THE PROPERTY DEVELOPMENT REVIEW
Plans for a new, $480 million dollar avant-garde lifestyle precinct at Main Beach on the Gold Coast have been unveiled by two leading Melbourne developers, Pelligra Group and Giannarelli Group.
The world class development will include a six star branded hotel, floating beach club, high end retail including over 5000sqm of food and beverage and a white glove super yacht marina. There will also be a luxurious day spa and well-being centre. Located on the Mariners Cove Marina and Retail centre, and spanning approximately 105 metres along the broadwater between Marina Mirage and the Southport Yacht Club, the prime landholding comprises over 4ha of land and seabed combined. This will have the capacity to house around 70 luxury super yachts, each one up to 45 metres in length. Passengers will be given full access to the adjoining six star hotel facilities, with Rolls Royce golf buggies to shuttle passengers to and from their yachts. The marina will also include the already established helipad for guests arriving to and from domestic and international airports and a high grade fuel station that will accept vessels up to 65 metres in length. On land, the concept is equally impressive. There are plans for a 600 space carpark and a 170 room hotel by a globally renowned six star hotel brand, whose identity at this stage remains commercial in confidence. The hotel’s offering will include an exclusive stunning 40 metre rooftop infinity pool for hotel guests only which will run to the water’s edge, a 2000sqm rooftop event space and a 900sqm ballroom. Talks are currently underway with several of Australia’s leading restaurant groups who will headline the precinct’s expansive food and beverage offering most of which enjoys frontage to the water and the floating beach club. First details of this ground breaking development are now being released by the Melbourne-based duo,
following the recent acquisition of the Mariners Cove site in an off-market transaction. In jointly unveiling the project, Pelligra Group Chairman, Ross Pelligra and Giannarelli Group Director, Dion Giannarelli, revealed that significant resources had been dedicated to ensuring that Mariners Cove would contribute strongly to the future of the Gold Coast, both as a tourism drawcard and a central place for locals to gather and enjoy. “We are exceptionally excited to embark on this joint venture,” said Mr Pelligra. “High-end developments like this, not only draw in more tourism, but also provide jobs and fuel the economy overall, making the Gold Coast an exceptionally appealing place for both work and play.” Mr. Giannarelli added that he was extremely excited to be part of what he sees as ’the spectacular rise of the Gold Coast’ Mr. Pelligra further stated “The Gold Coast has always held appeal, but now, with Queensland experiencing its biggest population boom in 16 years, the quality of development and investment is taking on a whole new energy, especially in and around Main Beach. We believe our project is going to be the final string in the bow and will make a mark on the Gold Coast as one of the greatest luxury destinations in the world.” Mr Pelligra and Mr Giannarelli will submit their development plan to Gold Coast City Council this year and are confident that it will be well received.
The grand opening of the complex is anticipated to be in Spring 2025.
April / May 2022 – 17
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