Decision on horizon for key marina section of huge North Harbour development at Burpengary - Queensland Property Investor
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Decision on horizon for key marina section of huge North Harbour development at Burpengary

Decision on horizon for key marina section of huge North Harbour development at Burpengary

THE marina development at North Harbour, Burpengary, is a step closer after work in the Caboolture River was given the green light.

North Harbour developers North East Business Park, along with neighbouring developer Trask Development Corporation, applied to the State Government to carry out work that would allow construction of the marina on the south bank of the river.

The government wanted reassurances that the work would have no impact on the river, landholders and marine life.

It also wanted assurances on who would be responsible for managing eronsion on the northern bank, apposite the proposed marina.

Moreton Bay Regional councillors, at the December Coordination Meeting, agreed to take responsibility for the funding, ownership and ongoing maintenance of areas within the application area.

It was believed that Unitywater would also contribute to the erosion works.
North Harbour project director Peter Lightbody said there were still some steps to go before the marina went ahead, but it was an important step.

“There has been a lot of discusssion over who does what in the river,” he said.

“This council resolution means the council will look after the northern bank along with Unitywater with us as proponants on the southern bank.

“That means some entity has been identified for all componants and hopefully it is a way forward and a catalyst to get approval.”

Cr Peter Flannery (Div 2) said there would be significant economic benefits as a result of the decision.

“Caboolture River is currently eroding and I believe in the future we’ll have to take action to prevent erosion to our assets along there,” he said.

“The Federal Government has previously said they are happy for this to occur. There is a lot of community support for this, people are asking me when is it going to happen.”

Cr Adam Hain (Div 3) said once competed North Harbour would be “the most significant development in the northern end of the region” and a “game changer”.

Crs Darren Grimwade and Allan Sutherland declared a conflict of interest as one of the applicants was a political donor of theirs, left the Chamber and did not vote.

Trask Development Corporation owns land next to the North Harbour project and has been working with North East Business Park on getting approvals.

North East business park at Burpengary East.

North East business park at Burpengary East.

North Harbour developers North East Business Park, with neighbouring developer Trask Development Corporation, applied to the State Government to carry out work that would allow construction of the marina on the river’s south bank.

The government wanted reassurances work would not impact the river, landholders or marine life and to know who was responsible for managing erosion on the north bank, opposite the proposed marina.

Moreton Bay Regional councillors last week agreed to take responsibility for the funding, ownership and ongoing maintenance of areas within the application area.

Originally Published: www.couriermail.com.au

Gold Coast

GOLD COAST COUNCIL MAKES MULTI-MILLION DOLLAR COMMITMENT TO BEACH PROTECTION

GOLD COAST COUNCIL MAKES MULTI-MILLION DOLLAR COMMITMENT TO BEACH PROTECTION

Gold Coast City Council has announced backing for its ongoing coastal protection program, with construction underway on the $18.2 million Palm Beach Artificial Reef and the $1.1 million Kurrawa Park seawall at Broadbeach.

Gold Coast Mayor Tom Tate said the ongoing investment into the coastline cemented the importance of the City’s beaches to the community, commenting “our beaches are an important asset that contributes to both our economy and lifestyle.

“We’ve invested more than $30 million into a range of beach measures over 2018/19 to ensure our beaches are protected against coastal hazards and here for future generations to come,” said Mayor Tate.

The $1.5 million seawall rebuild at the southern end of Narrowneck is nearing completion, with works expected to finish this month subject to weather conditions.

Construction and management of seawalls is part of the City’s shoreline response to coastal erosion, with 14 kilometres of public urban shoreline that require seawall protection.

Seawall construction for private properties remains the responsibility of the property owner.

The City also conducts an annual $1 million dredging operation at both Tallebudgera and Currumbin Creek to replenish beaches at Burleigh and Palm Beach.

Dredging of Tallebudgera Creek will commence next week, with works expected to finish in time for the September school holidays. Once complete, the dredge will move onto Currumbin Creek.

Approximately 1000 cubic metres of sand will be pumped from Tallebudgera Creek onto southern Burleigh Beach daily, with natural processes assisting with transporting additional sand north.

A further 30,000 000 cubic metres of sand from Currumbin Creek mouth will be used to nourish southern Palm Beach.

The City previously delivered a $13.9 million beach nourishment project in 2017 in the lead up to the Gold Coast 2018 Commonwealth Games, with a specialised dredge depositing sand along vulnerable sections of the area’s coastline.

 

 

Source: www.ausleisure.com.au

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Gold Coast

Gold Coast Airport Lands $100m ‘Green’ Loan

Gold Coast Airport Lands $100m ‘Green’ Loan

The operator of the Gold Coast Airport, Queensland Airports Limited, is set to reduce carbon emission through $100 million in “sustainability-linked” loans from Commonwealth Bank and Westpac.

