The AU$400 million 63-storey tower is the second in an expanded masterplan for up to five towers at The Star Gold Coast and is expected to be completed by 2024.
The Star Entertainment Group says exclusive negotiations are well advanced with Marriott International to bring an internationally renowned hotel brand to the new tower.
The first masterplan tower, featuring a 53-storey Dorsett hotel and apartments, is due for completion next year, also at a cost of AU$400 million.
The two new projects will sit alongside the existing The Star Grand hotel and the luxury all-suite The Darling hotel to eventually create four hotel options for visitors to the Broadbeach Island resort.
The Star is also progressing the transformational $3.6 billion Queen’s Wharf development in Brisbane, together with partners Chow Tai Fook and Far East Consortium.
“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,” said The Star Entertainment Group CEO Matt Bekier.
“The exciting thing now is that our vision is becoming reality. Jobs are being created; cranes are on worksites. Next year we start to open hotels, restaurants, and a wealth of attractions.”
The latest Gold Coast tower – designed by acclaimed architects, DBI, in conjunction with hotel interior designers, Hachem (most recently responsible for W Melbourne) – will include 210 hotel rooms and 457 apartments and when it opens, The Star precinct will offer nearly 1200 hotel rooms and suites.