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$1bn development on the Gold Coast to create 2,500 local jobs


Posted by Monica Gameng

Approximately 2,500 local jobs will be created for the construction and operation of the $1 billion “Jewel” residential tower project located at Surfers Paradise on the Gold Coast.

“It’s delivering a major boost to the Gold Coast economy, with local residents and businesses the biggest winners.

“The project supports the local community by choosing local workers first, and supporting local suppliers wherever possible,” said Employment Minister Grace Grace.

Combined-Levels-Masterplan.jpgDevelopment masterplan (source: DBI Design)

According to Ms Grace, since the global financial crisis, this project is the first major development on the Gold Coast and is the first absolute beachfront development in the area in 30 years.

Jewel is designed by Gold Coast architect Barry Lee of DBI Design and is being built by Brookfield Multiplex.

Jewel-4-High.jpgArtist impression of the development (source: DBI Design)

“When complete, Jewel will be Australia’s largest hotel and residential complex – a massive vote of confidence in the Gold Coast and its economy.

“Local workers and jobseekers will benefit immensely as construction ramps up and the project builds towards completion in 2019,” Ms Grace said.

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Source: Queensland Government

Monica Gameng

Monica Gameng

As PlantMiner's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1000 posts. She truly is an industry expert. Monica's passion for educating and inspiring readers saw the PlantMiner blog recognised by Feedspot as one of the Best Australian Construction Blogs in 2018 and 2019. PlantMiner is Australia's largest online construction marketplace. Sign up as a vendor to find and engage with civil and commercial contractors across Australia. Alternatively, if you're looking for plant and equipment you can compare equipment and subcontractor quotes from vendors near you in just a few steps.