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Deputy Premier Gives Hope Island Resort Thumbs Up

27th February 2006

One of Australia’s largest private diversified property companies and the Queensland State Government joined forces in a unique partnership to provide new bridges and roadworks valued at more than $6 million on Hope Island on the northern Gold Coast.

The Queensland Deputy Premier and Treasurer The Hon., Anna Bligh officially commemorated the completion of those works by Walker Corporation at a special function in Hope Island Resort in mid-March.

Walker Corporation’s Queensland State Manager Peter Saba said the company undertook the works on Hope Island Road as part of its provision of infrastructure and also on behalf of the State Government.

“The work took nine months to complete and involved the construction of two bridges and the associated road approaches,” he said.

“Hope Island Road has been in need to a serious upgrade for some time and these works will not only make it much safer for residents, but also for all motorists who travel across Hope Island.”

He said the Walker Corporation worked in close consultation with the Department of Main Roads and in particular Eddie Peters district director of the Gold Coast operations of the DMR and Jack Donaghey manager of transport planning DMR.

“We are able to complete the work on time and on budget and by duplicating what we were going to do we have delivered significant savings to the State.”

Walker Corporation is developing the $650 million Hope Island Resort which will ultimately have a resident population of 5000.

Developer Lang Walker purchased Hope Island Resort in 2000 and since then has invested millions of dollars in infrastructure and upgrades in and around the development.

The Hope Island Resort marina and Marina Village Shopping Centre adjacent to the major road works now services a broad section of the northern Gold Coast community and it also earmarked for further expansion.

The recently completed $4 million Harbour Point commercial building which is part of this precinct is now fully leased. Walker Corporation re-located its Queensland head office from the Brisbane CBD to North Point amalgamating it with its Gold Coast/Hope Island Resort operations.

The official commemoration of the completion of roadworks by the Deputy Premier Anna Bligh was attended by more than 50 invited guests including residents and community and business leaders from the northern Gold Coast.

Mr Saba said Walker Corporation was delighted the Deputy Premier could attend and officiate.




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