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It has been a long process but ASF will be given prime land for a $2B casino and resort at Main Beach.
A RESORT and casino worth more than $2 billion will today get the nod to start planning on State Government land next to Sea World.
ASF Consortium’s vision for the Gold Coast had been put on hold since the election of the Labor Government, who ruled out their initial site on Wavebreak Island and The Spit.
The group had been required to include a cruise ship terminal in their first proposal to satisfy the government’s Integrated Resort Development process, which they can now restart minus the terminal.
The site covers just over 5ha and is directly south of the Sea World carpark and north of the fishing co-op on SeaWorld Drive at Main Beach.
ASF consortium Chairwoman and director Min Yang pictured at Main Beach where the group is hoping to build a casino on land between the trawler port and Sea World. Pic: David Clark
Visiting Main Beach yesterday, Hong Kong-based ASF chairwoman Min Yang said the group would rethink their previous plans and hoped to create a striking and “uniquely Gold Coast” resort.
“The integrated resort includes world-class entertainment, gaming, performing and visual arts, retail, hotel, unique leisure, cultural, residential and outdoor pursuits,” she said. “We can build something like Marina Bay Sands or even better in Gold Coast because in Singapore they don’t have this environment.
The land at Main Beach where the ASF consortium hope to build a casino and resort. Photo: David Clark
“On Gold Coast you can develop this to another level — the natural environment together with the people’s innovation.”
The group went into a trading halt yesterday ahead of today’s announcement by State Development minister Anthony Lynham.
ASF will again be required to submit a detailed proposal to the government for the new site, and will negotiate time frames and processes with the department.
The major redevelopment of Wave Break Island with a cruise ship terminal has been scrapped.
As well as developing a new project, ASF hope to develop an open dialogue with the community, after facing vocal opposition to their Wavebreak Island plan.
“We’d like to build something people love, not something people don’t like,” Ms Yang said.
Local project director Tim Poole said while the new project would be dramatically scaled back from the mammoth designs unveiled for Wavebreak Island.