UPDATE 10:49AM | The ASF has unveiled its latest concept plan to deliver a new world-class coastal icon earmarked to become the largest tourism project on the Gold Coast in decades.
The multi-billion dollar Integrated Resort Development will include a world-class casino, three branded five and six star hotels, signature restaurants, theatres, shows and entertainment, luxury and boutique retail precincts, serviced residences and meeting and conference facilities.
ASF Director Louis Chien says the project will invest $3 billion into the Gold Coast, create an estimated 10,000 jobs and attract a projected 1.5 million additional tourists to the Gold Coast each year.
“This $3 billion project will deliver a world-class waterfront destination that provides an immediate and ongoing economic boost and significant jobs for the Gold Coast, with benefits flowing across Queensland,” said Mr Chien.
“Over 10,000 new jobs will be created during construction and operations, meaning thousands of jobs for the local community. With construction likely to occur after the Commonwealth Games, this will deliver ongoing buoyancy to the region, ensuring local jobs are retained.
“The project will also attract a projected 1.5 million additional tourists to the Gold Coast annually. This means growing the existing tourism market with an emphasis on new visitors to the region.
“More tourists translates to more business for existing tour operators, more visits to Gold Coast attractions and more flights needed to the Gold Coast,” he said.
At the same time as revealing its latest concept plan, ASF is calling for more certainty around the overall planning process for the area.
“ASF remains fully committed to achieving the best outcomes for the Gold Coast and Queensland. We’re keen for the State to provide overall planning clarity for the area and understand how the proposed Gold Coast Integrated Resort fits,” he said.
The Gold Coast Integrated Resort Development will be situated on a five-hectare waterfront site on the Southern Spit between Sea World and the Gold Coast Fisherman’s Co-operative.
“This site represents less than 3 per cent of The Spit and in its current form, is unused and inaccessible to the general public,” said Mr Chien.
“Our plans deliver a new waterfront precinct to be enjoyed by all by creating new and improved Broadwater leisure and entertainment spaces, a newly accessible water’s edge, a new boating destination and a vibrant space for outdoor performances and events,” he said.
With a cruise ship terminal no longer a requirement of the project, this will be achieved with no dredging in the Broadwater.
“The location of the project will be a catalyst to grow the Southport CBD. It will connect The Spit and Southport, whilst embracing the Broadwater and deliver significant business and employment opportunities,” said Mr Chien.
A traffic solution is provided for the project, with core infrastructure funded by ASF.
“We’ve come up with a traffic solution for the project, which is scalable and will deliver legacy infrastructure for the city. Traffic modelling has future proofed this solution,” said Mr Chien.
“We are committed to working as closely as possible with the Queensland Government, City of Gold Coast and the community to create this global waterfront destination,” said Mr Chien.
EARLIER 6:55am | The vision for a $3 billion casino development planned for The Spit, will be unveiled on the Gold Coast on Sunday morning.
ASF will release concept plans during a press conference.
It is estimated the finished product would lure more than 1 million extra visitors here every year and predicts around 10,000 jobs will be created.
News Corp said the waterfront precinct would include a new boating destination – but the State Government has previously said ‘no’ to a cruise ship terminal.
State Development Minister Doctor Anthony Lynham will discuss the concept at Doug Jennings Park on Sunday morning.
Later ASF will do the big unveiling at the Southport Aquatic Centre.
Shadow Planning Minister Ian Walker said on Sunday Labor ripped up the LNP’s plans in 2015, with no alternative plan and then gifted taxpayer-owned, prime waterfront land to the ASF consortium without a competitive process.
“Wannabe Premier Jackie Trad won’t work with Gold Coast City Council on a master plan for The Spit,” he said.
“A master plan that is desperately needed to address issues such as overdevelopment, density and traffic impacts.
“Annastacia Palaszczuk and Wannabe Premier Jackie Trad need to stop stalling and put a master plan in place for The Spit and provide ASF with a clear pathway to development.”
Mr Walker said some glossy artist’s impressions wouldn’t generate jobs or address the legitimate community concerns about overdevelopment and traffic impacts.
“We know when Jackie Trad leaked this story to the media last time she didn’t even let Annastacia Palaszczuk know she was doing it,” he said.
“Obviously with Jackie away on leave Annastacia Palaszczuk thought it would be a good way to get back at her deputy to show her who is boss.
“Once again we are seeing a deeply divided Labor Government playing politics with job-creating projects for Queensland.
“Labor made this mess when it ripped up the LNP’s plan, and the Gold Coast has suffered with two years of inaction and no plan.”