Major transitions in the state government’s priority development scheme will result in the construction of up to 4000 new apartments in the new $2.1 billion Maroochydore CBD.
The Queensland government has approved additions to the Maroochydore City Centre that would see a marked growth rate in residential dwellings from 2000 to 4000 apartments within the priority development area.
Maximum building heights have been escalated in areas to accommodate population growth, while developments will be required to adhere to design standards related to residents’ privacy and easy access to natural light.
Last month, the investment and development company Pro-Invest said that it planned to develop the first new hotel structure in the Sunshine Coast’s new town centre.
Sporting nine storeys and 167 rooms, the hotel will be a Holiday Inn brand establishment scheduled to mark its grand opening in late 2020.
And construction was set in motion last month on the town centre’s inaugural commercial building, the $30 million Foundation Place—designed by Cottee Parker and developed by Evans Long.
The creation of a new CBD was initiated in 2013, when the state government announced the Maroochydore City Centre as a PDA in 2013, preparing the precinct for infrastructure investment, economic development and the initiation of a new CBD.
The PDA sports a size of about 60 hectares, including council-owned land encompassing the site of the former Horton Park Golf Club and land in Dalton Drive, bought by the Sunshine Coast Council for $42 million in 2015.
The South East Queensland regional plan predicts the addition of 53,700 more dwellings required in Sunshine Coast urban areas by 2041.
Sunshine Coast Mayor Mark Jamieson said that the latest approval will help council meeting urban infill specified targets—thus enabling the growth of the city centre.