Without Surf Ranch Investment, Sunshine Coast economy to take a dive
Today the World Surf League (WSL), Consolidated Properties Group (CPG) and Hutchinson Builders reaffirmed their commitment to the Sunshine Coast as focus turns to bolstering COVID-19 economic recovery efforts.
Hutchinson Builders’ CEO Scott Hutchinson said with significant job losses across the construction industry in recent months, the Sunshine Coast’s economy was struggling.
“We are facing a construction cliff – we are at risk of no new projects being approved or delivered on the Sunshine Coast which will have significant impact on the region,” he said.
“Local jobs are at risk, and the uncertainty created by COVID-19 means we do not know how long it will take for things to return to the way they were.
“Everyone is concerned about the economic downturn, but we have a serious proposition on the table that will bring large scale investment, economic opportunities and job creation.”
Development partner CPG’s CEO Don O’Rorke said the detailed proposition was with Government.
“We’re committed to working closely with the Queensland Government throughout this process so we can be shovel ready and create jobs as soon as possible,” he said.
“All it takes is the green light in the coming months and we will create 300 construction jobs by Christmas.
“But that’s just the start, our $1.1 billion investment will see more than 10,000 direct and in-direct jobs created on the Sunshine Coast over the life of the project.”
WSL Wave Co Asia Pacific General Manager, Andrew Stark said the project could play a key role in Queensland’s economic recovery.
“We considered a number of States in Australia to invest but we chose Queensland and we aren’t going anywhere – we have faith in Queensland,” he said.
“There’s a need for new tourism products on the Sunshine Coast and our wave pool will bring a unique and competitive edge for domestic and international tourism.” WSL, CPG and Hutchinson Builders are leading the proposed $1.1 billion Kelly Slater Wave Pool proposition at Coolum, including associated tourism, local infrastructure, public green space and residential.