Central Equity to Develop New $500M Tower in Queensland

Central Equity is planning its first build outside of Victoria, with a $500 million supertower one block from the Surfers Paradise foreshore. Pacific One, a 56-storey residential apartment tower, will be constructed on a 3,259 sqm site on the corner of Frederick Street and Garfield Terrace. Central Equity co-founder and chairman Eddie Kutner said Queensland is an area of interest…