$65m tower will transform Cav’s Steakhouse site
THE iconic Cav’s Steakhouse will be demolished and gone from Labrador by week’s end.
The wrecking ball will go through the Frank St restaurant on Tuesday morning as demolition crews move in to clear the site for a $65 million 13-storey luxury tower, Arleen. Cav’s owner Richard Cavill
the demolition marked the end of an era and a rebirth for the eatery, which will reopen in Runaway Bay, while the new Cav’s Emporium will open in the new tower.
“Gold Coasters have known and loved Cav’s Steakhouse for almost four decades, so we’re pleased we can maintain that connection into the future through this new venture – set to reopen in the same location in 2022,” he said.
“Cav’s is embedded in the history of the area and, once Arleen is completed, we’re looking forward to delivering what we always have in this location, the finest food in a casual and relaxed atmosphere.”
Cav’s Emporium will be in the commercial space on the ground floor of the building and feature gourmet meat, delicatessen goods, fresh vegetables and cafe-style dining as well as a pharmacy, pathologist and a medical clinic.
Arleen will be released to the market in coming weeks and will feature 85 units ranging from one to three bedrooms.
Savills Gold Coast’s Chris Jones said the project had received significant interest from the market, similar to other developments which have defied the COVID-19 downturn.
Cav’s was originally the Beef Baron Restaurant before the Cavill family bought it in 1984 and redeveloped it to create the famous eatery.
Among the celebrities who dined there over the years were Liberace, Phyllis Diller, Robert Goulet, Andy Williams and Stuart Wagstaff.
Even Russian President Vladimir Putin’s bodyguards enjoyed a meal there.