THE STAR IN­VESTS FUR­THER $2B

Business Events News - - Front Page -

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.

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