Thakral’s $800m Budds Beach Project Approved

A twin-tower mixed use development has been given the green light for the 1.18 hectare site bordered by Ferny, Oak, Palm & Norfolk Avenues, in Budds Beach, Surfers Paradise – alongside the proposed light rail link.

The approved plans, designed by international architecture firm KPF, comprise of a 30 & 53 storey tower, incorporating 238 hotel suites and 327 apartments, as well as an open piazza with commercial, dining and retail space.

At this stage, no time-frame has been put forward for the development – nor have Thakral announced which hotel operators it is considering to manage the property.

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