Spirit (building)

Spirit, also known as Iluka, was a proposed residential skyscraper under construction on the Gold Coast in Queensland, Australia. Upon completion, it would have become the tallest building in Australia to roof, and the second tallest building overall (surpassed by the nearby Q1). The site was sold in March 2019 with only basement level work completed.[1]

Spirit
General information
StatusCancelled by Developer
Location3 Trickett Street, Surfers Paradise, Gold Coast, Australia
Groundbreaking2016
Estimated completionProject Cancelled
OpeningProject Cancelled
CostAUD$1.2 billion
Height
Roof297.8 m (977 ft)
Top floor284.6 m (934 ft)
Technical details
Floor count89, plus 6 underground
Design and construction
ArchitectDBI Design Pty Ltd
DeveloperForise Investments

Proposed in 2015, the project was developed by Forise Investments and designed by DBI Design Pty Ltd.[2] With a height of 297.8 metres (977 ft), Spirit was intended to become the third-tallest building in Australia overall, behind the nearby Q1, and by completion date the Australia 108 will come in as second, as well as the tallest building to roof, surpassing the Eureka Tower in Melbourne by 50 centimetres.[3]

Spirit would have consisted of 470 residential apartments, across 89 levels, and would have further included 6 basement levels.[4][5] The AUD$1.2 billion skyscraper received planning approval by the Gold Coast City Council in September 2015, with construction commencing at March 2016, and intended to finish by 2020.[6]

In March 2019, Forise sold the site for $50-60 million at an estimated loss of $50 million, as Forise purchased the former Iluka tower for $65 million and then spent approximately $40 million on initial work at the basement level.[1]

See also

References
  1. Potts, Andrew (5 March 2019). "Spirit supertower sale welcomed by Gold Coast kingpin Max Christmas". Gold Coast Bulletin. Retrieved 23 April 2019.
  2. Spirit – The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved 27 July 2016
  3. Potts, Andrew & Thomson, Alister. (28 September 2015). "88-storey tower to rise on former Iluka site as one of the Gold Coast’s tallest buildings". Gold Coast Bulletin. Retrieved 28 September 2015
  4. Cranston, Matthew. (28 September 2015). "China's Forise Holdings gets approval for $1.2b Gold Coast apartment tower". The Australian Financial Review. Retrieved 28 September 2015
  5. Tod, Quentin & Potts, Andrew. (23 July 2015). "88-storey tower to rise on former Iluka site as Gold Coast’s tallest building". Gold Coast Bulletin. Retrieved 28 September 2015
  6. Johnson, Shane. (28 September 2015). "City of Gold Coast grants approval for $1.2bn Surfers beachfront World Tower". Domain. Retrieved 28 September 2015


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