East Shores project will ‘go ahead'
GLADSTONE Ports Corporation chief executive Leo Zussino has confirmed that the East Shores Development will go ahead.
"The board has for some time approved a $45 million dollar development for Auckland Shores," he said.
"All that we're waiting for is the facilitation of property, which is the road reserve and the recreation reserve to the GPC."
Today in the council's general meeting, it was settled that the council would retain ownership of six blocks that front Flinders Pde, but it held no objection to road closures for the project.
An area of recreation reserve at the base of Auckland Hill would be relinquished to GPC.
The Wiggins Island Coal Export Terminal will contribute $35 million to the project but there was uncertainty in the community on whether the previous state government's commitment of $10million still stood.
"There was $10million committed that we could use for the project. That has never changed," Mr Zussino said. "Once the property matters are finalised, we'll award the tender and construction will start, and we expect that to happen early next year."
