Green light for tower in Surfers Paradise

A$300 million 51-storey tower with 280 apartments is set to be built in the heart of Surfers Paradise. MRCB International has received the green light for its first Queensland project to be built on Vista Street in Surfers Paradise.

The tower is set to be home to 280 apartments, 322 car spaces, and six threestorey townhouses that front the Northcliffe light rail station.

Designed by local architecture firm DBI Design, the slender tower covers 30 per cent of the 3100sq m site and is orientated to the east.

Residents will have access to a wellbeing precinct on level 4 including a gym with outdoor yoga space, outdoor pool and spa, sauna, steam room and lounge space.

There will also be verdant rooftop gardens and another resident’s lounge on level 51.

There is also EV charging provisions as a means of future-proofing the project.

With frontages to Vista and Thornton streets, the site stretches across seven continuous lots and has remained vacant since 2014.

MRCB International purchased it in 2022 for $17m.

MRCB International CEO Ravi Krishnan said the group was thrilled to achieve development approval.

“We look forward to delivering a project that will not only enhance the city skyline but will play a pivotal role in catering to the booming migration to the Sunshine State,” Mr Krishnan said. “Recent council population data forecasts that by 2041, the Surfers Paradise population will have nearly doubled and it is estimated that of that, close to 85,900 people will live in high rise towers.

“Our vision for this project is to create a beautiful slender tower that will bring coastal elegance to Gold Coast while providing a rare opportunity for purchasers to buy a home that prioritises lifestyle, design and location.”

MRCB International is planning to start construction next year with the project scheduled for completion in 2026.