Construction is nearing completion on a 145-unit development on the Gold Coast, in the next stage of a developer-architect collaboration worth more than $700 million.
Melbourne developer Hirsch & Faigen has teamed up with architects at Rothelowman to bring four new apartment complexes to the area, with two already complete and one seeking development approval.
Yves, the third of the projects, was sold out before the start of construction, which is expected to finish in the coming months of 2026.
Yves in Mermaid Beach, an apartment complex made of 145 units, is nearing completion as part of Hirsch and Faigen’s $700 million Gold Coast investment.
The project is the largest of the four in terms of quantity: featuring eight one-bedroom, 101 two-bedroom and 30 three-bedroom units, and six four-bedroom penthouse and sub-penthouse suites.
Yves’ development follows the completion of Hemingway, a complex of 78 apartments in Palm Beach, and Emerson, a smaller building of 27 units in Kirra Beach.
Architect firm Rothelowman and building company Hutchinson Builders worked with Hirsch & Faigen on each of these projects.
Developments Hemingway and Emerson are the two completed collaborations between the developers, architects at Rothelowman and builders at Hutchinson Builders.
The four planned Gold Coast projects feature a range of affordability options, from standard Gold Coast apartment prices to ultra-deluxe penthouse opportunities.
Rothelowman principal Jeff Brown said apartments within Yves were being settled soon, and were designed to be customised and decorated to feel unique to each owner.
“It’s not shouty, it’s quite controlled and restrained,” he said. “We think about how a space will be occupied, but we don’t really prescribe that – we just present opportunities for people to make their own space.”
Mr Brown said despite rising construction costs, it was important that the scope of their four Gold Coast projects was wide: offering both affordable and luxury options for buyers.
Yves is expected to see its residents move in within the next few months.
Marbella is the latest collaboration in the works, currently seeking development approval for a 31-storey building with 100 apartments.
“There’s a lot of product in the market of the Gold Coast right now that’s in the multimillion-dollar range,” he said, “[But] I think the market is broader than that now.”
“It’s about offering a broader affordability piece. It’s still expensive as a place, but I think that’s just due to demand.”
Development approval is still being sought for Marbella, which would see 100 new apartments come to Broadbeach at 7-9 Surf Pde.
These apartments would all feature two-bedrooms across the 31-storey building, with fifty of them also including a multipurpose room.
Marbella’s development is expected to cost around $240 million, making it Hirsch & Faigen’s biggest project in the area yet.
With a land size of 1,100 sqm, Marbella is estimated to cost $240m alone; making it the developer’s biggest Gold Coast project to date.
Mr Brown said each project was able to be so different in scale and vision because of how versatile the Gold Coast was as a location.
“The way we think of the Gold Coast is it’s not a uniform place, culturally or geographically,” he said. “It’s actually quite unique; it’s a collection of villages.”
“Our work’s always focused on the locality of where [the projects] are built. There’s no uniform style.”
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