BPG Developments Secures Approval for $165 Million Beachfront Project in Palm Beach
BPG Developments has secured permit approval for its latest luxury coastal project, a new beachfront residential address located at 66 Jefferson Lane, Palm Beach. With an estimated end value of $165 million, the project will introduce a new standard of refined coastal living to one of the Gold Coast’s most desirable suburbs.
The 1,733sqm beachside site will be transformed into a collection of 58 luxury apartments, three beach townhouses and eight expansive penthouses. The project will be known as Palmiere and is scheduled to launch to market in early 2026.
This approval follows BPG Developments’ recent permit for a $250 million residential tower in Newstead, and contributes to a growing portfolio that now totals approximately $500 million across Brisbane and the Gold Coast.
A Refined Coastal Expression
Designed in collaboration with Plus Architecture, Palmiere draws inspiration from the natural landscape and laid-back rhythm of Palm Beach. The building features a warm and sun-washed material palette, with soft blush and earthy tones paired with natural stone and textured finishes. Curved forms and layered landscaping create a sense of ease and connection to place.
Residents will enjoy an elevated wellness offering, including a fully equipped gym, custom sauna, spa, outdoor shower and an expansive amenities terrace featuring a resort-style pool, cabanas, sunbeds and lush greenery throughout.
This will be BPG Developments' second project in Palm Beach, following the highly regarded Sable, completed in 2019.
A Commitment to Quality and Long-Term Value
BPG Developments Co-founder Nick Parr said the project is a reflection of Palm Beach’s continued evolution into a highly sought-after residential market.
“Palmiere has been designed to respond to its beachfront location with quality, functionality and thoughtful architectural detail. As a builder-developer, we oversee the entire delivery process, which enables us to maintain control over quality and provide confidence to purchasers throughout the journey and in the final outcome.”
Co-founder Glen Williams noted that Palmiere represents BPG Developments’ continued focus on high-calibre, owner-occupier-led projects across Southeast Queensland.
“Palm Beach aligns closely with our development philosophy. Each project we deliver is intentional and considered, guided by long-term value, design integrity and a genuine sense of place rather than volume or speed.”
A Highly Sought-After Location
MOTIV Founder Carly Cottam observed that Palm Beach remains one of the Gold Coast’s most in-demand residential suburbs.
“Palm Beach has a strong sense of community, excellent dining and beachfront access. A site of this scale, this close to the sand, is incredibly rare. We expect strong demand when Palmiere launches in early 2026.”
The BPG Way
BPG Developments is a family-run, luxury Queensland builder-developer delivering residential projects of enduring value across Brisbane and the Gold Coast. The business is intentionally boutique, taking on a select number of projects to ensure the highest level of detail, accountability and care.
Care. Pride. Longevity. That is the BPG Way.