Gold Coast City Marina & Shipyard (GCCM), the largest of its kind in the southern hemisphere, has unveiled details that it will double in size with a further 20-hectare adjacent to the site.
The project – now in phase two – is valued in excess of A$100 million (approximately €61,000,000), and will see GCCM increase its marine refit lifting capacity by 400%.
Trenton Gay, CEO of GCCM, stated, “Submissions for this site have been lodged with authorities and once approvals are in place, construction for the first stage will be imminent.
“Once completed, GCCM will be able to further accommodate the growing size of our domestic fleet and those coming to the South Pacific region, including superyachts, wide-beam catamarans and sailing yachts thanks to ground-breaking new facilities including a 1000-tonne capacity lift and undercover refit and repair factories.”
The refit and repair facility is growing each year with an excess of 80 marine businesses on site - employing over 700 of Australia’s marine contractors and servicing vessels up to 70-plus-metre superyachts.
Located on Beattie Road, GCCM was acquired by marine industry stalwarts - the Gay family - more than 10 years ago, with planning, research and development commencing around five years ago.
Once stage two is complete, GCCM will vacate 37.5 hectares within the Gold Coast’s 250-hectare marine sector.
Gay added, “With foreign-flagged vessels now able to clear customs and immigration on the Gold Coast, we are seeing larger boats utilising our facilities.
“During the Port of Clearance trial period, we this year saw GCCM welcome some of the largest vessels to ever visit the Gold Coast including M/Y Dragonfly (73 metres), M/Y Pangaea (59 metres) and M/Y Pursuit (51 metres) and we expect boats of this size and larger to increase in numbers therefore our refit capabilities need to accommodate these.”
The project has received support from Gold Coast City Council, Michael Crandon MP – State Member for Coomera, the Hon. Steven Ciobo MP – Federal Member for Moncrieff and the Hon. Stuart Robert MP – Federal Member for Fadden.