Brookfield Multiplex wins $1b Jewel resort project
Congratulations to Brookfield Multiplex for winning the Jewel resort project on the Gold Coast. This architectural icon in the making will be funded by Dalian Wanda group, owned by China's richest man Wang Jianlin, and its joint venture partner Ridong. Brookfield Multiplex compete with two other consortiums - Grocon with China State Construction No.8 and CIMIC with China State Construction No.1.
"Jewel really is a game-changer and has attracted an unprecedented level of interest within the construction industry," - Weimin Xu, Wanda Ridong's Gold Coast development managing director
Project details:
Location: The Jewel will be built on Old Burleigh Road, Broadbeach
The three-tower, development will comprise of:
- A three-level podium
- A six-star hotel - 171 suits and 512 one, two and three bedroom luxury apartments
- Resort style swimming pools
- Private bars
- Casual and fine-dining restaurants
- Parking for 816 cars
Brookfield Multiplex regional managing director for Queensland, Rod McDonald, is thrilled about winning this project. The addition of the Jewel resort is a welcomed addition to Brookfield Multiplex's Gold Coast and Queensland projects list, where it currently has nine major developments on the go.
"Jewel will transform the skyline and beach front of the Gold Coast and deliver a welcome boost for the local economy," - Rod McDonald, Brookfield Multiplex regional managing director for Qld.
The Jewel is viewed by investors as a development set to stand apart from every other on the Gold Coast -and something that will hold its value. With such high levels of competition to be involved in this landmark project, it's said to be a symbol of the Gold Coast's property market recovery.
With the project awarded to Brookfield Multiplex by Wanda Ridong, they'll be in planning stages and looking to line up their suppliers. Get involved in this iconic development - ensure you're ready by checking out our infograph on how to increase your chances of winning hire work.
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