Marina Mirage Mega Revamp Drifts Closer

Makris Group Makris Group Makris Group


The wind is back in the rooftop shade sails of the waterfront Marina Mirage retail and dining precinct on the Gold Coast with plans for its $500-million redevelopment finally moving forward.

The wind is back in the rooftop shade sails of the waterfront Marina Mirage retail and dining precinct on the Gold Coast with plans for its $500-million redevelopment finally moving forward.
Gold Coast City Council’s planning and environment committee this week recommended the proposal for approval.
It now must be taken to a full council meeting on December 4 to be ratified and given the green light.
Meanwhile, Makris Group—the asset’s longstanding owner founded by Adelaide-based billionaire Con Makris—says it is in the final negotiations with one of the world’s largest boutique hotel brands to deliver more than 110 resort rooms as part of the redevelopment.

It also says it is in early discussions with a top-tier contractor with a view to starting construction as soon as possible, pending the development’s approval.
Lodged with the council in February this year, the mega-facelift plans also include the addition of a third floor as well as a limited residential component of luxury apartments and villas overlooking the Gold Coast Broadwater.
Under the plans, new shine also would be given to the high-end, 1980s-built complex through “a selection of world-class restaurateurs carefully curated to further enhance the culinary offering”.
Well-being and rejuvenation is touted as a central theme of the mixed-use development’s revival, including a hand-picked selection of Australian retail boutiques.
The Main Beach asset’s landmark rooftop shade sails will be maintained but repositioned as part of the Elenberg Fraser-designed scheme, which includes the opening up its central courtyard.
Makris Group snapped up Marina Mirage for $52 million in a receiver’s sale in 2013 and a year later acquired The Oracle retail and office precinct at Broadbeach for $65 million.

“Marina Mirage is unique to Australia’s east coast and is the most prominent parcel of land on The Spit,” Makris Group executive chairman Con Makris said.
“Our proposed redevelopment embodies a long term and responsible strategy to deliver a sustainable asset that benefit present and future generations.”

According to Gold Coast-based Makris Group chief executive Jason Makris, the Marina Mirage transformation aims to be fully realised in 2027 well in advance of the 2032 Olympic Games.
He said the project aligns with the Queensland government’s The Spit Master Plan, which outlines a vision to revitalise the area into an ecological tourism, recreation and leisure destination.
“With state support, the Gold Coast is now well positioned to embrace our exciting, multifaceted world-class development,” Makris said.

The redevelopment would generate 500 direct jobs during construction and 460 direct and indirect jobs during the operational phase.
Construction of a 78-berth superyacht upgrade to the asset’s marina facility was recently completed and the approval recommendation for the long-awaited revamp of the complex comes as a new era of development beckons for The Spit.
Ground is soon expected to be broken on the $300-million Mantaray Marina and Residences project being developed by Tim Gordon’s Gordon Corporation and pub baron Bruce Mathieson. It will comprise a 67-berth superyacht marina with moorings for vessels up to 60m, a retail plaza, floating club lounge and 24 luxury apartments fronting the Broadwater.

The go-ahead also has been given to the $480-million, six-star Ritz Carlton hotel and superyacht marina development on the Mariners Cove site.
The new hotel will feature 150 guest rooms and suites as well as a signature restaurant, three bars, rooftop pool, ballroom and a large boardwalk. Melbourne-based developers Ross Pelligra and Dion Giannarelli are behind the project.

Article Source: The Urban Developer 
Development: Marina Mirage Redevelopment

similar NEWS

Makris Group


Marina Mirage Marina FINALIST- Innovation & Excellence Awards

Congratulations to the 2024 finalists who are now in the running for the national awards title. Marina Mirage Marina amongst the 12 Finalists for DEVELOPMENT INNOVATION.

Makris Group



Sink your teeth into 36 of the best in the business- the hottest openings of 2023.

Makris Group


WINNER- 2023 MIA Marina of the Year Awards

The industry’s best marinas and boatyards recognised at the Nautilus Marine Insurance Marina of the Year Awards Gala Dinner.


Privacy policy


Last updated: 1th June, 2023

Balgra Shopping Centre Management Pty Ltd  (ABN 92 065 966 654) T/A Makris Group respect the privacy and security of your Personal Information, as defined below, and comply with the requirements of the Australian Privacy Principles under the Privacy Act 1988 (Cth).



There are many aspects of the site which can be viewed without providing personal information, however, for access to future Makris Group Developments customer support features, you are required to submit personally identifiable information. This may include but not limited to a unique username and password or provide sensitive information in the recovery of your lost password.

By visiting our website, using any of our services or otherwise providing us with your Personal Information (or authorising it to be provided to us by someone else), you agree to your Personal Information being collected and handled as set out in this Privacy Policy. 


We may collect Personal Information either directly from you, or from third parties. We may collect this information when you deal with us over the telephone, send us correspondence (whether by letter or email), have contact with us in person, visit our websites or complete hard copy or online forms.    

Depending on the type of service you or our customers have requested, we may also seek to collect information about someone else from you (for example, contact details of your solicitor, emergency contact person or tenant). However, you must not provide us with Personal Information about another person unless you have clear consent from that person to do so, told them that their Personal Information will be handled in accordance with this Privacy Policy and directed them to where they can find it. 

Regardless of how it is collected, we handle Personal Information in accordance with this Privacy Policy. 


We take reasonable steps to protect any Personal Information that we hold from misuse, interference and loss and from unauthorised access, alteration and disclosure. For example, we implement IT security procedures including password protection, firewalls and site monitoring and we store your Personal Information on a secure server. 

However, data protection measures are never completely secure and, despite the measures we have put in place, we cannot guarantee the security of your Personal Information. You must take care to protect your Personal Information (for example, by protecting any usernames and passwords). You should notify us as soon as possible if you become aware of any security breaches.



For each visitor to reach the site, we expressively collect the following non-personally identifiable information, including but not limited to browser type, version and language, operating system, pages viewed while browsing the Site, page access times and referring website address. This collected information is used solely internally for the purpose of gauging visitor traffic, trends and delivering personalised content to you while you are at this Site.

From time to time, we may use customer information for new, unanticipated uses not previously disclosed in our privacy notice. If our information practices change at some time in the future we will use for these new purposes only, data collected from the time of the policy change forward will adhere to our updated practices.


Makris Group may update this Privacy Policy from time to time so please review it periodically for changes.

Your continued use of our websites or services, requesting our assistance or the provision of further Personal Information to us (directly or via an authorised person) after this Privacy Policy has been revised, indicates your acceptance of the revised Privacy Policy.


If you have a query relating to this Privacy Policy or wish to make a complaint, please contact us using the following contact details: 

The Office Manager
Makris Group
Level 2
17 Elizabeth Avenue,
Broadbeach QLD 4218

Email address:
Phone: +61 7 5560 8180

For more information about the Privacy Act in Australia and protecting your privacy, visit the website below:






© This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it.

Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.

You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.