Tweed Mall $900m Masterplan Clears First Hurdle

Tweed Heads is in line for modern makeovers like its Queensland neighbour with two projects pumping up the development pipeline past $1 billion.

Elanor Investors Group has won concept approval for its $907-million plans to completely redevelop the Tweed Mall shopping centre, opened in 1982, and surrounding land.

The 5ha masterplan approval means the mall could soon have it all, just south of the NSW-Queensland border at 36 Bay Street and 16-32 Wharf Street, Tweed Heads.

The plans include almost 1400 townhouses and apartments, 45,000sq m of retail space, a 52-key hotel, 14,000sq m office space, a medical centre, cinema complex, gym and childcare centre.

Elanor head of development Matt Healy said since acquiring the centre in 2016, they had been meticulously planning the transformation.

“Our masterplan embodies a forward-thinking vision to create a sustainable mixed-use town centre that meets the growing demand for housing and aligns with modern consumer preferences for integrated living, working, and leisure spaces,” Healy said.

“This ... triple-supermarke- anchored, integrated town centre will act as a gateway to Tweed Heads.”

Tweed Shire council considered the project at its mid-June meeting and agreed it was appropriate for the Tweed CBD as it aligned with the strategic vision, handing it deferred commencement approval.

The Tweed transformation follows the reinvention of the northern side of the border at Coolangatta, where towers replaced a string of mid-century motels in the early 2000s.

Adding $96 million to the Tweed Heads development pipeline is Briscoe Hotel Group’s plans for further down Wharf Street where it backs on to 3-7 River Terrace.

The group filed plans last month for a 14-storey apartment tower with ground-floor retail and basement parking within the Boat Harbour Precinct.

The slender tower with 72 apartments designed by Turner would replace three homes and an out building on the 1849sq m site opposite the harbour. 

The family-run hotelier group moved into residential development in 2015.