ASF Consortium to develop Broadwater Marine project in Australia
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ASF Consortium to develop Broadwater Marine project in Australia

16 Feb 2014

The Queensland Government and Gold Coast City Council have selected ASF Consortium as the preferred developer for the integrated resort development Broadwater Marine project in Australia.

The Queensland Government and Gold Coast City Council have selected ASF Consortium as the preferred developer for the integrated resort development Broadwater Marine project in Australia.

Broadwater Marine aims to boost investment and tourism in Queensland with a 50-storey high-rise, mega cruise ship terminal on state Government land on The Spit, in the Broadwater area.

In addition to residential developments, the project will also include a hotel, marina and super-yacht facilities, retail entertainment, hospitality, community open spaces, recreation facilities, bridges and an innovative dredging model.

"The state Government understands the potential economic benefits a cruise ship terminal could deliver to the Gold Coast and we will continue to make state land available."

The consortium was selected by Queensland Government through a joint competitive procurement process at the council’s request, in November 2012.

Queensland deputy premier Jeff Seeney said the preliminary assessment found that one of the two proposed projects is able to proceed, and it is now for the council and possible proponent to progress this further.

"The state Government understands the potential economic benefits a cruise ship terminal could deliver to the Gold Coast and we will continue to make state land available, should the issues identified by this assessment be adequately addressed by council and the possible proponent," Seeney said.

"Possible proponents, the ASF Consortium and Gold Coast mayor Tom Tate are now free to work together to address a number of outstanding issues highlighted during the assessment process, including the need for extensive community consultation, environmental studies and infrastructure planning."

ASF China Property Consortium comprises ASF Group, China Communications Construction, Guangzhou Dredging, and China State Construction Engineering Corporation.