The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
AFFORDABLE HOUSING DEVELOPMENT SUMMIT THIS THURSDAY
AFFORDABLE HOUSING SUMMIT THIS THURSDAY
EVENT DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
25
print
Print
OtherDinah Lewis BoucherWed 30 Jan 19

Yuhu Snap Up Neighbouring Site to Expand Jewel

84bbc413-079e-4f7c-b1dd-9fe9aab7f92c

Development giant Yuhu Group has expanded upon its $1 billion Jewel development, snapping up a neighbouring parcel of land in Surfers Paradise.

The $11.25 million purchase includes two low-rise apartment buildings on a 1264sq m parcel of land adjacent to the major Jewel development.

While no specific plans for the 2 Wharf Road site have been finalised, Yuhu chairman Jimmy Huang said the vision for Jewel is to “create the most desirable destination possible for both residents and visitors”.

“The extra land could, for example, lend itself to additional retail and commercial offerings, including facilities to support leisure, exhibitions, entertainment or business activities.”

Yuhu Group acquired the historically difficult development project from Chinese conglomerate Dalian Wanda, along with One Circular Quay in Sydney, for $1.13 billion in May last year.

The three crystalline towers that form the Jewel project reached topping out stage last August.

Related: ‘It’s Just Another Normal Working Day’: Yuhu On Jewel

'The Miller' 221 Miller Street, North Sydney


In North Sydney Yuhu has topped out its $250 million residential development ‘The Miller’ reaching its maximum 21-storey construction height.

The PTW-designed tower will comprise 169 private residences and 100 serviced apartments, managed by Quest when complete.

Huang says The Miller will provide high-quality urban living in North Sydney.

“It is also in proximity to the waterfront and Sydney CBD just two kilometres away,” he said.

The Miller is scheduled for completion in the third quarter of this year.

OtherRetailResidentialAustraliaGold CoastReal EstateDeal
AUTHOR
Dinah Lewis Boucher
More articles by this author
ADVERTISEMENT
TOP STORIES
Fortis’ display suites are designed as brand environments first, with tactile details and curated design to build buyer confidence before project specifics.
Exclusive

Relevant or Redundant: Will Tech Kill Display Suites?

Vanessa Croll
7 Min
Exclusive

Missing Heart: Why The Gold Coast Needs a CBD

Phil Bartsch
7 Min
Traders in purple Northsea Wollongong EDM
Exclusive

Affordable Housing Bonus Drives Mixed-Tenure Momentum

Clare Burnett
6 Min
Exclusive

Industry Stoush Looms Over Construction Code Pause

Patrick Lau
4 Min
Exclusive

New Wave of Capital Washes Over Evolving Surf Park Sector

Phil Bartsch
11 Min
View All >
Central Element Lavender Bay EDM
Residential

Central Element Forges Ahead with Lavender Bay Scheme

Clare Burnett
Mermaid Beach The Alfred Revised Da hero
Residential

Plans for Gold Coast Lifestyle Hub Spin-Off Upscaled

Phil Bartsch
Affordable & Social Housing

Final Call for Affordable Housing Summit Registration

David Di Marco
Join 100-plus industry professionals and be part of the conversation on practical, scalable solutions to the housing cri…
LATEST
Central Element Lavender Bay EDM
Residential

Central Element Forges Ahead with Lavender Bay Scheme

Clare Burnett
2 Min
Mermaid Beach The Alfred Revised Da hero
Residential

Plans for Gold Coast Lifestyle Hub Spin-Off Upscaled

Phil Bartsch
2 Min
Affordable & Social Housing

Final Call for Affordable Housing Summit Registration

David Di Marco
2 Min
Infrastructure

Brisbane Games: 20 Put Up Hand to Build Olympic Heart

Lindsay Saunders
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/yuhu-expand-jewel-development-snapping-up-gold-coast-site