Maroochydore City Centre
- The Maroochydore City Centre is a 20 year plus project that will deliver an exciting new civic heart for the Sunshine Coast – and in excess of $350 million in public infrastructure and assets.
- It will also provide a catalyst for new employment, particularly in the professional services and the digital industries – with 15,000 jobs forecast to be delivered over the life of the project.
- We already have five major developments committed in the first precinct – Unitywater, Evans Long, Habitat, Pro-Invest and Council’s City Hall – with over 80% of the Precinct either committed or under active negotiation.
- Importantly this project will address the transport connectivity problems that have plagued Maroochydore for decades – making it easier for people to get around, through and across the city.
- This is a critically important project – we have a high-calibre credentialed board overseeing the project, good market interest, a clear plan of investment in place and Council will shortly consider proposals for a major investment partner in the project.
- This is an asset that belongs to the Sunshine Coast community – it will always be there, will continue to appreciate in value and provide an outstanding opportunity to consolidate commercial activities, community activities, public areas and community services in a central geographic location for our region.
- In fact, leading demographer Bernard Salt has labelled this the Activated City and has stated that …“the Maroochydore CBD project has come along at just the right time, injecting energy and a can-do philosophy into the Sunshine Coast”.
- Yes, much of the project infrastructure commitments have been funded through borrowings, but there has never been a better time to borrow with financing costs so low and the borrowings will be retired from land sales and other charges.
- All of the intelligence and market feedback I receive about this project is positive – and I believe this has been the right project for Council to advance, under the right model and with the best interests of the community at the forefront of our considerations.
- To suggest that there is no money coming in from this project shows (at best) an inability to read financial statements and at worst, an absolute lie.
- From four settled land sales alone, we have already received $11.4 million.
- There are another two sale contracts that have been signed which will deliver a further $9.05 million when they settle.
- This is just 6 sales in the first precinct – a precinct that constitutes just over 10% of the City Centre site – and there are plenty more to go.
Let’s Review The Facts Development Applications Development is an important sign of life in any community. Ask anyone who suffered during the Global Financial Crisis – a downturn that saw confidence disappear overnight, and really only return in the last 6 years. As much as 20% of our workforce gains their living from the development/construction and […]
Let’s Review The Facts Confidential Meeting Agenda Items Local Government in Queensland would have to be the most accountable of any level of Government in Australia. Generally, given it is free of party politics this also ensures the decisions made are made with the region and its long term future at heart. All resolutions of […]
Let’s Review The Facts The Importance Of Our Hinterland The Hinterland is a special place and a jewel in the natural landscape and appeal of our region. It provides a standard of liveability that is the envy of south east Queensland. Our Hinterland towns along the rail corridor will continue to grow in harmony with […]
Let’s Review The Facts Balancing Economic And Environmental Priorities When I was first elected as Mayor in 2012, the Sunshine Coast was on its knees. The region had the lowest levels of business confidence, high levels of unemployment, no commitments to the infrastructure that the region desperately needed and no relationship with the other tiers […]
Let’s Review The Facts Our Record On The Environment And Climate Change Under my leadership, our Sunshine Coast Council has been on a strong and consistent sustainability journey for many years. While we have had a focus on growing a stronger and more sustainable economy – because we had to – we have also made it […]