$400m The Star Gold Coast Tower 2 to create 1800 construction jobs

Monica Gameng   |   February 15, 2021
Aerial view of The Star Gold Coast (cr: The Star Entertainment Group)

The first sod has been officially turned to signal the beginning of construction on The Star Entertainment Group's $400 million Tower 2 development on the Gold Coast. 

Tower 2 is part of the more than $2 billion masterplanned project The Star Gold Coast on Broadbeach Island. 

"Construction is absolutely vital to rebuilding our economy and creating local jobs on the Gold Coast. 

"We approved the masterplan for The Star Gold Coast because we know how important it is to partner with the private sector to deliver new tourism infrastructure in this city. 

"To have construction starting on multi-million-dollar developments like this just proves that business confidence on the Coast is strong. This is only possible thanks to the way Queenslanders have responded to the coronavirus pandemic,” Premier Annastacia Palaszczuk said. 

Tower 2 is going to be a 63-storey mixed-use tower which includes a five-star hotel brand – this is the fourth hotel on The Star Gold Coast development – built on the south-eastern part of Broadbeach Island. 

The new tower will feature 210 five-star hotel rooms along with 457 apartments that will be part of The Star Residences Gold Coast. 

"Our tourism and construction industries are cornerstones of the local economy here on the Coast. 

"This project won't only deliver a shot-in-the-arm for our construction sector, it helps to ensure our tourism offering remains world class. 

"Above all it's about jobs. We'll continue to work with the private sector to bring forward projects that will create jobs for local workers," Environment Minister and Member for Gaven Meaghan Scanlon said. 

The multi-million-dollar project is anticipated to create 1,800 jobs during construction and a further 500 jobs once up and operational. 

Development of The Star Gold Coast is being overseen by Destination Gold Coast Consortium, which is comprised of The Star, Chow Tai Fook Enterprises and Far East Consortium. 

In addition, Multiplex has been awarded the contract to build the project. 

"We thank the Queensland Government for supporting our vision. 

"We aim to be Australia's leading integrated resort company and we're developing properties on the Gold Coast and Brisbane that will be compelling must-see destinations for locals, interstate and international visitors,” The Star Entertainment Group CEO Matt Bekier said. 

Source: Queensland Government – Media Statements; The Star Gold Coast – Media Releases 

New call-to-action

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
Mondium secures $400m Western Turner Syncline 2 construction contract

Perth-based company, Mondium, has been awarded a $400 million contract to design and build Rio Tinto’s Western Turner Syncline Phase 2 (WTS2) project in the Pilbara.

Projects
Contracts awarded to deliver $400m NSW major freight rail upgrades

The Australian Rail Track Corporation (ARTC) has marked a new milestone on the $400 million Port Botany Rail Line Duplication and Cabramatta Loop Project with the awarding of two major contracts. 

Projects, QLD
Construction begins on $400m beverage manufacturing facility in QLD

The sod has been turned and construction is now underway on Frucor Suntory’s $400 million manufacturing facility near Ipswich, Queensland. 

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders