News

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



BREAKING: Emergency services at gas leak in Gladstone

Gas leak at Gladstone.

Fire crews are at the scene working to make it safe.

WATCH: Gladstone crabber losing livelihood to thieves

Alan Grayson is furious with the ongoing thefts of crabs and pots in the region.

GLADSTONE crabber warns off fish and pot thieves in Boyne waterways.

Local Partners

Cliff Richard to release 101st album

Sir Cliff Richard's album cover

Sir Cliff Richard is to release his 101st album

CMC Rocks faces fan backlash over date change, headliners

The 10th annual CMC Rocks festival will be headlined by The Dixie Chicks.

FANS are not happy about festival being pushed back by two weeks.

Kim Kardashian West attacked by man trying to kiss her bottom

Vitalii Sediuk targeted Gigi Hadid last week

Madonna poses naked in solidarity with Katy Perry

Madonna posted her own nude selfie on Instagram

Carlos Santana added to Bluesfest 2017 line up

Carlos Santana at Bluesfest 2013.

Calling all local black magic women

Disney to remake 'The Lion King', and it's live-action

The Lion King is coming back to movie theatres

And this time it's going to be live-action.

$40million hotel, shops development project for Mackay

Mt Pleasant hotel and retirement accommodation, proposed at 194-202 Malcomson St.

$40m development to take Mackay to 'the next level'

'Flex muscles': Gladstone suburb drops $120K

BUYERS are scooping unprecedented deals by “flexing their muscles at the table”

Few bright lights for property after mining downturn

The Gladstone Regional Council wants associated LNG companies like Bechtel to be apart of the EIS housing accommodation strategy from the outset of the projects and not mid-way through.

Tannum Sands continues to write its own property success story

Property 200m from ocean selling for just over $100K

BEACHCOMBER PARK: Work has started on a new $19.2 million development at Toogoom.

The estate's developer is offering huge discounts for early buyers.

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Market opens as Gladstone sellers drop prices to force sale

VENDORS are dropping the price on houses to force a sale.