Jupiters resort owners Star to build $500 million new sports bar and hotelAn artist concept of the proposed 'sports theatre' and hotel towers at Jupiters casino. Photo: Star Entertainment Group

Jupiters resort owners Star to build $500 million new sports bar and hotel

Tony Moore

More than $500 million will be spent building a 200-metre high 4.5-star hotel and sports bar at Jupiters casino, soon to become the Star Gold Coast, at Broadbeach on the Gold Coast.

Star Entertainment Group said the company had proposed to build the 200-metre high hotel tower on the “ocean-side” of the casino property.

The 700-room hotel would include hotel rooms and apartments, meaning there would be about 1400 rooms at the Star Casino site on the Gold Coast.

The “sports theatre” is proposed to have large screens where big sports events from around the world will be screened.

The $505 million Gold Coast works is part of a three-city push by the Star Entertainment Group – with its business partners Hong Kong-based Chow Tai Fook Enterprises and the Far East Consortium in Brisbane, the Gold Coast and Sydney, Star managing director and chief executive Matt Bekier said.

“We want to be Australia’s leading integrated resorts operator and our plans for the Gold Coast are a significant part of that vision,” he said.

“Our commitment to the Gold Coast is unambiguous.

“We are already well advanced on transforming the property through the hotel refurbishment and new restaurants, and later this year when we rebrand to the Star Gold Coast, the new six-star all-suite tower will be rising out of the ground.”

About 1000 construction jobs could be created on the Gold Coast, the company said.

Queensland Premier Annastacia Palaszczuk said the announcement showed the government was correct to back the Gold Coast light rail project and adding extra flights to the Gold Coast.

“Over the last 12 months, we have attracted more than 40,000 additional seats on international flights directly into the Gold Coast. More flights mean more nights’ accommodation in hotels, more economic activity for small businesses and more jobs on the Gold Coast,” she said.

The sports bar would also be a live entertainment venue, Star Entertainment Group said on Friday.

“The sports theatre concept will be designed to appeal to both local and visiting sports enthusiasts,” the company said.

“The attraction would provide a unique offering of live entertainment and ‘event activations’, with screens broadcasting sports from around the world, and an array of food and beverage options.”

The existing Jupiters hotel is undergoing a full makeover of its almost 600 rooms, while a new six-star, 17-storey hotel tower, with more than 50 luxury suites, is being built.

Star estimates the cost of the new work on the Broadbeach site “has the potential” to reach about $850 million, with $345 already being spent on the facelift of the existing Jupiter’s hotel and the new 17-story hotel now being built.

The three companies put together the Destination Brisbane Consortium which won the contract in 2015 to build the $3 billion new entertainment and casino complex in Brisbane by 2022.

In Sydney, $500 million will be spent to build a new Ritz Carlton Hotel and extend some of Star’s existing properties.

Star Entertainment Group’s Queensland managing director Queensland, Geoff Hogg, said the Gold Coast expansion plans were tied to growth the company predicts from the Commonwealth Games.

“For this development, we are not asking for additional land. The proposed development would be contained entirely on the island we occupy. We will also continue to engage and consult with stakeholders and the Queensland government.”

Chow Tai Fook Enterprises chief executive Patrick Tsang and Far Eastern Consortium managing director Chris Hoong said the Gold Coast expansion was important for the expanding Asian tourist market.

“Economic growth in China and the burgeoning affluent middle-class demographic has opened the doors of opportunity for Australia,” Mr Hoong said.

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