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Maroochydore CBD Update - Commercial and Retail open for Tender

 



 

UPDATE: Expression of Interest Campaign launched for next stages of Maroochydore CBD


The vision for the Sunshine Coast's new central business district has continued to take shape with an expression of interest campaign launched for the forthcoming development stages.
 
SunCentral Maroochydore, the company charged with designing and delivering the new Maroochydore CBD, has launched an Invitation for Expressions of Interest (EOI) campaign for more than 15 hectares of pre-approved developable land in the master planned city centre.
 
The campaign is calling for EOI for The Balance Land development, Precinct 3 which will include a mix of retail, commercial, mixed use and residential opportunities, and a Pop-Up Café to launch the Creative Precinct.
 
With SunCentral completing civil works in the core commercial precinct of the site (Stage 1A) and construction of the CBD’s first buildings expected to start mid-year, SunCentral Maroochydore CEO John Knaggs said the EOI process for the extensive next stages of the project called for experienced urban development and capital funding partners to help develop key precincts. 

 

 

“This is a unique opportunity for experienced developers and institutional capital groups to enter into a long-term partnership with SunCentral Maroochydore and set a new benchmark for city centre design and development in one of the fastest growing regions in the country,” Knaggs said.

The EOI campaign is offering the opportunity to build 67,500sq m of commercial space as well as 25,900sq m of retail floorspace and 1,390 residential apartments across a number of precincts in the new city centre.
 
The site also includes $10 million in underground digital waste and lighting facilities.
 
“Some of this development opportunity is located in the core commercial precinct while the majority is in the area south of the Corso waterway, adjacent the future rail station and transit plaza and in mixed-use apartment precincts alongside planned waterways and parkland,” he said. 
 
The CBD will also feature a 250-room hotel, 100 residential apartments, 40,500sq m of retail as well as commercial and entertainment space.
 
Mr Knaggs said the first stage of the project, which included an earlier EOI for Lots within the core commercial precinct, had attracted a range of local, national and international interests, and a number of submissions were being negotiated to commercial close over the next year.
 
For the next stages, larger scale precincts are on offer. 

“Offering individual parcels has worked well for the first stage of the commercial precinct,” Knaggs said.
 
“However, in response to market feedback these next stages, involving both commercial and mixed-use areas, offer larger precinct-wide approaches.”
 
“We are able to provide a wider platform for capital groups and developers to operate longer term – and I’m sure this approach will help facilitate the development of key parts of the city centre.”
 
“We are looking for the best city-makers to partner with us on this landmark project and look forward to bringing innovative development outcomes and high-quality urban design to life on the Sunshine Coast.” 

Maroochydore CBD Artist's Impressions
 
Mr Knaggs said the Sunshine Coast had attracted billions of dollars in public and private investment in recent years, making the regional economy one of the strongest in the state. 
 
“Some of this investment includes the new international sub-sea broadband cable that will deliver unprecedented global data connectivity in 2020, the Sunshine Coast International Airport expansion that will double passenger capacity into Maroochydore and plans for the new passenger rail / light rail network - all of which will transform connectivity for business and community,” he said. 
 
The Sunshine Coast Council has estimated up to 2 million more passengers would be flying into the region by 2040 once the region's expanded airport was operational by 2020.

Apart from the new international broadband cable that will connect to a landing station located alongside the new CBD, more than $10 million in underground telecommunications and services capacity has been installed beneath the city centre’s new streets.
 
This provides a smart city framework for the new CBD, including digital signage, lighting and other ‘smart’ technologies as well as the country’s first CBD-wide underground automated waste collection system, which will transport waste from businesses and apartments through a series of underground pipes to a central collection station
 
With the arrival of several new infrastructure on the Coast, analysts project the Sunshine Coast’s population to grow from 346,522 to 500,000 by 2036, driving the State Government to declare the new Maroochydore CBD as a Priority Development Area (PDA).
 
This status allows for streamlined planning, approval and development processes. 
 
The city centre’s first buildings include an eight-storey commercial property by local developer Evans Long and a two-tower 152-unit residential complex by Brisbane’s Habitat Development Group.
 
This is in addition to a nine-storey Sunshine Coast Regional Council headquarters building. 
 
“The roads, footpaths, kerbing, landscaping and smart-city infrastructure has already been completed for the first stage of the project, including a large public park and other important public realm,” Mr Knaggs said. 
 
“We are excited about the opportunity to work with prospective new partners to develop the bulk of this landmark project.” 
 
Expression of interest submissions on the next 15 hectares of the site open on 16 May 2019 and can be lodged until 30 August, see www.maroochydorecity.com.au


3 May 2017: Maroochydore CBD boosts regional jobs and economy

A 53 hectare greenfield site in the heart of Maroochydore, the capital of the Sunshine Coast, is being transformed into a city centre for the 21st century, offering unparalleled investment and development opportunities in Queensland’s thriving south-east corner. Declared a priority Development Area by the Queensland Government, the Maroochydore City centre is expected to service a wider catchment of over two million people by 2030.

