WHAT IS AN IRD?

AN INTEGRATED RESORT FOR THE GOLD COAST

OCTOBER 2019

PROJECT OVERVIEW

The Gold Coast is world famous for its beaches, theme parks and rainforest and is perfectly positioned for business, investment, sport, events and tourism.Right now, tourism on the Gold Coast is worth close to $5 billion and supports more than 40,000 local jobs. The Queensland Government is determined to see this grow.An Integrated Resort Development (IRD) on the Gold Coast will boost tourism, strengthen the economy and create thousands of full-time jobs.

Previously referred to as a 'Global Tourism Hub', an IRD will deliver a new landmark entertainment destination. It will attract visitors from around the world to experience all the Gold Coast has to offer and improve liveability of the city for local residents. Residents, business owners and community groups are invited to find out more about this exciting project.Stay informed at www.ditid.qld.gov.au/goldcoastIRD

The Gold Coast Integrated Resort (IRD) will offer a landmark entertainment destination never seen before on the Gold Coast.

The IRD will be a mecca for locals and international tourists offering uniquely Gold Coast architecture, with an unrivaled mix of leisure, entertainment and tourism experiences.

IRDs typically include:

Entertainment, recreational and cultural facilities

Luxury hotels

Theatre and live music venues

Meeting and convention facilities

Images courtesy of Destination Gold Coast

INTEGRATED RESORT DEVELOPMENT

Day spas and other leisure facilities

Casino and gaming facilities

Tourist attractions such as galleries, museums and aquariums

Cinemas

Parks and community spaces

Bars and celebrity chef restaurants

Boutique retail.

WHAT’S NEXT? PROJECT PROCESSWHAT ARE THE BENEFITS?

Catalytic infrastructure or development is proven to unlock surrounding development opportunities, increase infrastructure spending, generate construction and create long term benefits such as employment.A good example is Marina Bay Sands (MBS) which transformed the Singapore skyline, economy and tourism industry. In addition to attracting a significant number of tourists and boosting the economy, MBS has introduced world-class transport infrastructure, is dedicated to hiring local residents and provides economic benefits to the service and hotel industries. Investing in tourism infrastructure at the right location on the Gold Coast could create a development similar to MBS.

WHY AN IRD FOR THE GOLD COAST?Tourism supports the Gold Coast economy and thousands of local jobs, however the city has fallen behind other national and international destinations due to a lack of contemporary tourism infrastructure experiences. An IRD will allow the Gold Coast and Queensland to capitalise on the growing Asian tourist market that is now demanding new and exciting tourism infrastructure.

FAQs

The Queensland Government has begun a world-wide search for the best proposal to deliver an IRD on the Gold Coast.This process seeks visionary ideas from the world's best hospitality and entertainment leaders to ensure the Gold Coast gets new world-class entertainment infrastructure.

The selection process involves four key stages:

Registration of Interest (complete)Registration by entities who wish to be considered for participation as a proponent in the process. The Registration of Interest was released in March 2019 and closed in April 2019.

STAG

E 1:

Expressions of InterestSuitably qualified proponents from the Registration of Interest stage will be invited to refine their proposals for the Gold Coast IRD. ST

AGE

2:

Request for Detailed ProposalsShortlisted proponents from the EOI stage will be invited to further develop their concept and commercial proposal.

STAG

E 3:

Preferred ProponentThe successful proponent will be selected and binding terms negotiated, with construction to follow.

STAG

E 4:

www.ditid.qld.gov.au/goldcoastIRD

GoldCoastIRD@ditid.qld.gov.au

1800 959 989 (Mon–Fri, 9am–5pm AEST)

For further information or to be involved in ongoing engagement for the Gold Coast IRD, you can go online, email or call the Project Team:

Tourism Development Projects, Department of Innovation, Tourism Industry Development and the Commonwealth Games, PO Box 15009, City East, QLD, 4002

@GoldCoastIRD @GoldCoastIRD

To support the scale of investment, a casino may be included as part of the resort. Any proposal that includes a casino will not be approved unless the gaming area is five per cent or less of the resort gross floor area.

DOES IT INCLUDE A CASINO?

The Queensland Government established the Gold Coast Tourism Advisory Panel (TAP), to conduct preliminary engagement with the Gold Coast community, with the first phase completed in June 2019. The next stage of engagement invites the community to share their views on possible sites for an Integrated Resort Development. To find out how to participate in this process, stay up to date via the project website and social media pages.

HOW CAN THE COMMUNITY BE INVOLVED?

The Queensland Government has no preferred site for the Gold Coast IRD. Possible IRD sites will be nominated by proponents and considered to ensure the best outcome. The Spit, Wavebreak Island and the Broadwater Tourist Park will not be considered. Development is not permitted on beaches or in national parks.

WHERE WILL AN IRD BE LOCATED?