After “20 years in the making” the $350 million dollar Shute Harbour Marina Resort project was officially launched last Saturday, with the construction to commence within a year.
Two decades of negotiating approvals, red tape and protests ended with the announcement over the weekend that the master planned development was finally coming to fruition.
Managing Director of the South Australian based consortium delivering the project, Sam Wade, made the announcement to media at the site of the resort on Saturday morning.
The project is set to include 58 managed resort dwellings with private marina berths – which the consortium states there are very few of left on the eastern seaboard – a retirement resort and facilities, a 400-berth marina, 100-room hotel, and 44 room backpackers’ accommodation.
It will be the first marina in Airlie Beach for 16 years since the construction of the Port of Airlie.
It will include a village-style precinct. The Marina Cafe and Bar, Marina Club, Internet Cafe, Supermarket, Bottleshop, Marina Office, Chandlery, Marine Electronics and Charter already have tenants committed.
Mr Wade said the project was “almost shovel ready.”
“It’s an exciting day to launch this $350 million dollar project. We believe this will create a much-needed boost for the Whitsunday region,” Mr Wade said.
“It will create almost 700 jobs – 450 in the construction phase and 250 jobs ongoing.
“We think it’s going to be fantastic for the area, and it will be the closest mainland marina to the Whitsundays.”
Rob Taylor of Taylor’s Property Specialists and Bruce Goddard of Place Estate Agents in Brisbane were in attendance on the day, with the pair marketing the project jointly.
Mr Taylor said that the project had already attracted significant interest on both commercial and residential fronts.
Mr Taylor said the marina could fill the residential needs for the southern market in the region.
“This population of our little town is going to go up 36,000 to 50,000 in the next 13 years, as per projections,” Mr Taylor said.
“We’ve got to have opportunities available and this will help with a lot of opportunities.”
Mr Wade said that the marina’s construction has been meticulously planned due to the nature of the Whitsunday’s climate.
“As you can imagine with a project of this scale, it’s going to take some time, but we’re aiming to commit to construction at the start of the next dry season, which will be within 12 months,” Mr Wade said.
“Within two years, we’ll be able to sell the land plots for people to build their own waterfront, luxury dwellings.
“Following on from there will be stage 2, with the retail and residential plaza, which will be a further three years and onwards.”
Land and berth prices will start from $1.75 million.
Rob Taylor Taylor’s Property Specialists, Managing Director Shute Harbour Marina Sam Wade, and Place Estate Agents Bruce Goddard announced on Saturday that the project would begin within a year
An aerial view of the $350 million Shute Harbour Marina Resort development
More renders of the Shute Harbour Marina Resort