Melbourne-based developer Corcoris Group is planning to build a hotel, apartments and rooftop restaurant adjacent to the Gold Coast Turf Club.
If approved, the plans will see an empty triangular block on Racecourse Drive, Bundall turned into a six-storey mixed-use development designed by C&K Architecture.
This includes 109 units, 111 hotel-rooms, office space, retail, function facility and dining options across two buildings positioned in a “fan-like” shape.
There will be a rooftop restaurant atop the smaller building, along with four levels of hotel rooms and a ground-level lobby.
The outer building will have car parks and commercial use spaces on the ground floor with four levels of units above.
A centrally-placed wedge of communal space will connect the buildings and there are also plans for a track-side infinity swimming pool.
“The unique character of the equine precinct and expansive views over open flat terrain engage the new built form with its context and close proximity to the heart of the city and cultural precinct,” the development application states.
“The ability for the communal open space to adjoin large open spaces like the racecourse create a large borrowed park-like landscape for the residents, with a unique character of horses, jockeys and trainers.”
The 12,230sq m site was sold to NC & MJC Super Pty Ltd for $3.2 million in 2015 and sits inland from Surfers Paradise, in the Bundall equestrian precinct.
The planning process by Corcoris Group started in late 2019 with the development application on exhibition to the public until 6 November.
Meanwhile, the Gold Coast Turf Club has locked in funding for an all-weather synthetic track, in-field tunnel and refurbishment of other surfaces and lights.
Racing Infrastructure Fund, the Gold Coast Turf Club and Racing Queensland will fund the project which is expected to start after the 2021 Magic Millions Carnival.