Maroochydore City Centre's $2.5 billion development commitment

Ann Lindner - Wednesday, December 02, 2020

One of Australia's leading private property groups, Walker Corporation has signed a landmark agreement with Sunshine Coast Council and SunCentral Maroochydore to accelerate the development of the Maroochydore City Centre.
Projected outcomes include:    

  • $2.5 billion commitment 
  • 15,000 projected jobs 
  • $41 million forecasted profit for ratepayers 
  • 160,000 square metres of commercial and retail space 
  • 4,000 residential apartments.

Yesterday's historic announcement is a key milestone in the 53-hectare priority development area in the heart of Maroochydore.
The agreement will see Sunshine Coast Council retain ownership of the land until Walker Corporation delivers the buildings and infrastructure.

Source: Sunshine Coast Council