SPG Reveals $800 Million ‘Seaside Village’ Development for Surfers

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Architectural rendering of sky pool and ground below of 103 Ferny Avenue, Surfers Paradise

International property developer SPG Land, in a joint-venture with Australia developer Gordon Corp, has submitted plans for a major transformation of Surfers Paradise with an design that would deliver one of the largest residential resort projects ever undertaken on the Gold Coast.

The 3-tower, $800M development has been proposed at a large 11,480m2 / 1.15-hectare site bounded by Ferny Avenue, Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station, which is currently accommodating a sling shot and put-put amusement ride.

According to SPG, the development has the potential to reshape an entire block in the heart of the Gold Coast tourism precinct by creating an urban oasis with an upmarket neighbourhood village vibe designed to become a beacon for local, interstate and international visitors.

Designed by Rothelowman, the three-stage development would include a new ground-level retail and dining plaza, accompanied by extensive open public spaces and three residential resort towers varying in heights.

Architectural rendering of SPG’s 103 Ferny Avenue, Surfers Paradise
Architectural rendering of SPG’s 103 Ferny Avenue, Surfers Paradise
Architectural rendering of SPG’s 103 Ferny Avenue, Surfers Paradise

The plaza has been designed to activate the northern end of Surfers Paradise by offering a true destination experience featuring signature retailers and food and beverage operators.

The focal point for residents will be a unique circular infinity lagoon pool on the podium level which will host the signature communal space for the development.

In a first for the Gold Coast, the project will also deliver a world leading attraction – a suspended glass-bottom lap pool that will offer residents freestyle swimming with a clear view to street level 26 storeys below.

The three towers, comprising 38, 40 and 42 storeys, will bring to the market a total of 792 apartments and 1,713 sqm of indoor retail space, along with 902 underground parking and 28 on-grade parking spaces.

Project rundown

  • Height: Tower 1: 142.9m and 38-storeys, tower 2: 144.9m and 40-storeys (the roof level is unenclosed and does not attribute to the number of storeys), tower 3: 158.6m and 42-storeys (the roof level is unenclosed and does not attribute to the number of storeys)
  • Unit mix Tower 1: 32 x 1-bedroom apartments, 192 x 2-bedroom apartments, 32 x 3-bedroom apartments, 2 x 4-bedroom penthouses
  • Unit mix Tower 2: 70 x 1-bedroom apartments, 210 x 2-bedroom apartments
  • Unit mix Tower 3: 216 x 2-bedroom apartments, 36 x 3-bedroom apartments, 2 x 4-bedroom penthouses
  • Total apartment mix: 102 x 1-bedroom apartments, 618 x 2-bedroom apartments, 68 x 3-bedroom apartments, 4 x 4-bedroom penthouses
  • Ground retail: the proposal includes a total of 1,713.3m2 of non-residential floor space which is divided into 15 ground level individual tenancies with one tenancy on the northern side of the site spanning over ground and level 1. These tenancies are limited to 150m2 in floor area and are located in the development’s most highly trafficked pedestrian areas
  • The 6,267m2 podium will result in 54.5% site cover which marginally exceeds the High Density Residential Zone Code Acceptable Outcome of 50% site cover
  • Car parking: 931 car parks. In addition to car parking, a total of 309 resident and 66 visitor bicycle parking spaces for the residential component of the development. 28 visitor and 30 staff bicycle parking spaces are provided for the nonresidential component of the development.

Each tower will have its own podium level interconnected by walkways to create a unique elevated ‘seaside village’ for residents, with each tower podium offering separate resort amenities. The towers also boast their own dedicated sky lounges occupying the entire 26th level, each with customised amenities. Penthouse owners will have the added exclusivity of access to their own private rooftop gardens and recreation areas.

The towers have been designed to offer an individual lifestyle profile with custom-designed communal facilities to cater for a broad range of buyers, including young families.

Architectural rendering of SPG’s 103 Ferny Avenue sky pool

SPG Land chairman David Wang described the proposed Surfers Paradise development as a flagship project for the company that will create a sought-after destination in the city’s traditional tourism heart.

“This is a transformational development, not only for Surfers Paradise but for the Gold Coast more broadly,” said Mr Wang.

“We have had a long association with the Gold Coast, and it’s especially exciting that we have been able to enlist the talents of a remarkable local team to bring this project to fruition.

