280 units in Surfers giant
A MALAYSIAN developer wants to build a 51-storey supertower in the heart of Surfers Paradise.
MRCB International, a wholly owned subsidiary of the publicly listed Malaysian Resources Corporation Berhad (MRCB), has filed plans with the Gold Coast City Council to build what would be the city’s sixth-tallest tower.
It is earmarked for a site that fronts Surfers Paradise Boulevard and Vista and Thornton streets, and will have 280 units and six groundlevel townhouses.
The high-rise will be MRCB’s third Australian project in eight years and the first in Queensland.
MRCB International chief executive Ravi Krishnan said the company saw great potential in the Gold Coast.
“The Gold Coast is a burgeoning city providing scope for smart and sensible developments that recognise it’s linear layout and that can take advantage of its growing transport network,” he said.
“We selected the site due to its location within the light rail urban renewal area, and with Northcliffe Station right at its doorstep, the development will be well connected and is consistent with the city’s dwelling targets and intent for a higher level of street activation.
“MRCB has delivered a large portfolio of successful integrated commercial and
residential developments anchored around transportation hubs, and this project will provide a premium residential tower within this strategy.”
The company bought the site in September 2021.
The tower will have six levels of parking, including four in the basement and two in its podium, and three recreation levels, including its rooftop.