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Grocon’s application for development of the village has been approved, marking a major milestone for Gold Coast workers and their families.
Parklands will be redeveloped into a mixed-use precinct and integrated with the existing Gold Coast Health and Knowledge Precinct.
“This approval for the Parklands redevelopment is an important next step in delivering a project worth an estimated $500 million to the Gold Coast,” says deputy premier Jeff Seeney.
“The 2018 Commonwealth Games will provide a huge boost construction and tourism on the Gold Coast, as well as lasting legacies for the city.”
A number of stakeholders have backed the redevelopment, including City of Gold Coast Council, Economic Development Queensland and the Queensland Government Architect.
Grocon CEO Carolyn Viney says the Parklands site will undergo a major transformation from the beginning of next year.
“The Village is world-class design and will see a highly-desirable lifestyle and supporting infrastructure built for a vibrant new community on the Gold Coast,” says Viney.
“The project will include 1200 permanent apartments and townhouses across 30 buildings ranging up to nine levels in height.
“The development will also include a neighbourhood retail centre, village heart and active main street, plus a seven-hectare park as the main recreational feature of the precinct.”
Parklands stretches across 29-hectares, with the Village expected to take up seven hectares of this space, and an additional seven hectares will be dedicated to parks and open space.
The Village is the largest piece of infrastructure for the 2018 Commonwealth Games.
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