SEALINK'S $56 million Market-Led Proposal (MLP) for an integrated ferry and coach terminal in Townsville has been given Queensland Government approval to advance to Stage 2 of the MLP framework, which involves the preparation of a detailed business case for consideration.
In a statement last week, Treasurer Curtis Pitt said the progression to the next stage meant that Townsville could soon boast a new ferry terminal and integrated transport hub including two new ferry passenger vehicles. He added that the proposal unlocks new private sector investment in Townsville and brings with it real public benefits and a boost to the city's infrastructure.
"SeaLink's plans to work with partners to develop a renewed Breakwater Terminal marine precinct; a new ferry terminal and integrated transport and tourism hub on the southern end of the current Breakwater Terminal, is something that should excite all locals," Mr Pitt said.
"This $56 million development project will transform an ageing site into a thriving tourism precinct and the new ferries will boost connections between Townsville, the Great Barrier Reef Marine Park, Magnetic and Palm Islands, it's a win win for the people of Townsville and tourists who visit Queensland.
"I'm thrilled to see submissions of this calibre coming to government through the MLP framework, especially in regional centres like Townsville. One of the strengths of the MLP framework is that it allows the private sector to leverage their strengths and capabilities to offer a solution that provides a better outcome for taxpayers."
Townsville Mayor Jenny Hill said the project was a $56 million vote of confidence in Townsville's tourism industry and economy. She said SeaLink's proposal would deliver a new, high-quality tourism facility at no cost to the ratepayers.
SeaLink Regional General Manager NQ & NT Paul Victory said the company was excited to further develop its presence in Townsville.
"Along with Tourism Queensland, Townsville Enterprise and Townsville City Council, SeaLink Queensland is proud to promote Magnetic Island and the islands across the Marine Park's tourism opportunities," he said.
"We're excited by the prospect of a long term future in Townsville and we plan to introduce more tourism products and opportunities for visitors and the local community to enjoy.
"We have partnered with Queensland and Townsville-based developer Honeycombes Property Group and we're working in consultation with the Port of Townsville Limited (POTL) to deliver this project.
"While the final format for the terminal has not yet been determined, the site will boast an integrated tourism and transport hub and may also include commercial property, short and long-term accommodation and public space for tourists and locals."
More information about the Queensland Government's Market-Led Proposals framework is available from the Queensland Treasury website at <https://www.treasury.qld.gov.au/growing-queensland/market-led-proposals/>.