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CBD Set to Charge Ahead

By Dan Sowden

The Team: (left) Emporio sales manager Nicholas Criss, Reed Property Group’s manager of development Carl Nancarrow and Ray White Maroochydore's Director Dan Sowden on site.

The Maroochydore CBD is moving ahead in leaps and bounds with recent developments giving Sunshine Coast Council access to a further 53 hectares of land in the heart of Maroochydore.

Last week, members of the Horton Park Golf Club voted on the club’s future and decided to sell the land their club is based on to Sunshine Coast Council for $39 million.

The vote now allows council to proceed with their plans to make Maroochydore the Coast’s Principal Activity Centre (PAC) and divide the greens into seven sub-precincts comprised of a retail precinct, central park, civic plaza, transit plaza, residential and commercial areas as well as a community space accommodating library and arts facilities.

Director of Ray White Maroochydore, Dan Sowden, said the decision was great news for the Maroochydore region, with the new CBD providing a myriad of benefits to local residents.

“Maroochydore is set to become the heart and soul of the Sunshine Coast, with council’s plans ensuring it will be a thriving city centre combining a mix of commercial, retail and residential development as well as parklands, walkways and public transport,” Mr Sowden said.

“The Maroochydore area is already a vibrant business and social hub, and the new infrastructure and developments will simply make it even bigger and better.”

Under the Horton Park Golf Club’s current agreement with council, the club must vacate the land by 31 August, meaning council can get to work shortly on implementing their plans for the region.

Mr Sowden said the Maroochydore region was already growing rapidly, with the Lexus showroom having recently been constructed and the Harvey Norman superstore now under construction.

“With all this development occurring in the CBD, it’s no wonder investors and home-hunters are flocking to Maroochydore to secure their slice of the action and capitalise on the sizeable capital gains on offer,” Mr Sowden said.

“The Emporio development has received a lot of interest from investors who have recognised the benefits of purchasing property in the Maroochydore area.”

Source: The Emporio Team

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