Two more stages for Kingscliff Central
AT LEAST 10 luxury apartments and more commercial space is planned for the second and third stages of the Kingscliff Central%development that is due to open in September.
Casuarina-based developer Dan Black said after lengthy negotiations with owners of the shopfront occupied by the Summerland Credit Union and the Boardwalk Bookshop in Marine Parade, he can now start planning the third stage of the development that will link the village's shopping areas.
"I have been in negotiation with the owners of these commercial properties for at least three years," Mr Black told The Tweed Daily News.
"Now that we have negotiated to buy these properties we can start planning the third stage of the development and lodge an application with council in the future."
The third stage of the currently commercial-only development is hoped to include four large apartments facing Kingscliff Beach, underground parking, ground-floor commercial space and a second pedestrian arcade between Marine Parade and Pearl Street.
After being located in his hardy-plank offices in Marine Parade since 1980, Dr Frank Wyton will relocate to stage one of Kingscliff Central to make way for the%second part of the development that is currently valued at more than $16 million.
Tweed Shire Council is yet to sign off on the second stage, but if approved it will contain six luxury three-bedroom apartments, ground-floor commercial space, underground parking and a pedestrian arcade between the two main streets of the CBD.
Having served the Kingscliff community since 1975, Dr Wyton said a development like Kingscliff Central was needed to cope with increasing demand for services and centralised accommodation in the booming village.
"When I heard about the Kingscliff Central development I thought now would be the time to develop my property, and link it in with it," Dr Wyton said.
He hoped the development, once approved, would be completed by late 2009.
Mr Black confirmed he and Dr Wyton have signed a co-development agreement, with pedestrian access through the Marine Parade property provided to stage-one of the developments, exchanged for traffic access from Pearl Street for stage two, if it is approved.
Several other local companies will relocate to Kingscliff Central including Plan It Town Planners, Lightwave Architects and Andersen and Associates accountants.
Builders of the development, T and T Builders from Coolangatta will also be tenants.
The Commonwealth and Westpac banks, a dentist and a legal firm have also been confirmed as tenants.