Golden Wealth Paifang completes Gold Coast Chinatown

A MASSIVE golden Chinese gateway has been erected in Southport, completing the city’s Chinatown precinct.

The Wealth Paifang spans 14 metres across Davenport Street and stands about nine metres tall.

Its gold and red colour symbolises wealth and good fortune, with the gold shingles drawing inspiration from lucky Chinese coin strands used in feng shui to attract the energy of wealth and prosperity.


The monument was this week officially unveiled by Mayor Tom Tate and Consul-General of the People’s Republic of China in Brisbane, Dr Xu Jie.

It was designed in collaboration with our Friendship City Chengdu, the Chengdu Municipal People’s Government, Chengdu Dov. Design Co. and Urban Art Projects.

Mayor Tate said it was a momentous occasion for the city.

“Since 2013, streetscape improvements, cultural embellishments and the construction of three paifangs marking the entrances to Gold Coast Chinatown have provided the foundation for the precinct,” he said.

“We have been richly blessed with the guidance from our sister cities in Asia including Chengdu, Zhuhai, Taipei and Beihai, to create this wonderful centre for multicultural festivities.

“Its emergence as an exciting destination to celebrate diversity through culture, design, people and food is seen at our annual Lunar New Year celebrations when crowds of 15,000 fill the streets.”

Mayor Tate said Gold Coast Chinatown was playing a key role in the development of Southport as the endorsed city CBD and giving it the edge from other retail and commercial centres on the coast.

“It will continue to grow and evolve over time just like other major CBD Chinatown precincts in Sydney and Melbourne,” he said.

“The CBD is primed for significant growth over the next decade.”

Mayor Tate said the City’s next major focus for Southport would be the revitalisation of the CBD’s main street and laneways with a master plan in development for Nerang Street.

The dedication ceremony for the Wealth Paifang marked the end of 2018 Lunar New Year celebrations.