King Tide to Go Into Council Shortly
It is believed that City Pacific Ltd will soon lodge plans with Council for the development on the King Tide site on Broadbeach Boulevard.
Given that Council recently rejected APG’s plans for a 27 storey building at the northern end of the block (knocking it down to 20 storeys), it will be interesting to see exactly what City Pacific ask for and – more importantly – receive. The ‘Talisman’ building, next door to the King Tide site, is 25 storeys high, although the current town plan limits developments to 20.
Given the position of the building, and current market trends, it is likely that the new development will be a high-end residential-only building (much like the nearby ‘Waterline’ building), although at this stage, all we have to go on are rumours.
Tags: Broadbeach, City Pacific Ltd, Future Development, gold coast, King Tide Redevelopment, news, property, Rumours
