The 16-storey tower at Labrador will be the third vertical village on the Gold Coast following Victoria Towers and The Henley on Broadwater in Southport.
Featuring 96 units, the village’s amenities will include a heated pool, gym, sauna, community lounge, media room, dining and bar facilities and consultancy rooms for visiting medical staff.
Located on the corner of Frank and Robert Streets, just metres from the Broadwater, the vertical concept will offer residents the convenience of being located in a popular beachside postcode with the benefit of access to care and health services in the community according to Aveo CEO Geoff Grady.
The approval follows the recent completion of Aveo’s 19-storey Newstead village in Brisbane, which Mr Grady labelled the retirement village of the future.
The Gold Coast is proving to be the hotspot for retirement developments. 12 have been submitted to Council since early 2017.
These include Japara’s $30 million, 105-bed aged care facility at Robina in Surfers Paradise; an 11-storey retirement village by Aura Holdings at Kirra; and a 94-unit village planned by Oak Tree for the site of the Gold Coast Italian Club which is adjacent to Sunland’s proposed $200 million The Lanes Shopping Centre and Lakes housing development.
