Cielo Group is planning another tower in Bilinga as the beachside Gold Coast Airport strip heats up.
Proposed is a 10-storey tower with 20 apartments and rooftop pool to replace two beach-shacks at 90-92 Pacific Parade, Bilinga.
Cielo had previously made an application fpr the 1012sq m site “albeit under the wrong entity name” so it was redrawn following discussions with City of Gold Coast Council.
The latest plans responded to concerns from the council on the previous application and added new renders by Z Architects.
It follows Cielo’s Bloom Bilinga project at 55 Golden Four Drive as well as a rising number of developments on the beachside strip.
These include seven-storey plans by a former Socceroo player and nine-storey plans by a strip club baron, which have both been approved.
The suburb will be part of the final Gold Coast Light Rail sections, which is currently progressing from Broadbeach South to Burleigh.
Within the light rail plans, the Queensland government identified Bilinga as a potential site for an aerotropolis as well as expanded retail and commercial opportunities near its station or stations.
▲ A render of tower proposed by Cielo Group with a lobby, surf store and beach washup on the ground level, and 20 apartments above. Image: Z Architects
The Gold Coast recorded the second largest population growth in Australia last year, pushing the property market to bursting.
CBRE forecasts planned new supply is incapable of meeting future demand for residential, office, industrial and retail property.
This will continue to impact property prices, including rent, which for a typical two-bedroom apartment has jumped 40 per cent since the start of the pandemic.
Article source: www.theurbandeveloper.com