Work on the city’s third and final Chinese gateway has officially begun dedicated on the back of a resurgence in retail leasing in the revitalised precinct at Southport.
Mayor Tate said the third, final and largest gateway planned for Gold Coast Chinatown will be a traditional Chinese style Wealth Paifang.
Designed in conjunction with our Chinese sister city it will stand 9 meters high and be over 14 meters wide and will be the main entrance and the third and final gateway as part of the Gold Coast Chinatown project focussed on Davenport and Young streets in the Gold Coast CBD.
Mayor Tate said he was delighted to see the transformation and growth in Gold Coast Chinatown.
“The area once had many empty shops. But Chinatown is evolving into a thriving destination for all things Asian and multicultural on the Gold Coast,” he said.
“The city’s work with revitalising the area through streetscaping, public art, decorative Chinese lanterns, a retail investment strategy, and regular events culminating in the 15,000-strong crowds at Chinese New Year has attracted many new businesses and faces.
“There has been a strong take-up in retail tenancies with 12 new businesses opening their doors in the last 6 months and some long term vacancies being leased.
“The $25 million refurbishment of Australia Fair Metro includes seven new dining and retails options, including five new restaurants fronting Young Street.”
Mayor Tate said the growth in Chinatown was a reflection of the growth of Chinese investment in Gold Coast.