Following the recent launch of Victoria Towers in Southport – their maiden development on the Gold Coast – South Korean developer, City Plan Partners are waiting on Council approval for a 715 apartment, mixed use development in northern Surfers Paradise.

Having acquired the 1.1 hectare site from Raptis & City Pacific-linked company Cira International for $33m, CPP are hoping for approval for a pair of towers, 55 and 40 storeys each, as well as ground floor retail & dining space on the block bounded by Surfers Paradise Blvd, Ferny, Ocean & Pandanus Aves.

CPP Hope to launch the project late this year, and feel that with a recovering economy and few competitors currently on the market the project will be wll recieved.

City Plan Partners, a Korean development group have launched their vision for the old Southport RSL building on the corner of Scarborough and White Streets.

The 35-storey, $220 million tower will house 220 1, 2 & 3 bedroom apartments and – in an interesting twist – will be one of the nation’s first Over 50s strata titled apartment projects.  The building, dubbed ‘Victoria Towers’ will Incorporate a range of aged care and assisted living facilities as well as regular leisure features that are part of most new apartment buildings.

A builder has not been chosen as yet, however completion is expected by May 2011.