The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
ResidentialLindsay SaundersFri 16 Feb 24

Sherpa’s Reworked Palm Beach Block Gets Go-Ahead

Sherpa is acquisitive on the coast and won approval for its Palm Beach project Perspective Nexus earlier this year.

Gold-Coast-based developer Sherpa Property Group’s second iteration of its planned Palm Beach block has done the trick, winning approval for the project from the city council.

And the developer has signed on a builder for the nine-storey residential project with LPS Group winning the contract to build Perspective Nexus on a 1583sq m site at 949-953 Gold Coast Highway.

“Receiving development approval and having a reputable builder locked in and ready to go marks a significant milestone for Perspective Nexus, affirming its journey from vision to reality,” Sherpa Property Ground founder Christie Leet said.

“LPS Group shares the same ‘less is more’ approach that we take with our business.”

LPS is now building Pipis at Bilinga being developed by Siera and also on the southern Gold Coast, after completing Dibcorp’s Bide at Newstead in Brisbane’s inner north.

null
▲ The approved Palm Beach block was the second attempt for the site by Sherpa.

Perspective Nexus, designed by HAL Architects, comprises 32 apartments, including two half-floor penthouses and three so-called “sky homes” with their own private rooftops.

Communal amenities will include a dedicated wellness space including cold-plunge pool, sauna, magnesium pool and steam room with internal stairs to the residents’ recreational space, which includes a spa, pool, private dining and wellness garden.

The project will also have 79 carparks, electric-car-charging stations, individual apartment storage, car wash bay and parcel delivery storage, including cold store.

Sherpa filed new plans for the development after its original project was knocked back on appeal in August last year.

The Gold Coast City Council had approved a 14-storey tower for the site in 2022 but an appeal against that approval was upheld in the Planning and Environment Court.

The new plans were filed in October—the developer’s 12th project on the Glitter Strip.

1 of 4


Leet at the time said he had decided to take it as an opportunity to revisit the offering, rather than a setback, and a detailed design process was undertaken with HAL Architects.

Sherpa was edging towards a 50 per cent sellout of the Palm Beach block after securing contracts worth $48 million, the developer said.

Construction is planned to start in the first quarter of 2024 for completion in the third quarter of 2025.

ResidentialGold CoastAustraliaConstructionConstructionSector
AUTHOR
Lindsay Saunders
The Urban Developer - News Editor
More articles by this author
linkedin icon
ADVERTISEMENT
TOP STORIES
Darwin has sat dormant for a decade but the resource rich territory is “on the threshold” of a boom for resources and new cities. Weddel and Palmerston
Exclusive

NT Eyes Looming Boom as Planning Commissioner Bows Out

Renee McKeown
5 Min
Exclusive

Gold Coast’s Greatest Moments Yet to Come: Evan Raptis

Phil Bartsch
7 Min
MODEL founder Rory Hunter HERO
Exclusive

‘It’s Massive’: On Mission to Prove BtR Green Equals Gold

Leon Della Bosca
8 Min
Potts Point Coliving EDM
Exclusive

Co-Living Shrugs Off Stigma as Overseas Money Moves In

Clare Burnett
6 Min
Bankstown cbd in Sydney NSW EDM
Exclusive

Breaking Delivery Crisis Chokehold on NSW’s Biggest Housing Market

Vanessa Croll
7 Min
View All >
Darwin has sat dormant for a decade but the resource rich territory is “on the threshold” of a boom for resources and new cities. Weddel and Palmerston
Exclusive

NT Eyes Looming Boom as Planning Commissioner Bows Out

Renee McKeown
Paradiso Place Surfers Paradise hero
Residential

Surfers Paradise $1bn Triple-Tower Project Feasibility Juggle

Phil Bartsch
East Walker St Aland EDM
Residential

Aland Scoops Up $240m North Sydney ‘Dream’ Site

Clare Burnett
A trio of development heavy-hitters this year won approval for two towers up to 30 storeys on the site…
LATEST
Darwin has sat dormant for a decade but the resource rich territory is “on the threshold” of a boom for resources and new cities. Weddel and Palmerston
Exclusive

NT Eyes Looming Boom as Planning Commissioner Bows Out

Renee McKeown
5 Min
Paradiso Place Surfers Paradise hero
Residential

Surfers Paradise $1bn Triple-Tower Project Feasibility Juggle

Phil Bartsch
4 Min
East Walker St Aland EDM
Residential

Aland Scoops Up $240m North Sydney ‘Dream’ Site

Clare Burnett
3 Min
Kemps Creek Penrith EDM
Industrial

Frasers $281m Penrith Warehouse Precinct Greenlit

Clare Burnett
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/sherpa-palm-beach-gold-coast-approval-builder