Hope Island Towers Planned After Stockland Sell-Off

New plans have been filed for a Gold Coast site previously earmarked by Australia’s largest residential developer for two 10-storey towers comprising 122 apartments.

The latest development application proposes a dual-tower vertical retirement village sitting atop a three-storey podium and reaching 14 storeys.

It has been filed by Phil Usher’s Odyssey Lifestyle Care Communities and comprises 208 independent living units and 23 residential aged-care suites.

The new proposal follows property giant Stockland cutting ties with the 4639sq m vacant holding at Marina Quays Boulevard, Hope Island, in the city’s north.

Property records indicate it was offloaded for $7.7 million in a transaction settled in February to an entity linked with Justin Laboo’s Catalyst Health REIT and venture capitalist Mark Carnegie’s MH Carnegie & Co.

The site was part of a 3.3ha holding originally envisioned by fallen Gold Coast entrepreneur John Fish as a $1-billion town centre precinct, including upmarket retail outlets, restaurants, a private school and medical precinct.

Stockland swooped on the parcel in 2017, acquiring it for $13.5 million from administrators of Fish Developments.

Subsequently, it developed a $60-million townhouse project along its 180m north-facing frontage to Hope Island canal, surrounding the vacant site.

In November last year—two months after lodging plans for a twin-tower residential development—Stockland took the remaining portion to market.

According to planning documents, its development application has since been withdrawn.

▲ Renders of the proposed dual-tower retirement and aged-care development at Marina Quays, Hope Island.

Under the new proposal by Odyssey Lifestyle Care Communities, a mix of one, two and three-bedroom independent living units would occupy levels 4 to 14, including eight penthouses on the top floors.

The aged-care suites for residents requiring a higher level of care would be on level 2. Ancillary healthcare services to deliver specialist support/care also would be available to all residents.

O’Neill Architecture has designed the scheme, which also features 2855sq m of communal open space across the ground floor and level 3, including a dining room serviced by a commercial kitchen, outdoor terraces, pool, lounge areas, putting green and virtual golf room, meeting rooms and other activity rooms.

One level of basement parking for 94 vehicles is planned across the development.

A submitted architectural statement said the design of the proposed Marina Quays development had drawn inspiration from its surroundings, in particular two nearby golf courses.

“By incorporating these considerations and including the design inspiration of the free-flowing nature of the golf course, Marina Quays will be a development that … integrates seamlessly with the surrounding area, and offers residents a beautiful and tranquil living environment,” it said.

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