Melbourne consortium wins Gold Coast cultural precinct competition with whimsical design Winning concept for Gold Coast Cultural precinct by ARM Architecture Source: Supplied A FOURTEEN storey "twisting new arts museum" with an exterior walkway, a top floor viewing lounge and a bungee jump will be the "heart" of the city's $300 million cultural precinct with council revealing details of the winning design. ARM Architecture, out of Melbourne, will tonight be announced as the winner of the lucrative City of Gold Coast's cultural precinct design competition. The staged precinct, tipped to start at the end of next year if approved by councillors, will cost $300 million to build. IN PICTURES: The winning design for the Gold Coast cultural precinct Winning concept for Gold Coast Cultural precinct by ARM Architectur Source: Supplied Along with the winding tower, the cellular precinct will feature: A new-look Arts Centre Gold Coast, which will double in size and feature a 1200-seat state-of-the-art theatre, a renovation to the existing theatre and a "black box theatre" which will open out to the river A "water play" park featuring a slide A sports area including a basketball court A spiral helix green bridge connecting the site to Chevron Island Outdoor art galleries and a massive amphitheatre Floating gardens Fine dining restaurants The tower - the first stage which council has promised to deliver before the 2018 Commonwealth Games - will include an interactive kids floor, a great hall, two floors for a library, a level devoted to new media and photography, two storage levels, a space donating to memories of the Gold Coast, a cafe and observation deck and a roof lounge. Mayor Tom Tate said it made "moral sense to have a place to bring the soul of the city to life." He said this would be a "bucket list attraction" giving travellers from around the world a reason to visit the city. ARM Architects is based in Melbourne and this is its first Gold Coast design. It beat 75 consortiums to the first stage and two during the last stage, including local company DBI, which formed a consortium with VOGT and world-renowned architects CRAB Studio, and Nikken Sekkei from Japan. Design competition head juror Gordon Holden praised all three entries but said the ARM entry best fit the brief for the 17ha site. The demand for a Gold Coast cultural precinct reached fever pitch in the lead up to the last city council election, but plans have been in place since 1968. A model of the Gold Coast cultural precinct design.