Walker Corporation’s $2.5 billion investment in the Maroochydore City Centre will transform the region into one of the most advanced economies in Australia.
Walker Corporation’s historic development agreement with Sunshine Coast Council and SunCentral Maroochydore Pty Ltd (established to oversee the development) will see a 53-hectare greenfield site in the heart of Maroochydore transformed into a twenty-first century CBD.
The redevelopment will deliver about 160,000 square metres of commercial and retail space and 4,000 residential apartments over the next 15 to 20 years.
The Sunshine Coast is already home to the fastest international data and telecommunications connection point from Queensland and east Australia to Asia.
The international submarine broadband cable network will enable the redeveloped CBD to connect to rapid data speeds and support expanding data requirements at a lower cost.
The City Centre will be supported by other major infrastructure projects, including the airport expansion and public transport infrastructure.
The Sunshine Coast is one of Australia’s fastest-developing economies, growing each year above national averages – it is expected to expand from $17 billion to $33 billion by 2033.
The Queensland Government declared the site a Priority Development Area in 2013, which provides a streamlined planning, approval and development process under the State’s Economic Development Act 2012.
The Maroochydore City Centre is just over an hour north of Queensland’s capital, Brisbane, and only 10 minutes from the Sunshine Coast Airport.
- 53-hectare City Centre
- 160,000 square metres of commercial and retail space
- 4,000 residential apartments
- More than 15,000 jobs over the life of the project
- The Sunshine Coast is home to the fastest international data connection
- The CBD is planned to be integrated with public transport networks that will provide connections to the upgraded Sunshine Coast Airport