Plans lodged for luxury Rainbow Bay tower

The Urban Developer:  Plans have been lodged for a $100-million-plus apartment tower at the southern Gold Coast’s Rainbow Bay, where a seemingly endless summer of development activity has been running hot since the beginning of the year.

Earmarked to rise from a 1924sqm amalgamated site at 44-50 Eden Avenue—behind Greenmount headland—the 12-storey development will comprise 94 apartments, including three ground-level “town homes”, topped by a rooftop communal area with infinity pool.

The proposal has been filed with the Gold Coast City Council on behalf of an entity understood to be linked to Chapter Two’ Oliver Bagheri and Jon Quayle.

Three existing houses and a block of flats will make way for the Eden Avenue development.

The Plus Architecture design is aimed at “providing a vibrant and contemporary residential apartment building that will reflect the iconic coastal location”, according to the planning report filed with council.

“The design embraces the Gold Coast’s subtropical climate and lifestyle, with generous cross ventilation, shade and recesses in the building form, living areas flowing out to large balconies,” it said.

The distinctive and “visually interesting” façade —with its deep recesses and large open balconies oriented towards the ocean and Tweed River—“positively contributes to the Coolangatta skyline”, the town planning report said.

According to the plans, the communal rooftop area spanning about 970sqm features an infinity pool, barbeque area, gym, sauna/steam rooms, function room and outdoor lounge areas.

Research showing the southern Gold Coast accounted for 43 per cent of the city’s apartment sales in the March quarter heralded the area as one of Australia’s hottest coastal markets.