The Star Entertainment Group has broken ground on a new five-star hotel and apartments tower at the Gold Coast today.
The $400 million 63-storey tower is the second in an expanded masterplan for The Star Gold Coast and is expected to be completed by 2024.
Exclusive negotiations are well advanced with the Marriott Group to bring an internationally renowned hotel brand to the second tower.
The first masterplan tower, featuring a 53-storey Dorsett hotel and apartments, is due for completion next year.
The two new projects will sit alongside the existing The Star Grand hotel and the luxury all-suite The Darling hotel to eventually create four hotel options for visitors to the Broadbeach Island resort.
The Star is also progressing the transformational $3.6 billion Queen’s Wharf development in Brisbane, together with partners Chow Tai Fook and Far East Consortium.
“We thank the Queensland Government for supporting our vision,” said The Star Entertainment Group CEO Matt Bekier.
“The exciting thing now is that our vision is becoming reality. Next year we start to open hotels, restaurants, and a wealth of attractions.”