Triguboff ups the ante on the Gold Coast with $600m twin-tower project
Sydney-based apartment king Harry Triguboff has upped the ante on the Gold Coast with plans for a second mega development on the Surfers Paradise foreshore, this time a twin-tower project.
As Triguboff’s Meriton group edges closer to completing the largest and most expensive tower it has ever built on the Gold Coast, the 76-storey Ocean, the company is ramping up plans for a $600 million twin-tower development for a site bought earlier this year from Singapore developer Banyan Tree.
Meriton has lodged plans with the City of Gold Coast to deliver 637 apartments to a market that a recent Urbis report described as undersupplied. However, half of them will likely be rentals.
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