SWELLING SUPPORT FOR KELLY SLATER WAVE POOL

Written on the 21 November 2012

SWELLING SUPPORT FOR KELLY SLATER WAVE POOL

CONSTRUCTION of the world’s first continuous wave pool is a step closer, with AECOM and Cox Rayner appointed to spearhead the Maddison Estate Surf Precinct at Pimpama, which is predicted to bring to be a major drawcard for the Gold Coast.

LM Investment Management (LM) engaged AECOM to undertake a domestic and international tourism and feasibility study while Cox Rayner is lead architect for the precinct.

The Gold Coast-based international fund manager holds an exclusive Memorandum of Understanding with the Kelly Slater Wave Company for its prototype wave park, which will be the centrepiece of the surf precinct.

AECOM associate director planning Dylan Porter says the wave park will enhance the global tourism appeal of the Gold Coast.

“This comes at a time when there is really a ground swell for change on the Gold Coast, promoted by state and local government,” he says.

“We will be working to ensure that a robust market and feasibility analysis is undertaken to support the project, and that it is benchmarked against international standards in terms of quality tourist experiences.

“The Kelly Slater Wave Company brand will further reinforce the Gold Coast’s position as a leading tourism destination on the world stage.”

The $1 billion Maddison Estate is located in the northern Gold Coast growth corridor and anchors the LM Managed Performance Fund.

On completion, it will be home to more than 4500 residents.

LM chief executive Peter Drake (pictured) says the appointment of AECOM and Cox Rayner adds to Maddison Estate’s “best of the best” team in their respective fields.

“With AECOM, we can accurately assess the benefits this project of state significance will have on tourism and, with Cox Rayner, we will deliver a world-class tourist destination to draw surfers, property owners and holiday makers from around the globe,” he says.

“We are situated only a stone’s throw from Australia’s best theme parks. Now we are one step closer to delivering a surf destination with the stamp of approval from Kelly Slater, the world’s best surfer.”

Cox Rayner is also designing the 2018 Commonwealth Games Aquatic Centre. AECOM is a Fortune 500 company with clients in more than 130 countries.


Latest News

HUGE PROFIT SPIKE FOR HELLOWORLD HEALS MERGER WOUNDS

HELLOWORLD (ASX: HLO) gripped the share market this morning after its announcement of a whopping 880 per cent increas...

PROFIT DROP AT SERVCORP

SERVICED office company Servcorp has seen its profit fall, citing New York City, Singapore and Saudi Arabia as the pr...

ACQUISTION AND ORGANIC GROWTH BOOST NATIONAL STORAGE

NATIONAL Storage increased revenue 46 per cent to $54.4 million in the first half of FY17, driven by organic growt...

BLACKMORES: AUSTRALIA SLOWS, CHINA JUMPS

BLACKMORES suffered a 42 per cent decline in first half profit, the health food manufacturer announced today.

The ...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter