Green light for work on Southport tower

Marine Quarter residences are set to include floor-to-ceiling windows and recessed balconies that allow natural light to fill each home while offering residents both privacy and protection and uninterrupted, panoramic views of the Broadwater

CONSTRUCTION on the $72 million Marine Quarter at Southport is set to kick off next month.

Property developer Buildcap is behind the project with GCB Constructions appointed to the build.

Marine Quarter, at 165 Marine Pde, is expected to create approximately 2,500 jobs throughout the project’s anticipated twoyear construction life cycle, providing a significant boost to the state’s local economy and the wider job market.

Setting records of its own, Marine Quarter will become the tallest underconstruction building in the region’s north, the only Broadwater Parklands development to ever be built on the Gold Coast and is the only approved development on the eastern side of Marine Pde.

Buildcap managing director Stuart Biggs said the construction of Marine Quarter signifies a vote of confidence in not only Southport but the wider Gold Coast property market.

“Looking forward, we certainly see our project as playing a huge role in accommodating some of this ongoing regional development — despite the slower market right now, it is a really exciting time for the Gold Coast and it is incredible to see Marine Quarter leading the pack in this growth,” he said.

Signalling the first project between Buildcap and GCB, construction at Marine Quarter is slated for completion in the second quarter of 2022, with 70 per cent of apartments already sold.

Set to stand 28 storeys, Marine Quarter will be home to 106 luxury one, two and three-bedroom residences. The project will provide retail and hospitality offerings on its ground level, while resident facilities are set to include a pool, gym and outdoor gardens. Prices start at $408,000.