An impression of the new Maroochydore CBD.
An impression of the new Maroochydore CBD.

‘The critical element’: CBD bosses reveal 2020 focus

THE “single-most critical” element to the success of the new $430 million Maroochydore CBD has been revealed in the latest project update.

Peter Sherrie, the board director of council-owned development company SunCentral Maroochydore, said light rail and heavy rail connections were the “single-most critical thing for this project”.

“What’s critical is this light rail and the rail link to the airport, and also up from Brisbane,” Mr Sherrie said.

“It’s absolutely critical.

“So that’s one thing we really have to focus our efforts on and try and bring that forward as quickly as we can.”

In the November 2019 project update released recently, milestones included works on part of the central waterway finishing, including community space and viewing decks.

The first crane on site, to develop Foundation Place, was described as a “symbol of building construction underway”.

Property industry stalwart Peter Sherrie.
Property industry stalwart Peter Sherrie.

Sunshine Coast Council is now in the process of developing a detailed business case for a mass transit system, with light rail one of the options being considered.

SunCentral CEO John Knaggs said from February-June next year, three more buildings would get underway, with more cranes set to dot the skyline.

Another director, Morgan Parker, said after four years in the job it was “very, very exciting” to see progress in the new city centre.

“To have opened the streets and to now see the first buildings going vertical … it demonstrates the commitment of the market to the Maroochydore City Centre,” Mr Parker said.

A cafe is due to open in The Met precinct, while rail services are being touted as a “top priority” for next year.