$1.5bn development set to take shape
A giant $1.5bn residential development next to one of the Gold Coast’s biggest shopping centres will be put to the market in March.
Lewis Land’s Harbour Shores project will feature more than 2000 homes built near Harbour Town over the next 10 years, with the first release to be waterfront villas and unit towers. Expressions of interest for prospective buyers launched over the festive season.
Available properties have dwindled across the city as the population surges and the development sector is unable to keep pace.
Lewis Land Group CEO Brett Draffen said that the project would become its own neighbourhood.
“Harbour Shores will proudly deliver under the Gold Coast City Plan by creating a new urban neighbourhood close to major employment hubs, health and retail infrastructure, recreation facilities and transport, including the proposed light rail,” he said.
“The community will be entirely fossil fuel-free and over 80 per cent of construction waste will be reused or recycled.
“In March we will launch the first residential releases at Harbour Shores, including a collection of waterfront villa residences, two mid-rise residential apartment buildings, and the large community park.
“Registrations of interest (have) opened to enable our team to work through the large volume of inquiries and share more of our vision for this landmark precinct.”
The 16ha site, which stretches along 1.5km of canal-front, will become home to nearly 5000 people, with the company planning to build 30 buildings.
The project is expected to create more than 5000 jobs during construction.