HTML tutorial
Published On: Wed, May 24th, 2017

Ardent Might Develop Dreamworld Land


Photo via Dreamworld Facebook

Ardent Leisure is contemplating on developing ‘prime real estate’ around Dreamworld. The company has consulted with a town planner on the feasibility of rezoning parts of the site for “alternative uses.” Ardent want to
“identify opportunities for unlocking value from the land.”

Ardent owns 60 hectares of prime land adjacent to the new Coomera town centre, 35 hectares of which is currently occupied by Dreamworld, the country’s largest theme park with 40 rides and attractions. The company is on the lookout out for development opportunities and continues to work with third-party developers.

The review of the prime property would have been kept under wraps until complete. However, Gary Weiss and Kevin Seymour, requested seats in the Ardent board and therefore been invited to a meeting discuss the plan. Together Weiss and Seymour hold a 7.9 stake in the company.

Despite expecting losses in the wake of the fatal accident in the theme park last year, Ardent says that it will continue to invest in Dreamworld and is planning on expanding the theme park to make sure it remains a top attraction in the Gold Coast.

About the Author

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Creation Homes at Gainsborough Greens

Recent Comments

  • Lisa Ricourt: I am interested in finding out more about the sale of indivi…
  • John: hey, I would like to get a spot in the new soon to come shop…
  • Sophie: Where is the new shopping centre? Just saw news online but c…
  • Tim Wong: Can I have the location of New Coomera School please?…
  • Wayne Bennett: I hope that there will be a road upgrade done as well. The r…

Subscribe Now !!!

Coomera Investor is a curated real estate news site for articles of interest to current and prospective property owners for the Coomera District of the Gold Coast. Sign up to receive an email when an article is added to the site.