Approximately 2,500 local jobs will be created for the construction and operation of the $1 billion “Jewel” residential tower project located at Surfers Paradise on the Gold Coast.
“It’s delivering a major boost to the Gold Coast economy, with local residents and businesses the biggest winners.
“The project supports the local community by choosing local workers first, and supporting local suppliers wherever possible,” said Employment Minister Grace Grace.
Development masterplan (source: DBI Design)
According to Ms Grace, since the global financial crisis, this project is the first major development on the Gold Coast and is the first absolute beachfront development in the area in 30 years.
Jewel is designed by Gold Coast architect Barry Lee of DBI Design and is being built by Brookfield Multiplex.
Artist impression of the development (source: DBI Design)
“When complete, Jewel will be Australia’s largest hotel and residential complex – a massive vote of confidence in the Gold Coast and its economy.
“Local workers and jobseekers will benefit immensely as construction ramps up and the project builds towards completion in 2019,” Ms Grace said.
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Source: Queensland Government
Construction is now underway on the first package of works for the $1 billion M1 Pacific Motorway Upgrade from Varsity Lakes to Tugun (VL2T) in the Gold Coast. This follows the appointment of Seymour Whyte Constructions as the preferred builder for this project in March 2020.
The Star Entertainment Group, together with its partners, is set to expand its The Star Gold Coast operations, with the Queensland Government giving its approval for a $2 billion masterplan that will transform the precinct.
Queensland’s independent Coordinator-General has declared Australian Future Energy Pty Ltd’s (AFE) proposed $1 billion Gladstone Energy and Ammonia Project a coordinated project. This billion dollar project is going to be located in the Gladstone State Development Area (SDA) and it is expected to generate up to 1,000 jobs for the region.
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