Gold Coast-based Immerse Projects has won approval for a second Coolangatta project as the company’s developer-builder founder, John Kearney, steps up his interests in the southern Gold Coast.
The 17-storey apartment tower will now rise from a site at 39 McLean Street with construction slated to begin next year.
Immerse Projects is building Rhythm Kirra Hill, with Kearney’s construction arm Greyburn Building Contractors doing the work.
The seven-storey, 40-apartment Rhythm Kirra Hill is next to the McLean Street site and is the first of three developments either under way or proposed by the company on the southern Gold Coast.
Kearney said the approval was the result of “a lot of collaborative work with the Gold Coast City Council during the past 18 months”.
“This allows us to focus on delivering and finishing construction on Rhythm Kirra Hill and we look forward to moving our teams on to this site towards the end of next year, along with a DA submission for another site in Tweed,” he said.
The McLean Street tower comprises 58 apartments in a mix of two and three-bedroom designs, plus a 240sq m penthouse.
Resident amenities planned include a resort-style rooftop with communal lounge room, pool, gymnasium and sauna. There are also communal areas on the ground and first levels with meeting rooms for work-from-home use and parcel delivery lockers for online purchases.
Designed by BDA Architecture, the development will feature a “simple slender design with curved edges and a pared back elegant articulation of a timeless architectural style,” according to the developer.
Immerse Projects reduced the height of the project from 19 levels after negotiations with the council.
The site is within the Coolangatta Centre District, which offers higher-density allowances under the Gold Coast City Council Town Plan.
Kearney says the new development is inspired by the success of Rhythm Kirra Hill, which has proven to be popular among owner-occupiers and local downsizers by offering apartment designs that suit a wide section of the market.
“McLean Street, like Rhythm, will cater to that missing middle market where buyers are looking for quality coastal residences with resort-style facilities but without the premium price point,” he said.
“We are big believers in the southern Gold Coast, as the market remains buoyant for this type of product amid an ongoing undersupply of stock.”
Immerse Projects intends to bring the McLean Street project to the market later this year.
