MAJOR projects that will deliver almost 8000 jobs to the city have been announced on the Gold Coast in just three weeks — injecting much-needed confidence into the building and business sectors.  

 

Exit 54 traffic
The latest approval came yesterday when Deputy Premier Jackie Trad gave the green light to the $75 million overhaul of Exit 54 which is to be funded by the state and federal governments, plus the developer.

Exit 54 upgrade delivers:

• $1 billion Coomera Town Centre, involving 1200 jobs during construction and 1600 permanent jobs

• 25,000 homes associated with Coomera Town Centre.

• Westfield centre — large shopping centre, cinema, two-level department store, artificial beach

• See house and land opportunities HERE.

“It is great to see several major projects moving forward on the Gold Coast.”

UDIA Queensland president Brett Gillan said the Exit 54 commitment would help the region’s economy and the development industry. More info HERE.

 

Work has started on the $1 billion Jewel towers in Surfers Paradise.
Work has started on the $1 billion Jewel towers in Surfers Paradise.

Work has begun on the $970 million Jewel development by China’s Dalian Wanda Group and Ridong Group.

“Jewel will be the most significant development on the Gold Coast since the GFC, and the first true beach-front residential resort in more than 30 years. This investment is a $1billion vote of confidence in the City of the Gold Coast and in Queensland,” said Brampton. More info HERE.

 

Proposed Pacific View Estate at Worongary
Proposed Pacific View Estate at Worongary

Announcement of Pacific View Estate.

This significant project involves the master plan development of a greenfields site of approx 350 hectares. It is the largest remaining development land parcel on the Gold Coast, in single ownership. Pacific View Estate is important to achieving dwelling demand to accommodate expected population growth in SEQ. More info HERE.

 

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