lawned areas, communal vegetable gardens, fire pits, a swimming pool, a sauna, and a spa.

The Abedian family shut down Sunland and started Arium.

The developer has since bought two adjoining sites in Broadbeach, from Little Projects and Bassar Group.

They then secured a 516 sqm site at 11 Anne Avenue from Di Carlo Property Group.

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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