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- #26
Hey Experimental, you may be interested in this. I was reading an article about the Southport CBD area the other day and it stated $2 billion worth of projects are about to kick off in the area. It specifically said 5000 apartments had been approved which is really interesting to me. My understanding is that the apartments will vary between 1-3 bedrooms but let's just say it adds an extra 12,000 people to the area. I'm not sure how many people currently live in the CBD area but I'm just going to guess the population will be something like 15,000 when those 5000 extra apartments are built. That equates to about 3% of the Gold Coast population all living within a 2 square kms of each other. Compare this to a major city like Melbourne that only has 0.006% of its population living in the CBD area and you get a bit of an idea of how important the Gold Coast CBD could be in the future. I don't think it'll be too long before the CBD area becomes its own suburb. But, of course, the important aspect of a CBD is to have more jobs in the area than any other part of the city. 41,000sq m of commercial and office space also being approved indicates the area is well on its way to achieving the goal of truly being the central business district.
Once the light rail is extended to the heavy rail we'll have two major CBDs connected to each by public transport and that can only be a good thing for both cities.
Once the light rail is extended to the heavy rail we'll have two major CBDs connected to each by public transport and that can only be a good thing for both cities.