In September 1960, work began on the construction of the Chevron Hotel’s Main Block, which included a 24–lane bowling alley underneath and a large, modern convention centre – the Corroboree Room.

[8][dead link‍][9] In 1987 most of the Chevron was demolished, leaving Surfers Paradise with a two-hectare hole in the middle of town for more than a decade due to the recession and lack of interest from property developers.

[8][dead link‍][10] The Chevron Renaissance development construction began with the driving of piles to a depth of approximately 45 m, plus an additional 10 m into the bedrock in places, to create the foundation for three towers.

[19][20][21][better source needed] The 39th floor Penthouse set a new Gold Coast apartment price record when it sold for AUD$9.5 million in early 2018.

[8][dead link‍][9] The new development was named Chevron Renaissance, as it is widely considered to be a catalyst in the revitalising of the Surfers Paradise tourist district and was completed in October 2000.

[14][24] The original hotel housed the Skyline Lounge (opened August, 1957), which was a popular landmark bar and nightclub where many local and international acts would perform.

An open air piazza was also upgraded to include a shade sail structure, rustic wood features, garden beds and a water fountain was transformed into a food and beverage area.

[15] In 2015 the Chevron Renaissance Shopping Centre was purchased by Precision Group for $74 million from Morgan Stanley's Arena Investment Management in a deal backed by the Bank of China.