Business

Flooding at Bollier Park could be fatal flaw in $60m plan

SEEKING SOLUTIONS: Allan Murnane ponders the challenges of building a quarter horse racing complex at Bollier Park.
SEEKING SOLUTIONS: Allan Murnane ponders the challenges of building a quarter horse racing complex at Bollier Park. Craig Warhurst

THE $60 million Mary Valley quarter horse race track and equine facility is not dead in the water, despite a flood study of the proposed site presenting some challenges, developers said yesterday.

THE State Government has agreed to lease and sell 1480ha of the former cattle property Bollier Park, on Tuchekoi Rd, near Imbil to Australian Quarter Horse Racing Development Ltd.

The AQHRD plans to establish a seven-day-a-week quarter horse training and stabling facility on the land, as well as an international standard quarter horse racing track, centre of excellence, world-class multi-function venue and seven-day-a-week gaming venue, creating about 150 jobs during construction and another 140 to run the facility.

AQHRD managing director Allan Murnane said yesterday there were some challenges with the site but that his company and the government were trying to find solutions to those problems.

"The bottom line is that we have been doing due diligence studies on the Mary Valley and we met with the Government two days ago and basically said to them we are finding that the site is quite challenging and so we are just thinking this through and trying to work out how to progress this whole thing," Mr Murnane said.

Minister for State Development and Natural Resources and Mines Dr Anthony Lynham said AQHRD "currently holds conditional agreements to lease and purchase 1480ha of land in the Mary Valley for racing and breeding facilities, a hotel, stables, restaurant, equestrian school and an associated acreage residential development".

"The original agreements were made under the previous LNP government in late 2014," Dr Lynham said.

"They are conditional on the proponent providing evidence that the project is viable and commercially feasible.

The Department of State Development continues to work with AQHRD, which has until later this year to submit to government their full proposal for the first quarter horse racetrack in Australia."

Gympie Times

Topics:  business, flooding, gympie




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Gympie’s Chelle Dobson joins new political party

Australia Liberty Alliance Queensland’s Bernard Gaynor with Gympie’s Chelle Dobson.

Australian Liberty Alliance jumps on the election bandwagon

Gympie ‘hippies’ go tripping on a good cause pub crawl

PEACE OUT:Part organisers Brian Ferguson and Callum Angeles share the love at the Australian Hotel.

Did you get snapped out on the pub crawl? Here's how it went down.

Pizza Hut denies any "approved" plan to close Gympie dine-in

Is this the end of all you can eat at the Gympie Pizza Hut?

PR and Franchisee's tight lipped on closure.

Latest deals and offers


10 Things You Absolutely Have to do in Gympie in Autumn

NUMBER 7: Go beach camping at Inskip Point this autumn and you can watch the whales off Rainbow Beach or Double Island Point.

10 Things You Absolutely Have to do in the Gympie region in Autumn

Bennett, Langer, Thurston and others talk Cam Smith

Broncos and former QLD coach Wayne Bennett.

Broncos and former QLD coach plus past and present players talk about Cameron...

Tommy Daunt

Tom Daunt sports desk for 27th May.

Chinese trade delegation

Chinese trade delegation visits Gympie region and meets with local producers at the...

Own Sunshine Coast property? You’re about to make money

UP AND UP: Property owners are likely to win from rent and price increases but tenants and first home buyers might not be so happy. Photo: Brett Wortman / Sunshine Coast Daily

Good new for property owners, not so good for buyers and tenants.

Sale nears on last large block of land in Coolum

The 43.37ha property on South Coolum Rd has sold.

South Coolum Rd property to be land banked