One of the Gold Coast’s largest shipyards will double in size as part of a $100 million project that will bring thousands of jobs to the area.
The Boat Works marina in Coomera has turned the soil on a new 23-hectare development this morning.
The project will include a dry dock that could house boats up to 100ft in size, as well as a shopping and dining precinct.
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The development will be completely funded by the private sector and Mayor Tom Tate says this type of investment is vital to growing the Gold Coast.
“The Marine industry is a pillar of our economy,” he said.
“You’ll see other people copying this type of initiative, the marine industry is going to grow even more and the super yachts will be coming more and more to the Gold Coast.”
The project also provides thousands of jobs for the Gold Coast, with 2500 workers expected to flock to the site during the build.
There’s been a long battle to allow dredging in the Coomera river, with the State Government funded program allowing for super yachts and large boats to sail up the waterway.
Owner of The Boat Works, Tony Longhurst, said it made sense and the upgrades have always been in his sights.
“The area around here is going crazy,” he said.
“There are thousands of people living within a two or three-kilometre radius of here, we should take advantage of that.”