Independent cinema chain Dendy Cinemas has officially confirmed it will expand to the Gold Coast with a 12-screen cinema complex within the $550 million Queen Street Village development at Southport.
Dendy Cinemas has committed to establishing its largest cinema complex for Queensland in the forthcoming Queen Street Village, to be developed on the iconic 3.2 hectare Southport site. Queen Street Village will be built in stages with the entire project expected to take up to eight years to develop.
Once completed, the expansive site bound by Queen Street, Nerang Street and Little High Street in Southport will be a dynamic lifestyle hub, with three residential buildings, two buildings of over-55 living, a 160-room Mecure Hotel and a 12-screen Dendy Cinemas surrounded by a stylish retail, dining, commercial and medical precinct. The mixed-use lifestyle development is due to start construction this year.
Dendy Chief Executive Officer Sharon Strickland said the new cinema complex to be built in Queen Street Village was a unique opportunity for Dendy to capture new cinema audiences in the Gold Coast region. “Dendy’s independent cinema chain has been delivering a broad range of film and performing arts content to the Sydney, Canberra and Brisbane markets. Soon, the Gold Coast will be able to enjoy a broad range of international films, from arthouse productions through to theatre and opera screenings, on the big screen. As an independent cinema, Dendy prides itself in curating content and our customers love our differentiated movie offering. Our development partner Property Solutions is creating a world-class destination in Queen Street Village and we are proud to be one of the foundation members of this new community.”
Queen Street Village is the latest major project by Brisbane-based developer, Property Solutions. They are known for renewing urban neighbourhoods such as award-winning developments James Street at Fortitude Valley, The Barracks at Paddington, SW1 at Southbank and the urban redevelopment of Nundah Village.
Property Solutions joint managing director, David Blanck, said his team spent a great deal of time during the concept phase developing a vision for a lifestyle centre that has the right blend of residential, commercial, entertainment and retail precincts. “Within our developments we focus on creating dynamic ground level spaces for maximum retail attraction and flow. Our company designs and develops sustainable master-planned communities that incorporate retail, dining, entertainment and residential precincts with particular attention to connectivity, public access and open space. We are delighted that major businesses like Dendy have seen our vision and identified Queen Street Village as a fantastic opportunity to be a part of Gold Coast’s fastest growing community. Southport is expected to grow at a much faster rate than the rest of the Gold Coast, by around 3.5 per cent every year over the next two decades, and Queen Street Village will expand with it.”
Queen Street Village Marketing Manager and TOTAL Property Group Managing Director, Adrian Parsons, says Dendy Cinemas will be popular with residents and visitors of Queen Street Village and the wider Gold Coast. “Queen Street Village is an iconic landmark development and the first of its kind for the Gold Coast – where else can you live, shop, dine and see a movie all in the one location? The first residential building Palladium has been receiving a lot of interest and people are impressed by the fact that Dendy will be right on their doorstep. Dendy’s expansion into the Gold Coast will further position Queen Street Village as the social centre of Southport and surrounding areas, given its prime location within Gold Coast’s education and medical precincts. This is one of the largest developments to be constructed on the Gold Coast for many years and there is no doubt it will create many commercial and residential opportunities for Southport.”