The fin­ancing deal with Gold Coast Airport is the first in Australia to be directly linked to a reduction in carbon emissions.

Commonwealth Bank is funding $75 million of the sustainability-linked loan and Westpac $25 million pushing the emissions-linked portion of the funding to $100 million.

Airport operators will use the funding to redevelop the airport and double its terminal floor area over several years, with interest rates to fluctuate depending on whether the airport is able to meet its emissions targets. Underperformance will trigger an increase in pricing.

The multi-year project has been designed to improve the customer experience and address current and future capacity issues.

Gold Coast Airport Lands $100m ‘Green’ Loan 1

The Gold Coast Airport deal is part of a move by CBA to develop solutions to help customers who are looking for greener and more energy-efficient opportunities.

“The world is changing rapidly and it’s imperative that we are always looking for innovative solutions that help our clients navigate this change,” CBA group executive of institutional banking and markets Andrew Hinchliff said.

“Commonwealth Bank’s financing deal is the first in Australia to be directly linked to a reduction in carbon emissions, with the potential for a margin reduction provided the airport meets targets linked to a reduction in carbon emissions intensity.”

In May, CBA chief executive Matt Comyn announced plans for the Green Mortgage initiative, a reward scheme for energy efficient home owners.

Gold Coast Airport Lands $100m ‘Green’ Loan 3

About $500 million has been invested in the airport precinct including the foundations of the southern terminal expansion and the Rydges-branded airport hotel, which is now under construction.

The southern terminal will house the airport’s international operations, with capacity to service domestic flights using a swing gate system, based on demand.

“Environment, Social and Governance is an area QAL is increasingly focused on, and we have already delivered several sustainability projects across our airports in the past few years,” Queensland Airports chief executive Amelia Evans said.

“Some of these projects include reducing greenhouse gas emissions at Gold Coast Airport by replacing lighting with LED, upgrading air-conditioning units and replacing energy efficient drive motors within our baggage handling system.’’

By 2037 the airport precinct will contribute north of $800 million annually to the region and support an estimated 20,000 full time jobs.

 

 

Source: theurbandeveloper.com

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Brisbane

Infrastructure Australia Approves $2bn in Queensland Upgrades

Infrastructure Australia Approves $2bn in Queensland Upgrades 3

More than $2 billion worth of planned upgrades has been given the green light by Infrastructure Australia, after the business cases for three Queensland projects were approved.

Infrastructure Australia, the nation’s independent infrastructure advisor, added the Queensland projects to the priority list, which is the pipeline of nationally-significant proposals for governments at all levels to choose from.

The three new priority projects:

  • The Bruce Highway – Cairns Southern Access Corridor. Stage 3: Edmonton to Gordonvale.
  • M1 Pacific Motorway (Eight Mile Plains to Daisy Hill) and;
  • M1 Pacific Motorway (Varsity Lakes to Tugun).

“Being included as a Priority Project on the Infrastructure Priority List shows that a proposal has undergone a rigorous business case assessment and been proven to have significant benefits for the community,” Infrastructure Australia chief executive Romilly Madew said.

“[The] Priority List identifies close to $4 billion worth of nationally-significant projects for Queensland, which are critical to improving both productivity and quality of life,” Madew said.

Infrastructure Australia Approves $2bn in Queensland Upgrades

Bruce Highway upgrade

The Bruce Highway proposal would create a four-lane highway between Edmonton and Gordonvale.

A portion of the road that has recorded high crash rates.

“Between 2007 and 2012, 79 crashes were reported along this section, almost double the rate reported on similar roads across Queensland,” Madew said.

Infrastructure Australia Approves $2bn in Queensland Upgrades 1

M1 Eight Mile Plains to Daisy Hill upgrade

Up to 150,000 vehicles travel daily on this section of the M1, and due to southeast Queensland’s growing population, this figure is forecast to grow to more than 200,000 by 2041.

The proposal would widen an 8.5 kilometre section of the motorway, improve local busways which Madew says would relieve congestion in the area for the next 15–20 years.

“The project also supports active transport through the provision of an extended cycleway,” she said.

Infrastructure Australia Approves $2bn in Queensland Upgrades 2

M1 Varsity Lakes to Tugun project

This proposal aims to improve a congested section of the motorway that connects northern NSW and the Gold Coast.

“Increased traffic volumes are causing a high number of accidents and worsening travel times, impacting on local residents travelling to work as well as tourists, tour operators and freight vehicles,” Madew said.

“Widening the motorway in both directions will reduce congestion along this vital corridor, and support the Gold Coast’s economic development.”

Madew said that being included on the Infrastructure Priority List supports better project selection.

“By ensuring Australia’s governments are presented with the best available evidence when making funding decisions,” she said.

 

 

Source: theurbandeveloper.com

 

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