Those with Surfers Paradise property will soon be able to benefit from a future 'landmark cultural precinct' to be built on the Gold Coast.
From a total of 75 entries, three teams have now been selected to compete for the opportunity of designing this cultural landmark, with each being awarded $250,000 to take part in the 12-week Stage Two design period.
The three teams include Melbourne-based ARM Architecture, Japan's Nikken Sekkei and CRAB_VOGT_DBI, a partnership between the Gold Coast's own DBI design and London's CRAB Studio.
The teams will have to deliver a comprehensive design for the landmark precinct, encompassing everything from engineering and planning to digital and theatre design.
The final designs will need to accommodate a new Arts Museum and a Living Arts Centre as well as a landscaped "Artscape" to connect to the green bridge to Chevron Island.
According to Gold Coast mayor Tom Tate, the three shortlisted contenders had all shown they understood the vision for a distinctly Gold Coast arts and culture precinct.
"This competition has trained some of the world's best design minds on our city and what will be our future cultural heart," Mr Tate said in a June 17 statement.