The Spit on the Gold Coast undergoes over a Billion Dollars in Developments.
The Spit on the Gold Coast undergoes over a Billion Dollars in Developments.
Queensland’s last remaining fishing co-op has been released to the market for a marine tourism development.
The Government declared the site would remain the Fishing Fleet’s home and it would gain “renewed and reconfigured berthing facilities”.
- Under the Spit Master Plan there is over $1 Billion Dollars of new development on the horizon with;
- $480-million redevelopment of nearby Mariners Cove to accommodate a Ritz Carlton hotel
- Gordon Corp’s $300-million Mantaray Marina and Residences with a 67-berth superyacht marina and exclusive members-only on-water lounge
- Makris Group’s $500-million revamp of its Marina Mirage retail and dining precinct.
Significant interest is expected in the Carter’s Basin site fronting the Broadwater, south of Sea World.
Overall, it comprises about 7,000 square metre of leasable land and a 20,000 square metre seabed lease.
The government is seeking expressions of interest for proposals that include “a new commercial marina and associated landside facilities, catering to commercial, fishing fleet and marine tourism outcomes, within a mixed-use development”.
The future of the neighbouring Peter’s Fish Market, which has been trading on The Spit for more than 30 years, also had been secured through a deed of development, which includes plans for a new two-storey premises overlooking the Broadwater.
