The Star Gold Coast’s $2b mega development gets greenlight
Star Entertainment group’s plans to add four more towers to its existing hotel site on the Gold Coast have been approved by government, clearing the way for the $2 billion development to begin.
Premier Annastacia Palaszczuk announced the development late last week, making a point to reassure the public that the new development would not involve more gaming machines.
Local residents groups as well as the state's Liberal National Party opposition had been strongly opposed to any new power machines being approved as part of the project.
Construction of the towers will be staggered with all four completed by 2028, giving the hotel seven towers in total. With an eye on the booming Chinese tourist market, the master plan allows for 3000 new hotel rooms.
"We are going to see tourism go to the next level over the next five to 10 years and Queensland is well positioned to capture the growing middle class of Asia," Palaszczuk said.
Star chief executive Matt Bekier said there was a possible need for further government approval for broader use at the site.
"This has to be an integrated resort of global appeal and in order to make that real we need to appeal to a lot of customer groups," he said.
Sheridan Randall, 8th November 2018
