Tycoon’s vision: build it and they will come

Sid Knell, owner of the Central Apartment Group.
Sid Knell, owner of the Central Apartment Group. Luka Kauzlaric

INVESTMENT property tycoon Sid Knell chose to put his money into Gladstone's CBD, but the boost to 4½ star accommodation will also allow the city to welcome more tourists and city dwellers.

Gladstone's community leaders added that with a variety of accommodation now on offer, the city had greater choice and capacity.

Gladstone Regional Council supported the move to build in the CBD, which is part of its long-term vision for a vibrant city centre.

The addition of the recently completed Gladstone Central Plaza on Oaka Lane, and the recently acquired Curtis Central Apartments on Goondoon St, brings together three facilities in the Central Apartment Group, along with the existing Gladstone City Central also on Oaka Lane, which was the site of Thursday night's official opening of the newest properties.

Next on the cards for the developer will be Gladstone Central International, which will be a redevelopment around Goondoon St - but not for another five years.

"We have to wait until the town and the council is ready for that," Mr Knell said.

"People have a sense of urgency to get this town moving, not because of the industry, but people's attitudes to getting things done."

Mr Knell said it was the GCC's five-year anniversary, and a lot had changed.

"When it opened the town wasn't going terribly well, then it was going too well and we couldn't get enough people in," he said.

"The last couple of weeks shows the town moving again."

Mayor Gail Sellers said the accommodation would bring more people to the city centre, "which is great".

"We've got a focus on the entertainment centre and getting people to stay in the city," she said.

Gladstone Area Promotion and Development Ltd chief Glenn Churchill said the group was another diversification for the city.

"When we had the growth, we didn't have the facilities," he said.

"People ask why developments are approved - we have to be ready for the people," Cr Sellers added.

Topics:  accommodation gladstone cbd investment property

'Personal attacks': Break-ins force popular restaurant to close

SAD ENDING: Peter Hagan has closed his business Tapas De Vino after is was broken into.

BREAK-INS wear on local business owner's health, and money.

Time for a Fair Go, Prime Minister

DEAR Prime Minister, Welcome to Rockhampton.

Truckloads of WICET gear was up for grabs

HELPING HAND: Russell James, Clinton State School deputy principal John Fry, principal Heidi James,  with WICET's Sarah Wheatley and co-workers who delivered the donated furniture  to the school.

WICET made the calls to offer truckloads of pre-loved gear.

Local Partners

Hugh Laurie receives star on Hollywood Walk of Fame

Hugh Laurie on the Hollywood Walk of Fame

Hugh Laurie and his star on the Hollywood Walk of Fame

Blake Lively hosts 40th party for Ryan Reynolds

Blake Lively throws husband Ryan Reynold's 40th birthday bash

What's on the big screen this week

Benedict Cumberbatch in a scene from the movie Doctor Strange.

MARVEL'S latest superhero Doctor Strange makes his debut.

Trump 'worked like hell' to pick up John Travolta's wife

John Travolta and Kelly Preston

Trump wrote comments in tribute to Travolta's son Jett

RECAP: The Bachelorette S2E11 - top three battle it out

The Bachelorette finalists, from left, Matty Johnson, Lee Elliott and Jake Ellis.

It's Matty, Lee or Jake. Who will Georgia choose?

Jake left broken-hearted by Bachelorette break-up

Jake Ellis is one of the final three bachelors on The Bachelorette.

GEORGIA chooses Lee and Matty J as her final two suitors.

OPINION: Banks fear Gladstone future: Councillor

REGIONAL Queensland deserves a helping hand on housing.

Bank reclaims Goondoon St complex plan, places on the market

Multi-million dollar development plan up for sale.

MULTI-MILLION dollar plan for Goondoon St complex on the market.

Tough times in CBD: Woolies says goodbye Ipswich

Woolworths in the Ipswich Mall.Photo: Rob Williams / The Queensland Times

The last day of trading will be January 1

Coles to pay new owner of Tannum servo $320K

UP FOR GRABS: Expressions of interest in Tannum's new service station, which will house the new Coles Express, closed this month.

INVESTORS bid for new Tannum service station under construction.

Look at me! Kath and Kim home up for sale

Kath and Kim from the iconic Aussie TV series.

'Crack open the Baileys and grab a box of BBQ Shapes'

How to fit 100,000 new homes on the Coast

Property, real estate, housing, suburb,  August 2016

Fitting 2m extra people in south-east Qld in 25 years a balance