Developers

Commercial development opportunities at Lumina

Artist impression – Indicative only

Lumina offers premium commercial land for sale in a range of sizes and configurations that can cater for up to 200,000sqm of commercial development.

Set in the heart of the Gold Coast Health and Knowledge Precinct, Lumina benefits from significant recent infrastructure investment. Lumina sits between a G: link light rail station and a residential and retail community and is co-located with Gold Coast University Hospital, Gold Coast Private Hospital and Griffith University.

Other benefits include:

  • Premium, freehold development-ready sites from 1,000sqm to two hectares
  • More than $5 billion of health, education and transport infrastructure and investment in the Precinct
  • Zoned within the Parklands Priority Development Area
  • EDQ, as part of the Queensland Government, is responsible for the master planning, approval and facilitation of development
  • Driving access from two domestic and international airports with excellent public transport links
  • Strategically located in a prime corner location of the Precinct, bounded by major arterial access to the Smith Street Motorway and Parklands Drive, providing visibility and signage opportunities to 50,000* motorists daily

Interested in development opportunities at Lumina?

Enquire now Expressions of Interest (EOI) Guidline

The flexibility offered by Lumina through its scalable spaces and purpose-built facilities creates the perfect environment for growth. As a result, we’ve been able to achieve unhindered focus on innovation within our industry.

– Sarah Vikander

Clinical Research Coordinator

The Lumina transaction process

1

Expressions of Interest (EOI)

Proponent expresses an interest in being either:

  • An owner occupier 
  • Interested developer
  • Tenant 
2

Strategic Advisory Group (SAG) Approval

  • Proponent submits formal a EOI by responding to the Gold Coast Health and Knowledge Precinct Occupant Assessment Criteria 
  • The EOI includes the uses in the proposed development and confirms links to the Precinct partners, either existing or future envisaged 
  • EDQ presents the EOI to SAG for endorsement
  • EDQ and Precinct partners review and qualify the EOI
3

Contract

  • EDQ and the proponent negotiate terms of option agreement to purchase land
  • Proponent and Minster for Economic Development Queensland (MEDQ) executes option agreement with contract of sale attached
4

Tenant Attraction

  • Proponent commences marketing activity to secure tenants to meet its precommitment threshold requirement. Note: this step not required for owner occupiers
5

Concept

  • Proponent to provide a concept design for the proposed development confirming size, scale and materiality of the building 
  • EDQ approval of concept required before progressing to next stage
6

Development Proposal

  • Proponent to provide a Development Proposal for the development
  • Development Proposal confirms final design, committed uses and tenant Agreement’s for Lease and /or Strata Sales contracts, feasibility and funding requirements and delivery program
7

Development Application Submission

  • Proponent submits the development application 
  • EDQ finalises land sub-division in line with the approved Development Proposal and Concept Design 
  • Development Application approval received
8

Settlement

  • Settlement Put & Call Option in the Option Agreement exercised and Land Sale Contract executed 
  • Proponent finalises project funding, tendering and contract award
9

Delivery

  • Construction of project- substantial commencement to be achieved prior to predetermined contractual date 
  • Practical completion of the development prior to predetermined contractual sunset date

Interested in development opportunities at Lumina?

Enquire now View Master Plan

Expressions of Interest (EOI) Guideline

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Lumina opportunities pack