Leading international boutique hotel chain Mondrian is planning a five-star resort in the heart of Burleigh Heads on the Gold Coast.
The dual-tower development will be built on a 4,037sqm site on the corner of First Ave and The Esplanade.
Mondrian Gold Coast will feature two towers, one comprising 89 luxury residential apartments while the hotel will encompass 208 guestrooms.
The towers will be built on a three-level podium that acts as the building's common space, fitness centre, spa, restaurants and swimming pools.
The hotel will be Mondrian's first in Australia, although the brand's owners sbe Entertainment are not newcomers to the market, recently opening luxury bars the Hyde Paradiso lounge in Surfers Paradise and Hyde Perth.
Construction on the hotel is planned to begin in June next year with the opening slated for mid-2023.
The project will be a joint venture between Accor, which owns 50 per cent of sbe, and Brisbane-based group Vitale Projects which first lodged plans for the $350 million development in October last year.
Vitale Projects director Chris Vitale said it had been his long-term vision to develop a premier beachfront destination on the Gold Coast.
"sbe leads the industry in creating unique lifestyle hospitality experiences and this partnership allows us to bring the services, style and strengths of the Mondrian brand to guests and residents of our community, setting a whole new benchmark for service and hospitality on the Gold Coast."
Sbe chief operating officer Chadi Farhat said the opening of Mondrian Gold Coast was the next step in our strategic global expansion for the Mondrian brand.
Mondrian Gold Coast is one of nine new Mondrian properties that sbe plans to open globally by 2022, with six more to be announced. It follows the company's recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.
Business News Australia
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