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More Apartments Approved in Sunshine Coast’s New CBD

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New changes to the state government’s priority development scheme will see the delivery of up to 4000 new apartments in the new $2.1 billion Maroochydore CBD.

The Queensland government has approved changes to the Maroochydore City Centre that would see an increase in residential dwellings from 2000 to 4000 apartments within the priority development area.

Maximum building heights have been increased in areas to accommodate growth, while development will also need to meet design requirements relating to residential privacy and natural light access.

Related: Stockland Sells 50pc Interest In Sunshine Coast Estate to CPG

Maroochydore CBD
Plans for Maroochydore CBD


Last month investment and development company Pro-Invest announced it would develop the first new hotel in the Sunshine Coast's new town centre.

The nine-storey, 167 room hotel will operate under the Holiday Inn brand, and is scheduled to open late 2020.

Construction kicked off on the first commercial building, the $30 million Cottee Parker-designed Foundation Place, by local developer Evans Long last month.

The new CBD builds on state government announcing the Maroochydore City Centre as a PDA in 2013, priming the precinct for infrastructure investment, economic development and the creation of a new CBD.

The PDA spans approximately 60 hectares, covering council owned land including the site of the former Horton Park Golf Club and land in Dalton Drive, purchased by the Sunshine Coast Council for $42 million in 2015.

The South East Queensland regional plan forecasts an additional 53,700 dwellings needed within Sunshine Coast urban areas by 2041.

Sunshine Coast Mayor Mark Jamieson said the latest approval will assist council meeting urban infill targets.

“Maroochydore is ideally placed to deliver more apartment living options for the region, and these changes will enable the city centre to grow.”

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Article originally posted at: https://theurbandeveloper.com/articles/2000-apartments-approved-in-sunshine-coasts-new-cbd