Search be­gins for $583m re­sort de­vel­op­ment part­ner

Whitsunday Times - - NEWS -

THE search has be­gun for an op­er­at­ing part­ner for the planned $583 mil­lion re­de­vel­op­ment of Lin­de­man Is­land.

Re­sort owner White Horse Aus­tralia has ap­pointed Col­liers In­ter­na­tional to lead the search for a part­ner to help in the de­vel­op­ment of three re­sorts on the is­land which will in­clude a six-star spa re­sort, a five-star beach re­sort and a five-star eco re­sort.

Tourism Min­is­ter Kate Jones said the start of the search was a sig­nif­i­cant step in re­turn­ing the is­land to its place as one of the state’s tourism jew­els.

“This is a ma­jor mile­stone for a project that is tipped to gen­er­ate $620 mil­lion for Queens­land’s econ­omy,” she said.

“We’re work­ing closely with the owner and de­vel­oper White Horse Aus­tralia to make sure we de­liver ex­actly what Lin­de­man Is­land needs to be a thriv­ing tourist hot spot.”

Once the shin­ing stars of Queens­land’s tourism in­dus­try, many re­sorts on is­lands through­out the Whit­sun­days have be­come di­lap­i­dated ru­ins with the State Govern­ment keen to en­tice de­vel­op­ers back to the re­gion.

Lin­de­man once boasted Aus­tralia’s only Club Med re­sort but the ho­tel has been closed for years.

White Horse bought the site in 2012 and has pledged to re­turn it to glory.

Min­is­ter for State De­vel­op­ment, Man­u­fac­tur­ing, In­fra­struc­ture and Plan­ning Cameron Dick said the project was ex­pected to at­tract more than 200,000 vis­i­tor days each year.

“Dur­ing con­struc­tion and de­vel­op­ment, this project will cre­ate 300 direct full-time equiv­a­lent jobs on Lin­de­man Is­land and up to 420 jobs in and around Mackay,” he said.

White Horse Lin­de­man di­rec­tor David Ed­wards said plans to re­de­velop the ex­ist­ing re­sort at Lin­de­man Is­land had been re­fined to re­spond to the com­mu­nity.

“We are very pleased to be mov­ing for­ward with this project which we be­lieve will de­liver out­stand­ing en­vi­ron­men­tal, eco­nomic and cul­tural out­comes for the re­gion,” he said.

Don Stewart, of El­ton Con­sult­ing, at a meet­ing in Townsville on Mon­day said the project would re­quire cap­i­tal in­vest­ment of $380 mil­lion, pro­vid­ing de­vel­op­ments with an end value of $580 mil­lion.

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