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	<title>Gold Coast Real Estate Report &#187; Gold Coast Real Estate Report</title>
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	<description>All the latest facts, figures and rumours of the Gold Coast Property Market</description>
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		<title>Azzura Unveil $1.6bn, 2.5 Hectare Resort</title>
		<link>http://www.gcrer.com.au/2008/01/24/azzura-unveil-16bn-25-hectare-resort/</link>
		<comments>http://www.gcrer.com.au/2008/01/24/azzura-unveil-16bn-25-hectare-resort/#comments</comments>
		<pubDate>Thu, 24 Jan 2008 00:26:08 +0000</pubDate>
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				<category><![CDATA[Azzura]]></category>
		<category><![CDATA[Future Development]]></category>
		<category><![CDATA[Ongoing Development]]></category>
		<category><![CDATA[Pacific Resort]]></category>
		<category><![CDATA[Surfers Paradise]]></category>
		<category><![CDATA[gold coast]]></category>
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		<category><![CDATA[property]]></category>
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		<description><![CDATA[Promoted as &#8220;The first fully integrated themed entertainment resort destination of its kind in Australia&#8221; and consisting of three five-star and one six-star hotel, 1500 apartments, 10,000 sqm of water, restaurants, bars, retail, a slew of family-oriented features and architecture from all corners of the Mediterranean, Azzura Corporation&#8217;s &#8216;Pacific Resort&#8217; is reportedly the largest development [...]]]></description>
			<content:encoded><![CDATA[<p>Promoted as &#8220;The first fully integrated themed entertainment resort destination of its kind in Australia&#8221; and consisting of three five-star and one six-star hotel, 1500 apartments, 10,000 sqm of water, restaurants, bars, retail, a slew of family-oriented features and architecture from all corners of the Mediterranean, Azzura Corporation&#8217;s &#8216;Pacific Resort&#8217; is reportedly the largest development of its type ever undertaken in Australia.  The development will be a joint venture between City Pacific&#8217;s CP1 and family company Azzura, who will be responsible for the design and construction.</p>
<p>The development will comprise of four residential towers, ranging from 29 to 60 storeys, but it is the centrepiece that Azzura believe will make Pacific Resort truly unique.  To emphasise the family-oriented nature of the development, the heart of the resort will be a huge water park, consisting of 10,000 square metres of water and, among other things, a pirate ship, play castle, water slides and massive movie screen.  Surrounding this central area will be four differently themed areas, each taking architectural cues from the Mediterranean coast.</p>
<p>Throughout the Greek, Turkish, Spanish and Italian precincts, Azzura plan to incorporate restaurants, bars, shopping boutiques, health spas and a kids club.  Situated in the Budd&#8217;s Beach area of Surfers Paradise and bordered by Ferny, Norfolk, Oak and Birt Avenues, the apartments will offer ocean, river and city views and still be within walking distance of downtown Surfers Paradise and the beach.</p>
<p>The first tower has just been launched, and is expected to be completed in around 2.5 years, with the subsequent three towers to follow in six-month intervals.  Initial pricing for the first tower ranges from around $7,500 to $9,500 per square metre and sales thus far have been quite strong.</p>
<p>If you would like further information on the project, please post a comment/question or email gcreradmin@gmail.com.</p>
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