Construction has commenced on BuildCap’s $140 million second tower at the Marine Quarter development in Southport, a landmark project shaping the future of the Gold Coast’s evolving CBD. The 34-level tower, located on Marine Parade, follows the successful delivery of Tower One in late 2024. This final stage will add 153 premium residences to the precinct, reinforcing Southport’s role as a key urban centre. BuildCap has appointed SunBuilt - a next-generation contractor offering integrated development and funding solutions - to lead construction. BuildCap Founder and Managing Director, Stuart Biggs, said the milestone marked a significant moment for both the company and the region. He was joined by Local Area Councillor and Chair of City of Gold Coast Chair of Governance and Finance, Cr Brooke Patterson. “This sod-turn is a testament to perseverance in an industry that has faced unprecedented challenges. Marine Quarter’s prime position, overlooking Broadwater Parklands, and the continued demand for quality residential living in Southport made this project an important investment,” Mr Biggs said.