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One of the Gold Coast’s most prominent developers has unveiled plans for a giant $48 million townhouse project on the back of construction beginning on the $1.5b Coomera Connector.

HOPE Island’s status as the Gold Coast’s new development hotspot has been underlined,
with one of the city’s most prominent developers unveiling plans for a giant $48 million townhouse project.

Aniko Group, which has more than $400 million in Gold Coast projects in the pipeline, has filed plans with council for the unnamed 58-house project, earmarked for 31-35 Grant Ave.

It will neighbour Aniko’s under-construction $140 million No. 1 Grant Ave unit tower.

Aniko boss George Mastrocostas said he had greenlit the project with the state government moving ahead with its plans to build a new railway station in the area and the $1.5 billion first stage of the Coomera Connector.

“We’re very excited to be announcing the next phase of what we are doing in Hope Island,” he said.

“With the pending Hope Island rail station and the commencement of the Coomera Connector to significantly decrease travel times between Brisbane and the central Gold Coast, we believe Hope Island will continue to thrive as the epicentre of the Gold Coast’s North Shore.

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Excerpt only. Continue reading at Gold Coast Bulletin

Originally published by Gold Coast Bulletin, MARCH 31, 2021