May 28, 2026 – 5.00amDeveloper Azzura Investments has added nine storeys to an apartment tower it nearly halved in height a year ago, expanding the project as a stepping stone towards building the country’s tallest building on the Gold Coast.Azzura increased its planned Monarch Place tower in Southport to 30 storeys – closer to the initial 40-level building it cut in April last year to 21 storeys as costs and delay risks soared – after a $40 million saving from eliminating a planned basement, founder Roberto Badalotti said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Developer adds 9 storeys back to Gold Coast tower it cut
Azzura Investments cut this tower to 21 storeys last year. It’s now gone back up – and says this is a stepping stone to a giant building it is planning.
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