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Discussion Starter · #1 ·
I know we have the 'Cruise Ship Terminal' thread, but admittedly this project is a little more than just that, and I think 'Wavebreak' deserves a thread of its own. I was going to suggest the other thread be renamed, but there's so much prior talk of where a possible CST was going to go... half of it would be off-topic.

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WAVEBREAK



PRESS RELEASE

INTERNATIONAL EXPERTS TO GUIDE PROPOSED WAVEBREAK DEVELOPMENT

The proposed $4.9 billion cruise ship, tourism, residential, marina, retail and community development proposed by Sembawang of Singapore - Global Project Underwriters Limited, has been under consideration
since 1998.

Sembawang has assembled a team of internationally recognised and industry leading consultants and experts to help plan the development.

It will use its internationally recognised experience in engineering, construction and development to deliver this iconic project whilst achieving positive social, economic and environmental outcomes.

Sembawang has identified in advance the likely main points of debate regarding the proposal and has provided solutions for each.

Some of the measures planned include:

 A deep water anchorage to be provided for recreational boaties as part of the design process

 Dredging to be undertaken to allow access to the cruise ship terminal.

 Assuming the dredging responsibilities to allow access to the cruise ship terminal from the Gold Coast Seaway for 300 metre vessels (38m beams and 8.5m drafts)

 Repairing the damaged southern training wall in the Seaway;

 Providing replacement seagrass beds for any shallow areas around Wavebreak which are disturbed;

 Avoiding any disturbance to sand banks south of Wavebreak Island which have been indentified as being of significance for migratory birds;

 Providing a new home for the Gold Coast trawler fleet which is at risk of being displaced by future development along The Spit;

 Carrying out improvements on degraded areas of Wavebreak Island and creating public parklands which connect with the currently isolated beach on its eastern boundary;

 Dredging a deep water marina at the western boundary of the proposed project which is currently a shallow sand bank that is exposed at low tide;

 Ensuring the connecting bridge is of sufficient height to allow recreational and small commercial vessels to pass underneath

 Developing an appropriate property strategy which allows for the staged delivery of new product onto the market to support its recovery and long term sustainability

 Managing the visual impact of Wavebreak Island for people living on the mainland with the predominant built form being of a human scale averaging three to seven stories with a cluster of taller elements to create a visually legible location marker.
 

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Discussion Starter · #2 ·
$5 billion Wavebreak project for Gold Coast's Southport Broadwater unveiled by Singaporean developer Sembawang

PLANS for a spectacular $5 billion development in the middle of the Gold Coast's Southport Broadwater have been unveiled by a Singaporean group.

Dubbed Wavebreak, the project - to be built on reclaimed land - would include two cruise ship terminals, casino, 1500-room hotel, 400-berth marina and trawler centre.

It would be developed by Singaporean giant Sembawang, which has been involved in projects including Changi Airport and the iconic Jumeirah Island development in Dubai.

The cruise ship terminal would be located on Wavebreak Island, a man-made island built in the 1980s when the Southport Seaway opened.

Sembawang says the project could be built in time for the 2018 Commonwealth Games on the Gold Coast.
 

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Discussion Starter · #3 ·
And the latest news, released today...

Wavebreak offers up $250m as bond

http://www.goldcoast.com.au/article/2012/08/20/436948_gold-coast-news.html

SINGAPORE-based Sembawang, the company behind the $4.9 billion Wavebreak proposal, has fired a $250 million shot across the bow of Australia's casino king pins.

Sembawang CEO Ric Grosvenor said he was prepared to slap $250 million on Premier Campbell Newman's desk to prove his proposal was no joke and to stop what he describes as "powerful forces" snuffing it out.

He said the money would be given to the State Government as a bond if his ambitious plan for a super resort, casino and cruise ship terminal on Wavebreak Island was approved.

The money would be forfeit if Sembawang breached any conditions set down by the Government, such as deadlines or environmental protections.

Mr Grosvenor said it was an unusual step but it had to be taken because there were "big players" in the gaming and casino industry who were acting out of the public's view to stop Wavebreak from going ahead.

"There are other big players in Australia that would like to see the casino option erased knowing it would sink the project, knowing it would further their own ends," he said. "There are powerful forces at work that would like to see a monopolistic throttlehold on gaming in Australia."

Mr Grosvenor would not say if he was referring to groups connected to the Packers, Clive Palmer or other groups with gambling interests in Australia. Billionaire James Packer's Crown casino group and Malaysia's Genting have both recently shown an interest in shares of casino operator Echo Entertainment Group.

Mr Palmer recently announced plans for a high-rollers casino as part of a resort at the Sunshine Coast.

Echo Entertainment Group owns Jupiters Casino on the Gold Coast, as well as Treasury Casino in Brisbane, Star Casino in Sydney and others.

None of the major casino players has made any public moves on cruise ship or casino-related projects on the Gold Coast in recent times.

"They're people who have other plans and they don't include the Gold Coast," Mr Grosvenor said.

"There are those who deal in the shadow and those that deal in the light. We are the latter."

Mr Grosvenor said the $250 million would come from Sembawang's own treasury.

"I could write the cheque out today," he said.

Wavebreak was one of the international company's top three priorities, he said, with the others a mining opportunity in Macau and another development in Asia.

Mayor Tom Tate said the $250 million bond showed Sembawang was serious about investing in Australia.

"It sends a signal that one of the biggest developers in South-East Asia views the Gold Coast as a global city and that there will be good return in their investment," he said.

"If they're going to do $4.9 billion, others will follow their lead."

Cr Tate said he was meeting Mr Newman this month and would discuss Wavebreak with him.
 

