It was in March that one of the pioneers of private aged care under retirement living legislation revealed he had bought a 4639sqm vacant holding at Marina Quays Boulevard, Hope Island, on Qld’s Gold Coast.
Now Odyssey Lifestyle Care Communities has submitted plans to Gold Coast City Council for a dual-tower vertical retirement village sitting atop a three-storey podium and reaching 14 storeys.
It will be a private aged care retirement village.
There will be a mix of 208 one, two and three-bedroom independent living units occupying levels 4 to 14, including eight penthouses on the top floors.
23 aged care suites for residents requiring a higher level of care will be on level 2. Ancillary healthcare services to deliver specialist support/care also would be available to all residents.
Multiplex is in the process of building a $127 million 19-storey tower with 127 apartments on nearby Chevron Island for Odyssey Lifestyle Care Communities. In mid 2020 Phil opened his first venture at Robina, Gold Coast.
O’Neill Architecture has designed the Hope Island project, which also features 2855sqm of communal open space across the ground floor and level 3, including a dining room serviced by a commercial kitchen, outdoor terraces, pool, lounge areas, putting green and virtual golf room, meeting rooms and other activity rooms. One level of basement parking for 94 vehicles is planned across the development.
Property records indicate the site was sold by Stockland for $7.7 million in a transaction settled in February to an entity linked with Justin Laboo’s Catalyst Health REIT and venture capitalist Mark Carnegie’s MH Carnegie & Co.
Stockland bought the land in 2017, acquiring it for $13.5 million from administrators of Fish Developments. It then developed a $60-million townhouse project along its 180m north-facing frontage to Hope Island canal, surrounding the vacant site.
In November last year, two months after lodging plans for a twin-tower residential development of 122 units, Stockland offered the remaining land for sale.
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