Spirit, also known asIluka, was a proposed residentialskyscraper under construction on theGold Coast inQueensland, Australia. Upon completion, it would have become the tallest building in Australia to roof, and the second tallest building overall (surpassed by the nearbyQ1). The site was sold in March 2019 with only basement level work completed.[1]
Proposed in 2015, the project was developed by Forise Investments and designed by DBI Design Pty Ltd.[2] With a height of 297.8 metres (977 ft), Spirit was intended to become thethird-tallest building in Australia overall, behind the nearbyQ1, and by completion date the Australia 108 will come in as second, as well as thetallest building to roof, surpassing theEureka Tower in Melbourne by 50 centimetres.[3]
Spirit would have consisted of 470 residential apartments, across 89 levels, and would have further included 6 basement levels.[4][5] The AUD$1.2 billion skyscraper received planning approval by theGold Coast City Council in September 2015, with construction commencing at March 2016, and intended to finish by 2020.[6]
In March 2019, Forise sold the site for $50-60 million at an estimated loss of $50 million, as Forise purchased the former Iluka tower for $65 million and then spent approximately $40 million on initial work at the basement level.[1]
Gold Coast skyline in 2015.