Architectural rendering of SPG’s 103 Ferny Avenue sky pool

“Our development is not only destined to be an exciting new residential address, but a new public space that everyone can enjoy whether they’re taking a shortcut to the beach or settling in with friends in the plaza for a morning coffee or an alfresco lunch.”

SPG Land’s joint venture partnership with local developer Tim Gordon’s Gordon Corp marks a strengthening of the relationship between the companies which has grown over a number of years and is poised to jointly develop more projects in the near future.

Mr Gordon today lauded the partnership and said it would be a game changer for the Gold Coast.

“We are absolutely delighted to be involved in this project with SPG Land,” said Mr Gordon. “This will be a landmark project for the Gold Coast that will be an internationally recognised destination.”

Architectural rendering of the Crown at SPG’s 103 Ferny Avenue, Surfers Paradise

“We believe this is a project for its time, created by looking to the past to find what made Surfers Paradise such an iconic address for generations.”

Tower 1, the heart of the proposed project, has been designed with a dynamic, social and youthful theme offering all residents access to the tower’s main pool and a separate lounge pool complete with a pool bar and all-day dining facilities, VIP dining area, a day-care centre, a barbecue area and a resident’s gym and yoga garden with the sky lounge featuring co-working spaces, bar, indoor and outdoor seating lounge, and an interactive sky gym.

Architectural rendering of SPG’s 103 Ferny Avenue development entry plaza

Tower 2 will offer a more peaceful environment suited to families and will have its own indoor and outdoor kids’ zone, while the sky lounge will boast a sky gym, plus yoga and spa facilities. Tower 3 will deliver a level of luxury and sophistication sought by the mature lifestyle buyer with the podium encompassing its own café, breakfast and dining terraces, a library and meeting rooms while the sky lounge will feature the city’s first suspended lap pool, a cigar lounge and wine bar.

The planned Gold Coast development will add to an impressive portfolio of iconic projects for SPG Land, a company founded in Australia in 1998 with a focus on high-end real estate and premium hospitality assets. SPG Land has delivered 56 projects in the Asia-Pacific region over the past 23 years.

Proposed site location of SPG’s 103 Ferny Avenue development

Among the company’s landmark developments globally is the $US857 million The Peninsula Hotel Shanghai, which opened in stages from 2009, and the Global 188 twin-tower project in Suzhou.

On the Gold Coast, the company has undertaken the $162 million Cambridge Residences at Robina comprising 386 apartments across four towers.

The SPG Land and Gordon Corp joint-venture has appointed Gold Coast-based Eastview Australia as project manager to oversee construction of the development. Award-winning architectural firm Rothelowman and landscape firm Form have produced the innovative design.

The development is expected to be officially launched to the market in the fourth quarter of this year.

Plans

Plans

 

Tell us what you think about this development below in the comment box. The development application for this project, available to view on the Gold Coast City Council’s online platform is 53703154.

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4 Comments
  • This is DEEEEEESPERATELY needed, I own a holiday unit in Northern end of Surfers and the place is a proper ghetto. And it totally shouldn’t be! Abandoned shops, entire shopping malls laying in ruins, buildings boarded up. It’s like a ghost town and it’s so sad. Surfers Paradise used to be the most exciting place in the world when I was a kid not sure what went wrong but it needs a couple of big developments like this to reactivate it. The Meriton across the road also looks the goods. Just a quick note, the slingshot is not on this development site, it is on the other side of crown towers with the OTHER putt putt (there are 2). On palm ave. This development appears to be proposed for the King Tutts putt putt – thank god. Can’t even get a decent cup of coffee in this area at the moment so looking forward to it.

  • Most concerning for such a large development is the traffic congestion which will be a nightmare especially if there is an exit point on Ocean Ave.

    Surfers Paradise BLVD is choked all day heading south from this position with traffic lights every 100m’s. A tunnel or 2 between Surfers Paradise BLVD and Ferry Rd is desperately needed. If QLD wants the GOLD COAST an international up market destination then road congestion needs to addresses ASAP. All the rates collected from the 1000’s of new apartments could easily fund tunnels and bridges.

  • Somebody please buy the Golden Gate!
    Think of how many towers you could put in that large space …. Ugly ugly building & It’s been there since 1977; surely it has to come down or fall down soon?

  • The developers should buy The Moorings next door to add to the development with a walkway bridge. It’s a no brainer. Perfect location.

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