The Star Entertainment Group is an ASX 100 listed company that owns and operates The Star Sydney, The Star Gold Coast and Treasury Brisbane. The Star Entertainment Group has also acquired the Sheraton Grand Mirage on the Gold Coast in a joint venture and manages the Gold Coast Convention and Exhibition Centre on behalf of the Queensland Government.
The Star Entertainment Group is committed to optimising its properties, supporting the communities in which we operate, and capitalising on the opportunities presented by our world-class locations in Sydney, Brisbane and Gold Coast. The Star Entertainment Group’s vision, to become Australia’s leading integrated resort company, is underpinned by multi-billion-dollar transformational projects planned or in progress across its properties.
The Theatre is one of the biggest multi-functional theatres, with a mechanical thrust stage allowing for up to 2,150 people (seated and standing). With the ability to alter the size of the stage, the intimate venue is able to take on different configurations, transforming to suit a wide variety different concert and stage. The ASX-listed group said the shutdown of its casinos in Sydney, the Gold Coast and Brisbane would have a material impact and was taking steps to preserve its liquidity. The Star Casino operator, Star Entertainment, said it will stand down nine in 10 workers.
The Star Entertainment Group and its joint venture partners Chow Tai Fook Enterprises and Far East Consortium are developing the $3.6 billion Queen’s Wharf Brisbane project. Expected to open in 2022, Queen’s Wharf will deliver transformational impacts on Queensland jobs, training and tourism, both domestic and international.
The Star Gold Coast has undergone an extraordinary $850 million transformation since 2014 including the opening of all-suit luxury hotel The Darling, redeveloped the 5-star The Star Grand and current construction of the internationally-acclaimed Dorsett hotel and apartments tower, which is expected to open in 2022. On 2 November 2018, the Queensland Government approved The Star Gold Coast’s expanded $2 billion-plus master plan. If fully delivered, the master plan will add four additional hotel and apartment towers, including world-class resort and entertainment facilities, new dining precincts, a luxury day spa and wellness centre and tropical recreation areas.
In Sydney, The Star Entertainment Group submitted a response to the New South Wales Government’s draft Pyrmont Peninsula Place Strategy, which outlines a potential investment of around $1 billion. The submission includes two luxury hotels in two new towers at The Star Sydney. One tower would feature a six-star luxury hotel with a signature restaurant, other dining and bar options and world-class resort amenities. The other tower would showcase a hotel a new retail precinct, additional food and beverage offerings and apartments.
“Jupiters” opened in 1985 and grew into an iconic tourism and entertainment destination. However, in 2014 a stunning transformation began taking the Broadbeach property to new heights with the redeveloped 5-star The Star Grand and the all-suite luxury hotel The Darling.
In 2022, we welcome the internationally-acclaimed Dorsett brand to Australia, with a new 4.5-star hotel and apartment tower (currently under construction).
But the transformation is only starting. We have full state government approvals for a further $2 billion-plus masterplan which if delivered in full will add another four hotel and apartment towers, including world-class resort and entertainment facilities, new dining precincts, a luxury day spa and wellness centre and tropical recreation areas.
We’ve also acquired the Sheraton Grand Mirage Resort in Main Beach, with a view to taking this iconic property back to its glamourous heyday, and potentially providing additional tourism assets at the property.