Start date for $300m Cairns development
PPNQ Developments directors Darren Halpin and Evan Yelavich say they are excited to be able to progress The Palms Collection masterplanned community on the Northern Beaches unhindered.
FGF Developments has been contracted for the project civil works and Trinity Engineering Consultants for civil engineering.
“Even though we expected this result, it’s great to be able to finally commence work on the project and deliver an amazing product for the Cairns community and the drive tourism market,” Mr Halpin said.
“It’s been a costly three-year process to get to this point. It is something that we believed in for our region and we weren’t going to let anything stand in the way of what we know will be an iconic project for the city that we can all be proud of for many generations to come.”
The project is a redevelopment of the former Paradise Palms golf course at Kewarra Beach and is set to include a major waterpark.
Enclave One of The Palms development will consist of 87 blocks of land surrounded by vegetation and a large multi-use amphitheatre, parklands and community facilities.
The developers say Stage 1 will consist of 40 lots and Stage 2 will follow soon after with a further 47 blocks, all forming part of a Renewable Energy Precinct in what they are touting as the Far North’s first ‘EnviroDevelopment’.
Upon completion, The Palms Collection is expected to generate an ongoing economic injection into the city of $34 million per annum and attract an additional 95,000 visitors per year.
“It’s the shot in the arm the tourism industry is crying out for as the focus moves to domestic travel in the wake of restricted international travel. COVID has accelerated people’s desire to holiday at home,” Mr Halpin said.
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