Palm Beach hotel development approved for ‘first of its kind’ hotel in the area

Development approval has been granted for an iconic Palm Beach landmark; this time, it’s for a ‘first of its kind’ hotel in the area.

The code-compliant development application was approved for a striking new $120 million project comprising 126 rooms across six storeys, with state-of-the-art amenities, including a rooftop pool, gym, spa, and in-house dining.

Earmarked for a site at 1081-1089 Gold Coast Highway in Palm Beach, the hotel is set to deliver over 2,000 sqm of architectural elegance to a beachside position.

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With the Southern Gold Coast currently undergoing a renascence, the location of Palm Beach Hotel is surrounded by the best of what the coast has to offer, with a vibrant dining and shopping scene and a mix of trendy cafes and restaurants all within walking distance to white sandy beaches.

Now that travel is back to normal and stimulating tourism, Palm Beach Hotel will also help meet the need for more accessible offerings in the Southern Gold Coast for domestic and international travellers.

Award-winning firm Plus Architecture has been engaged to deliver the master-planned hotel.

“Being such a significant project, our team took a considered approach to create a standout development in an increasingly discerning market,” said Danny Juric of Plus Architecture.

The Palm Beach market has achieved exceptional price growth, positioning itself as one of the Gold Coast’s hottest beachfront suburbs.

The plans laid for the architecture and amenities in Palm Beach Hotel certainly follow the visionary ethos of designing and delivering high-quality projects.

One of the parties is Gold Coast-based luxury property group, Steer Developments, headed by Robert Steer.

“We wanted to create a space that makes our guests feel something special. It’s about the entire experience. A perfect blend of beauty, luxury, and premium quality with a calm, lush, and peaceful serenity.

“We have always appreciated the Gold Coast’s lifestyle and are excited to contribute to its beauty and make an everlasting impact on the southern Gold Coast.

“While the northern end of the Gold Coast is flooded with hotels, the southern end is ripe for a luxury offering. Along with Mondrian set to open in Burleigh, the timing is perfect for an additional prestige hotel at Palm Beach.”

Palm Beach Hotel will be delivered in one stage, with construction set to commence in Q4 2023 and completion estimated for Q1 2025.

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Article source: Queensland Property Investor