Aniko Group has lodged a development application for a $1.5 billion mixed use lifestyle and commercial project at Mermaid Beach.

The Gold Coast developer plans for the 1.1342ha site on the corner of the Gold Coast Highway and Seaside Avenue to be a destination precinct. Locals and visitors can live, work, and play in the heart of the city’s bustling central beachside suburbs.

Aniko Group plan to deliver four towers of 25, 30, 40 and 53 levels.  A mixed-use development comprising residential apartments, a luxury hotel, offices, and a food, beverage, and retail vicinity are also part of the plans.

Plus Architecture designed the four towers to feature 973 apartments featuring one to three bedrooms, as well as an exclusive collection of three-bedroom-plus-study sky homes, sub-penthouses and penthouses.

Apartments were designed to appeal to a broad range of buyers from sea changers, owner-occupier lifestyle seekers, downsizers, investors, and lock-and-leave holiday homeowners. The apartments range in size from 60sqm for one-bedroom apartments to more than 500sqm for penthouses.

Given the scale of the development, the proposed amenities will be extensive and more akin to an integrated resort. An expansive recreation podium will service all four towers, offering a lagoon pool, lap pool, sauna, steam room and gym. The recreation podium will also provide recreational amenities including a bowling alley, teen arcade, Treasure Island kids’ play area and a multi-use court with half-court basketball, volleyball and pickleball.

A residents’ lounge is planned to include work-from-home facilities, breakout seating areas and a dedicated firepit. The ground floor will offer fine dining that utilises more than 100 metres of waterfront presence facing Pacific Fair. More than 10,000sqm of commercial A-grade office space is also included, leveraging off the site’s prime position along the Gold Coast light rail while bolstering supply in a tightening Gold Coast office market.

Aniko Group plan to deliver the project in four purposely individual stages over the next six years.

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