Airpark plan takes off
GYMPIE developer Ray Gresham has final approval to build a residential airpark beside the Kybong Airport, signalling the potential for massive economic growth for the region.
The former dairy farmer plans to turn what was once his farm into the Cumulus Airpark Aviation Community.
Gaining the final approval from Gympie Regional Council took 11 years of negotiation, including consultation with the State Government and the Department of Main Roads and Transport.
The staged residential airpark initially allows for eight lots starting from 3000 sq m, allowing buyers to design and build their own hanger and residence with direct access to the Kybong airstrip.
One lot has been sold while another is on hold after early interest in the project.
Mr Gresham had earlier approval to start constructing roadways and taxiways but was waiting on the final green light to list the airpark packages on the market.
The developer was pleased with the outcome and said it was difficult to predict the positive impacts the project would have on the regional economy.
"It means money and job creation," he said.
"The development will attract high nett worth individuals to the airport."
Mr Gresham said the injection of money into the region would have a multiplier effect.
"These people are in an ideal position to invest in the region and introduce new businesses," he said.
"There is a trickle down effect and I want the development to become an economic pillar for the region.
"It's a game-changer for the region."
Residential airparks are extremely popular as lifestyle choices in the United States for aviation enthusiasts and 11 years ago when Mr Gresham drafted the first plans for the aviation community, they were virtually unheard of in Australia.
Since then, their popularity has continued to surge at home as complete lifestyle packages.