An iconic Palm Beach landmark has been granted development approval, with plans for the location to be the ‘first of its kind’ in the area.
The code-compliant development application was approved for a striking new $120 million project, comprised of 126 rooms across six storeys, with state-of-the-art amenities, including a rooftop pool, gym, spa, and in-house dining.
Found along the Gold Coast Highway, the Palm Beach location will deliver 2,000 sqm of architectural elegance to a beachside position.
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.
Since international travel has returned 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.
Plus Architecture spokesperson, Danny Juric said this is a significant project.
“Our team took a considered approach to create a standout development in an increasingly discerning market.”
The Palm Beach market has achieved exceptional price growth, positioning itself as one of the Gold Coast’s most popular 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.
Gold Coast-based luxury property group, Steer Developments, headed by Robert Steer, said that the company has always appreciated the Gold Coast’s lifestyle and is 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 the fourth quarter of 2023 and completion estimated for early 2025.
