THE STAR INVESTS FURTHER $2B
THE Queensland Government has given the green light to The Star Gold Coast’s plan to inject over $2 billion into additional tourism development on Broadbeach Island, Gold Coast.
A newly approved masterplan proposed by The Star and its Hong Kong-based partners, Chow Tai Fook and Far East Consortium, includes four additional towers, more hotels, new dining precincts, bars and cafes, increased entertainment and conferencing options and new resort facilities.
“The 3,000 hotel rooms and apartments would also exceed what the world-renowned Marina Bay Sands in Singapore offers, and be on a scale to compare with the largest integrated resorts in Las Vegas,” said The Star Entertainment Group Managing Director and CEO Matt Bekier.
“The masterplan in its entirety would see The Star Gold Coast boast more tourism accommodation than any other resort in Australia,” said Bekier.
“Once the Queen’s Wharf Brisbane transformation is complete, and if The Star Gold Coast masterplan is rolled out in full, we will have tourism assets across SEQ worth around $9 billion,” he said.
“In addition to The Star Grand, The Darling and The Dorsett hotel tower, our expanded masterplan provides the opportunity for another four towers and world-class facilities,” he said (BEN 29 Aug).
Pictured is the final render of the integrated resort on Broadbeach Island, Gold Coast.