Brookfield Multiplex has won the tender to contruct the new $150 million residential tower being developed by the Anthony Moreton Group and Pryde Group at Broadbeach on the Gold Coast, according to The Australian.
The tender to build The Beach Apartments Broadbeach, is estimated to be worth $70 million.
The 35-storey The Beach apartments, which was released before Christmas 2014, will feature a variety of facilities including a podium level outdoor pool and barbeque, zengarden, residents' lounge, gymnasium and ground floor retail.
According to The Australian, Brookfield Multiplex regional manager Rod McDonald said the Gold Coast was a “major part” of its focus.
“The extent of development activity taking place at present leads us to think this will continue into the future,” he said.
The Beach Apartments Broadbeach is Brookfield Multiplex's first development on the Gold Coast since the completion of the Hilton Surfers Paradise in 2011.