Coast tower where the young people can’t live
RETIREMENT giant Aveo Group wants to build a high-rise targeting seniors just a handful of metres from the Broadwater
The 16-level, so-called "retirement tower" would be built on the corner of Frank and Robert Streets and would feature 96 units.
A development application lodged with council immediately before Christmas pitches the project as an 'integrated community … specifically built and designed for older people".
It will include a mix of two and three bedroom independent living units and services for those with greater healthcare, support and daily living needs.
Other features include a manager's residence, food and drink outlet and community facilities as well as accommodation for staff.
REIQ's John Newlands said the Gold Coast should expected to see more high-rise tower projects.
"We are going to see more of these sorts of developments as the Gold Coast grows vertically rather than horizontally," he said.
"It is a great concept because they are perfect for people who want to downsize because they can live independently and get service if they need it.
"Being in Labrador it is in a great location and right near the water."
If built, it will be the Coast's second retirement tower following Southport's Victoria Towers on Scarborough St.
According to documents filed with the council the building's two-level podium would include communal facilities such as a pool, gymnasium, community lounge, dining area, media room and arts room as well as residential apartments with private courtyards.
The majority of units will be two bedrooms with 18 three-bedroom apartments and 19 one-bedroom offerings.
The building's design, by local firm DBI, references "the strong maritime culture" of the Gold Coast.
In 2016 the Gold Coast City Council approved a 98-unit residential tower for the site which did not progress.
Aveo met with council staff last month to discuss the project.