The Star second Broadbeach tower tops out ahead of 2025 completion
The Star Entertainment Group and its consortium partners Chow Tai Fook Enterprises and Far East Consortium, have topped out the second tower of its Broadbeach casino development.
The new $400 million tower, home to a new suite of apartments managed by The Star Residences apartments, is expected to open in early 2025, following the completion of the vertical construction by Multiplex.
It follows the top-out of the first 53-level tower, comprising the first Dorsett hotel in Australia, in September 2021.
The joint venture partners are also developing the $3.6 billion Queen’s Wharf Brisbane featuring The Star Brisbane, which opened at the end of August.
The new soaring 200m Broadbeach tower on Casino Drive will stand alongside its sister tower as well as the existing five-star The Star Grand hotel and the luxury all-suite hotel The Darling, creating a further 639 accommodation options for visitors to the entertainment and leisure destination.
The Star Gold Coast General Manager of Hotels, Steve McPharlin, said the development is "another 65-levels of proof of our commitment and contribution to the Gold Coast visitor and jobs economy."
“It’s a significant moment to have reached the tower pinnacle after watching it rise steadily over the past three years,” McPharlin said.
“We are proud to have been able to create the platform for a multitude of jobs during construction and will now look toward ramping up the hundreds of direct employment and supply chain opportunities.”
“We are committed to investing in new accommodation inventory, more tourism amenities and a new offering of events spaces to keep the beautiful Gold Coast top of mind as a domestic and world-class tourism and events destination and place The Star in a strong position to capture future growth.”
Just months from completion, the second new tower features 437 one and two and three-bedroom apartments, all of which are sold and unconditional, rising from the 23rd level above the residential amenities and the 202-room 5-star hotel.
Destination Gold Coast Consortium Project Director Silas Croucher said it’s been a rewarding project to lead on behalf of the joint venture partners.
“It’s clear there is high demand to invest in one of the world’s most recognised and beautiful tourism destinations,” Croucher said.
“Standing together as a beacon for the Broadbeach area, the new sister towers with their golden glass façades have significantly transformed the Gold Coast coastal skyline and we look forward to opening in 2025.”