EXPECTATIONS ARE FOR AN ICONIC ATTRACTION

THE ROAD AHEAD

WHAT THE STATE GOVERNMENT WILL WANT

• Must have well-established transport networks and significant existing tourism infrastructure with identified growth potential.

• Include significant capital investment to create a development that attracts international tourists, where construction starts within 18 months of contractual close.

• Create a unique and exciting place that further develops the Coast as a worldclass, “must-see” tourist destination.

• Deliver a precinct with landmark design that includes iconic architecture and infrastructure with extensive masterplanned public realm.

HOW THE PROCESS WILL PROCEED

• Government to announce it will go to market by year’s end.

• Release Registration of Interest (ROI) followed by community consultation.

• ROI close and assessment of ROIs then Expression of Interest (EOI) to EOI shortlist.

• EOI close and evaluation of proposals.

• Approval by Government to shortlist and move to request for Detail Proposal stage.

• Another round of community consultation, then assess proposals.

• Preferred proponent announced and transaction documents signed.

• Start of construction (within 18 months of contract close).

THE BROADWATER CARAVAN PARK South of Loders Creek. Owned by the council and State Government.

STATE GOVERNMENT LAND South of the Sea World car park

THE STAR OF THE SEA North of Nerang St. Privately owned.

CAREY PARK Fronting Australia Fair. Owned by State Government.

STATE GOVERNMENT LIGHT RAIL SITE The block of land on the corner of Scarborough and Queen streets north of Queens Park Tennis Club.