More than 150 jobs are expected to be created with civil works commencing in the first stage of the new Maroochydore city centre. New roads, footpaths, cycleways, lighting, parks and landscaping will take shape in the civil construction works that will cost $25 million and take around 12 months to complete.

The works will include the installation of underground services and smart city infrastructure that will position the CBD amongst the most technologically advanced in Australia.


SunCentral is the company overseeing design and delivery of the new city centre. “The foundations of this new CBD will be unlike those of any other Australian city centre,” SunCentral CEO John Knaggs said. “We will have three separate conduits for NBN Co, Telstra and the new CBD’s dedicated Smart City fibre optic network, as well as the first CBD-wide underground Automated Waste Collection System (AWCS) in Australia. Around 1.7km of AWCS pipes will be laid beneath stage one of the CBD.” The pipes will allow waste to be transported underground at speeds of up to 70kmh to a central transfer station, making footpath garbage collections obsolete in the new city centre.


Mr Knaggs said eight new streets are included in stage one of the CBD, creating lots for commercial, retail and mixed use development, with a central block to be transformed into a public park. He said this first phase of civil works would be a boost for local jobs and the economy. 

“It’s great to see the project moving to the next stage and it’s more good news for the local economy,” Mr Knaggs said. “The cost of works to be completed in this first stage is approximately $25 million and it is estimated that at least 150 jobs will be generated in the construction and professional services sectors. “Over the longer term, the new CBD is expected to create more than 15,000 jobs and provide a $4.4 billion boost for the Sunshine Coast economy.”

The civil works construction will continue into early 2018 and will be completed by a range of contractors including Sunshine Coast-based firm Shadforths Civil Contractors; ENVAC for the AWCS pipe network and several sub-contractors.

Smart technology is being embedded throughout the Maroochydore City site with city-wide smart signage, Wi-fi, real time transport information, movement sensors, smart lighting in public places and access to a high speed, fibre optic digital network providing internet speeds equivalent to australia’s fastest.

The new Maroochydore City centre will create an energetic commercial and city lifestyle with night life, event venues, al fresco dining, boulevard shopping, urban recreation, community facilities and water’s edge experiences. 

The climate and existing natural assets of the Sunshine Coast have informed the city centre design, with 40 percent of the site to be waterways and parks.

Maroochydore City centre will be serviced by frequent and reliable public transport, with a transit plaza in the CBD catering for all modes of commuting and providing direct access to business, retail, dining and residential precincts.

This unparalleled development represents a region coming of age, attracting a new wave of residents, businesses and skilled workers who enjoy having first class facilities on their doorstep.

 


Maroochydore CBD Fast Facts

 

Background

• SunCentral Maroochydore Pty Ltd was established by the Sunshine Coast Council in March 2015.
• The 53-hectare site was declared a Priority Development Area by the State Government in July 2013, planned for development over 20 years.
• The Council established SunCentral Maroochydore Pty Ltd to oversee development of the site.
• The new city centre is needed to meet the demands of Australia’s fastest growing region.
• It is located 10 minutes from Sunshine Coast Airport.

 

Economic and employment benefits

• Creating 15,000 jobs by 2025 and more than 30,000 jobs by 2040.
• Expected to value add more than $350 million to the state’s economy in the next five years.
• Will provide an estimated $4.4 billion boost to the Sunshine Coast economy over the life of the project.
• Project expected to provide an estimated $5.9 billion boost to the Queensland economy.

 

Urban design

• Prime commercial office space, exclusive retail, exhibition, convention and entertainment facilities, a premium hotel and recreational spaces.
• Approximately 40 per cent of the site will be parks, plazas and waterways.
• A rail corridor into Maroochydore is already designated by the State Government.
• Potential for light rail to connect Caloundra, Kawana and Mooloolaba with Maroochydore’s new CBD.
• 150,000m2 commercial gross floor area, 65,000m2 retail gross floor area and 2000 residential apartments.

 

Technology and environmental sustainability

• High speed fibre optic digital connections.
• A range of ‘smart city’ innovations such as smart lighting and signage and technology that assists parking, traffic management and provides real time information for public transport.
• Australia’s first CBD-wide automated underground waste collection system.
• Environmentally sustainable building design.

 

Investment Opportunities:

• 150,000m2 commercial Gross floor area
• 65,000m2 retail Gross floor area
• 2,000 residential apartments.

 

Lots in Stage 1 will be released to the market in 2016 offering:

• 36,000m2 Gross floor area for commercial uses
• 22,000m2 Gross floor area for retail uses
• 450 residential apartments

 

Enquiries

Project Director
SunCentral Maroochydore Pty Ltd
Phone: +617 5452 7274
Email: admin@suncentralmaroochydore.com.au

 

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New Maroochydore CBD SunCentral Plan

New Maroochydore CBD Aerial Flyover



 


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