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Sembawang offers to pay for dredging

http://www.goldcoast.com.au/article/2012/09/19/438428_gold-coast-news.html

THE company behind a proposed $4.9 billion super resort and cruise ship terminal says it will dredge the 3.7 million cubic metres of sand needed for a navigation channel at Wavebreak Island in just one month -- at no cost to the ratepayers.

Sembawang president and CEO Ric Grosvenor said if the company was successful in its pitch to create the multibillion-dollar development, it would fork out the money needed to dredge the area to make way for a cruise ship terminal.

On Monday, the Bulletin revealed that dredging costs for Wavebreak, according to a report compiled by Gold Coast City Council, ranged from $26.5 million to $41.3 million.
Mr Grosvenor, who is in Jakarta on business, said the Singapore-based Sembawang had experience in major dredging projects, including the Jumeriah Island development in Dubai.

"We would be able to do the necessary dredging of the main navigation channels in four weeks," he said.
The sand from the capital dredging would be used to create the new island behind Wavebreak to house most of the proposal -- including a resort and casino. He said the remainder could be pumped to Main Beach.
Sembawang has engaged the original engineer for the Gold Coast Seaway and the existing man-made Wavebreak Island, Gary Lucas, as part of its team.

Neil Hodge, who was also involved in the development of Wavebreak Island and now works for Sembawang, would also be flown over to help with the dredging and tidal flow issues.

Mr Lucas, Arup Engineers' maritime leader Australasia, said as part of the ongoing dredging to maintain the channels, sand could be pumped on to the beach at Main Beach to replenish beaches on the western side of the Broadwater.
The council report estimates maintenance dredging will cost about $6.1 million each year.
 

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From The Gold Coast Sun
Terminal Becomes A Priority
The redevelopment of Wavebreak Island to create a cruise ship terminal has been named the councils top priority by the mayor.
Cr Tate said he would focus on giving the project a green light, but admitted an ambitious $4.9 billion proposal by Singapore company Sembawang may not be the final design.
"It must go to tender to make sure what we are getting will be the best thing for the city and the state,"
Cr Tate said.

Im excited this just might happen!
 

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I think it would be great....have read Mick Fanning (surfer) is rallying against it with save our spit group ... which is a shame. Haven't seen any info on the resi. Or if apartments and how tall apartment towers would be.... Guess better to take one step at a time. How tall do you think they could go here? Ie low rise only or an iconic tower? Anyone know when tender deadline closes so we know whose proposal wins?
 

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I think they should go for it, as the only reason I guess Surfers are complaining is that they paddle across the spit currently. But to be honest, with all the jet skis and boats going through there when there is a swell, it's pretty hard to see surfers, so i don't think it will be any more dangerous. if anything, and ive as experience before, it's actually easier to get out of the way of a cruise ship or such because at the spit they would be going soo slow and are soo big that you would see them for miles.

just accept it, get this one done, paid by a foreign country, and give some benefit to the gold coast that ratepayers don't pay for.

that whole broadwater area really needs to be taken care of, i've seen the sand build up and appear worse over the years. i even recall wavebreak island on fire at some point whihc most likely killed any wildlife back then and no one complained haha....sorry i do love animals and wildlife but seems in contrast to viewpoints now a days of the island.
 

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I think the appropiate entrance/exit to this iconic $5billion island development should be via Main Beach I.e. the end of the spit not from Biggera Waters/Labrador. I know there would be howls of protest from the greenies... But it makes sense to go via Versace, Sheraton, Marina Mirage and Seaworld etc considering the international cruise ship visitors (first impressions count). Plus for locals/normal tourists etc it would be closer to Surfers, Broadbeach anyway.
 

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^^ I think the reason not to go that way is a double whammy of there being genuine environmental concerns that go with disturbing the parkland at the top of the spit, and the congestion issues of funnelling even more traffic along Seaworld Drive, which is not something I'd advocate at all (traffic along there is bad enough as it is). I think the bridge from Biggera Waters is a better plan!
 

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I agree its already very congested but Seaworld Drive should be made wider/larger anyway to cope ... I guess they could have two bridges...one from Bigger Waters and one from Main Beach/the spit for maybe the best outcome....
 

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If this is not a bluff.....THIS IS REAL BAD!
TT better not **** this up.... who else is going to spend $5 B I L L I O N ?? Unless you are talking to Packer, Adelson or Wynn....and they guarantee to spend at least this.....it better not turn out like the transit centre.....all talk.... play one developer against the other..... piss everyone off...and nothing happens!
As for no guarantee as for a casino....how else is anybody going to pay for A WORLD CLASS PROPOSAL! GET REAL!
 

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Awww hell! Sembawang should know that anything that requires crown land needs to go through a tender process to make sure everything is above board! It sounds to me like Sembawang are throwing a tantrum because they didn't get their way!

I hope it all works out well in the end, and will be very disappointed if we get a B-grade outcome, but I do think the tender process is the correct way to go about it!
 

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I know that normally it should go to tender, be transparent, above board etc but there are also developments that deserve major project status, cut the red tape etc if the project and the investment is so MASSIVE. Look at Jewel.....it got govt help... The GC needs this and to get on with it...if there is so much daylight between this proposal and any other one...it's a no brainer...my point is TT better have a good, deep pocketed, big spending BILLIONAIRE as back up.... if we have really lost Sembawang.
 

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^^ Jewel is a bit different as it was an approved commercial project that was being held up in the courts. This is a development that involves major infrastructural changes and uses a large amount of crown land. It is a huge project, but GCCC and Qld Govt both need to make sure that they are getting the best possible outcome that suits their needs, and that means putting it to tender! They can't give anyone open slather on a project like this!

I don't blame the council/govt for taking these steps, I blame Sembawang for expecting some kind of preferential treatment!
 
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