GC Integrated Resort development “good for business”

THE GOLD Coast Integrated Resort will boost the city’s reputation as a place to do business, according to the Central Chamber of Commerce.

The group has thrown its support behind ASF Consortium’s plan to build a $2 billion resort and casino on land at Main Beach.

On Tuesday, the State Government confirmed, the developers would be granted a five-hectare plot of Crown land between Seaworld and the Gold Coast Fisherman’s Co-Op.


The design plans are yet to be revealed, as ASF heads back to the drawing board after relocating their original Wavebreak Island project, which also included a controversial cruise ship terminal. The Labor Government refused to grant approval for a terminal when it took office earlier this year.

Chamber President Peter Yared says that was very concerning for local businesses, but the latest news has been welcomed.

“When the Palaszczuk Government sunk the cruise ship terminal project, it injected fear into the business community and gave industry leaders the impression that the city was closed for business,” Mr Yared says, general manager of Hotel Grand Chancellor.

“By giving the green light to the resort, it shows that the Government is serious about creating jobs, stimulating economic growth and providing opportunities for business,” he adds.

“In addition, it is great to see ASF is committed to the Gold Coast and recognises the city is set for major growth.”

A design plan from ASF is expected early next year.