KOREANS CONFIDENT

Written on the 12 April 2011

KOREANS CONFIDENT

KOREAN developer City Plan Partners (CPP) remains confident that a proposed $700 million twin tower in Surfers Paradise will be viable.

The towers will be undertaken in a joint-venture with Hyundai Amco on a prime development parcel in Surfers Paradise north of QT Gold Coast.

Headed by directors James John (right), Anthony Kim (left) and Carl Lee, CPP secured Gold Coast City Council approval for the 715-apartment twin tower high-rise in December 2009.

“We are delighted to be partnering with Hyundai Amco which is a strong company affiliated to one of Korea’s largest group of companies in the Hyundai Motor Group,” says John.

“This new partnership gives us an opportunity to deliver this project to the market earlier than we anticipated and we are looking forward to working through our design plans with the view of launching in the coming months.”

City Plan Partners are the developers behind the $220 million Victoria Towers at Southport.


Latest News

IF YOU LOSE YOUR MOJO, YOU LOSE YOUR BUSINESS: GLEN RICHARDS

HE'S one of the "sharks" on the hit show Shark Tank and Dr Glen Richards deals with startups and sca...

MEET THE MELBOURNE ACCELERATOR PROGRAM BUILDING THE FUTURE OF CYBER SECURITY STARTUPS

IN the wake of the WannaCry ransomware attack, companies are more often considering how personal data is protected...

FURNITURE RENTAL GROUP TO PAY $100,000 TO VULNERABLE REGIONAL CUSTOMERS

WHITE goods and furniture rental company, The Rental Guys, will refund regional customers $100,000 after the Austr...

MYER SHARES TUMBLE AS PROFITS HIT HARD BY RETAIL FAILURES

MYER'S (ASX: MYR) full year profit will be largely wiped out because of weak trading conditions and the strugg...

Related News

IF YOU LOSE YOUR MOJO, YOU LOSE YOUR BUSINESS: GLEN RICHARDS

HE'S one of the "sharks" on the hit show Shark Tank and Dr Glen Richards deals with startups and sca...

FURNITURE RENTAL GROUP TO PAY $100,000 TO VULNERABLE REGIONAL CUSTOMERS

WHITE goods and furniture rental company, The Rental Guys, will refund regional customers $100,000 after the Austr...

MYER SHARES TUMBLE AS PROFITS HIT HARD BY RETAIL FAILURES

MYER'S (ASX: MYR) full year profit will be largely wiped out because of weak trading conditions and the strugg...

BELLAMY'S SHARES TANK AFTER TRADING HALT IS LIFTED

SHARES in infant formula maker Bellamy's Australia (ASX: BAL) plummeted 11 per cent in early trade on Thursday...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter