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Plans have been submitted by the local Gold Coast apartment developer Aniko Group for their massive $1.5 billion landmark project in Mermaid Beach.

The four-tower development on over 1.1 hectares on the corner of Gold Coast Highway and Seaside Avenue, will see 973 apartments delivered, as well as a luxury hotel, offices, and a food, beverage and retail precinct.

The four towers, which are designed by award-winning firm Plus Architecture, will rise 25, 30, 40 and 53 levels, with a mix of one, two and three-bedroom apartments, as well as an exclusive collection of three-bedroom-plus-study sky homes, sub-penthouses and penthouses.

The apartments will range in size from 60 sqm for the one-bed units to over 500 sqm for the penthouses. Plus have designed the apartments to appeal to a broad range of buyers from sea changers, owner-occupier lifestyle seekers, downsizers, investors, and lock-and-leave holiday homeowners.

Residents will have access to extensive amenity on an expansive recreation podium. The podium will service all four towers, offering a central resort-style lagoon pool, separate lap pool, sauna, steam room and a large gym.

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The ground floor will offer fine dining that utilises more than 100 metres of waterfront presence to the west of the property facing Pacific Fair.

Aniko Group Managing Director George Mastrocoastas said they’re hoping to launch the first stage of the project in late 2023, pending approvals, with the first residents to be welcomed by 2025.

The project will be delivered in four stages over the next six years. The first stage will comprise the 30-level tower with 175 one, two and three-bedroom units on offer.

“We believe the proposed plan will provide a unique and highly curated experience for both residents and workers of the development and the local community beyond,” Mastrocoastas said.

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The mixed-use development will also include more than 10,000sqm of commercial A-grade office space, leveraging off the site’s prime position along the Gold Coast light rail while bolstering supply in a tightening Gold Coast office market.

“The inclusion of a commercial component to the project will create a local hub for a range of businesses and services located within walking distance to accessible public transport,” Mastrocostas added.

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Excerpt only. Continue reading at urban.com.au

Written by Joel Robinson. Originally published by urban.com.au
DECEMBER 23, 2022