Abedians Plot $580m Broadbeach Skyscraper

Three towers in almost as many days—the House of Abedian is back.

The development dynasty that has shaped the Gold Coast’s skyline for 40 years is showing no signs of stopping since the strategic wind down and ASX de-listing of Sunland.

Abedian & Co, the family’s private development company, has filed plans for three towers within the past week.

The latest proposal is for a “curvaceous” $580-million, 115-apartment highrise soaring 47 storeys at Broadbeach.

It follows the lodgement of revised plans for its Greenmount Beach Resort site at Coolangatta, with two eight-storey towers replacing a 16-storey single-tower scheme.

In a recent exclusive interview with The Urban Developer, former Sunland boss Soheil Abedian revealed the family’s growing $2.2-billion pipeline of towers.

The Broadbeach tower is earmarked for an amalgamated 2024sq m site at 14-20 Mary Avenue, opposite the Broadbeach State School and one block back from the beach.

Designed by BDA Architecture, it features a sculptural facade of concave and convex curves with its lower levels shrouded in a sweeping champagne-tinted screen.

“The overall design of the tower is fluid and flowing and incorporates fine grain materials with luscious landscaping to create a tower that will be an elegant addition to the Broadbeach skyline,” a design statement said.

“The tower form when viewed from all angles is sculptural and simplistic, yet dynamic as it almost changes appearance based on the time of day, the depth of shadows and time of year.

“Through the composition of the building’s forms, external massing and materiality, as well as the flow of its spaces, the intention is to enhance and create an identifiable tower.”

▲ A render of Abedian & Co's proposed 47-storey residential tower at Mary Avenue, Broadbeach.

According to the documents, a mix of mostly two, three and four-bedroom apartments would be spread across the 42 residential levels above its podium and basement levels.

“The apartments provided are large liveable apartments that can cater for families,” the application said.

As well, seven full-floor, five-bedroom “sky homes” would occupy levels 16, 27, 38 and the top four storeys, 44 to 47—breaking up the tower’s form into four sections with their recessed edges and cascading landscape.

Two communal recreational floors would span a combined 2027sq m on levels 4 and 5 with facilities including a 25m cantilevered lap pool, indoor and outdoor spas, barbecue areas, a wellness centre with a gym, yoga and treatment rooms, as well as a steam room and sauna.

The upper level would also feature a residents club room/library and lounge, private dining space with a separate kitchen, meeting room with work-from-home capabilities and a theatre.

On the ground floor, surfboard storage and a communal shower would also be integrated into the tower's amenities.

▲ Renders of Abedian & Co's proposed 47-storey residential tower at Mary Avenue, Broadbeach.

Parking for 266 resident and 12 visitor cars and 56 bicycles is planned within the podium, ground and four basement levels.

Pending approval, construction is pencilled to begin on the Mary Avenue development in early 2026.

The amalgamated holdings at 14-18 and 20 Mary Avenue were offloaded by Sydney-based Bassar Group and Melbourne-based Little Projects, respectively, after they shelved tower projects greenlit for the sites.

Property records show the neighbouring parcels were acquired in February and March for a combined $37.6 million.

The site is just two streets north of one of Sunland’s swansong projects, the 44-storey 272 Hedges Avenue tower. The Gold Coast-based development group founded in 1983 was de-listed from the ASX on October 30 last year.

Abedian & Co is led by former Sunland father-and-son team Soheil and Sahba Abedian, who have merged their property assets.

Construction is already under way on the family’s first post-Sunland development—a 36-storey tower comprising about 100 apartments—on a nearby 1620sq m site at 35-41 Peerless Avenue, Mermaid Beach. It is due for completion in mid-2027.

Meanwhile, it is also running the rule over no less than eight other Gold Coast development sites for future highrise apartment projects.