Star Entertainment Group to build $310m worth hotel and apartment tower

The Star Entertainment Group is going to build a new hotel and an apartment tower at has The Star Gold Coast. The project is worth approximately AU$400m (US$310m).

The building is expected to be a new 63-story development which would offer services of internationally recognised five-star hotel brand.

The new property would be known as The Star Residences Gold Coast with 210 hotel rooms and 457 apartments and would serve as the fourth the South East Queensland resort.

As per Gambling Insider, Destination Gold Coast consortium chairman and The Star Entertainment Group chairman John O’Neill said: “While we continue to work through and manage the serious impacts of domestic and international border restrictions on our business and the industry more broadly, the decision to proceed with our second tower is part of our unwavering commitment to the Gold Coast.”

He added: “Our focus has never wavered. We are creating a world-class tourism, leisure, and entertainment destination that Gold Coast locals can be proud of, while working towards our vision of becoming Australia’s leading integrated resort company.”