Plans for a twin-tower development with 258 units next to the Sunshine Coast’s largest shopping centre have been lodged for assessment.
The proposal includes a mix of build-to-rent apartments and short-term accommodation in a complex that would stand more than 55m tall.
The application has been submitted over a 5157sqm site at 45-49 Plaza Parade, Maroochydore, opposite the Sunshine Plaza.
A development assessment report prepared by Project Urban on behalf of the applicant, Jilip Eleven Pty Ltd, says the proposed complex would support housing diversity and flexibility within the Maroochydore Principal Centre Zone.
“The planning framework for Maroochydore envisages a dense, diverse and vibrant urban core that delivers the highest order of retail, commercial, residential and community uses in a mixed-use format that supports public transport, active transport and long-term economic productivity,” it states.
“Despite this strategic designation, Maroochydore has not yet fully realised its intended role or functional capacity as a mature regional city centre … The proposed development at 45-49 Plaza Parade responds directly to this strategic planning trajectory.
“It seeks to deliver a high-quality mixed-use development that makes efficient use of a centrally located Principal Centre site, provides a substantial uplift in residential density, and contributes to the diversification of housing choice through the provision of build-to-rent and short-term accommodation alongside active ground-level commercial uses.”
The site, which has frontages to Plaza Parade and Southern Drive, is currently occupied by a single-storey commercial complex known as the Plaza Markets, which includes Flannerys health food store, a Snap Fitness gym and several eateries.
The proposed development comprises two residential towers above a multi-level podium that would include car parking, ground-level commercial uses and resident facilities such as a fitness studio, pools, spa, sauna, outdoor dining areas and landscaped communal spaces.
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The build-to-rent residential component would deliver 79 one-bedroom units, 98 two-bedroom units and 19 three-bedroom dual-key units, while the short-term accommodation would include 12 studio units, 23 one-bedroom units, 22 two-bedroom dual-key units and five three-bedroom dual-key units.
“All of the permanent-stay accommodation will be operated under a build-to-rent model, providing professionally managed long-term rental accommodation, while the balance will accommodate short-term stays consistent with the Principal Centre function of Maroochydore,” the report says.
The proposed development would reach about 55.8m, which exceeds the limits under the current Sunshine Coast Council planning scheme and triggers impact assessment. The podium along Plaza Parade would reach about 16.5m.
The total gross floor area of the development is about 25,789sqm, with about 825sqm of commercial space at ground level.
Vehicle access would be via Southern Drive, with 165 residential and 70 residential visitor and commercial car parking spaces provided within the podium.
ASIC documents indicate Jilip Eleven Pty Ltd is based in Victoria and directed by Dominic and Giuseppe Minnici and Antonio and Annunziato Pellicano, who are linked to the Pellicano development group.
The Pellicano website says it was established in 1967 and owns 180 properties, having completed $4.8 billion of developments across the industrial, retail, residential, hotels and commercial sectors.
The Pellicano group was contacted but declined to comment.
