Below are extracts from a recent article on the Gold Coast that will have very significant gains for tourism and property values at the Gold Coast.. The infrastructure required for the games and the additional facilities will form the structural basis of the future growth of the Gold Coast and act as a catalyst for growth and create an enhanced environment for the greater community

Normally when developments are constructed the developers contribute funds to the Council to create community facilities. What this wil mean is that the developers contributions will still happen and Council will continue to get the funds, but they will spend the funds on additional facilities to the facilities that will have been created or enhanced by the Commonwealth Games. The ultimate winner in this environment will be the Gold Coast and the residents that have the lasting benefit of the infrastructure. This will not only create jobs during the development works, but the facilities will attract additional sporting groups and other related activities that will also increase the demand for tourism and related infrastructure. This will in turn attract further business as people recognise a further need for services and as the services increase the people wanting to live in the area also increase, a win win for all involved

Gold Coast set to shine with 2018 Commonwealth Games

Published: 21 November 2011.

The Gold Coast has taken its place among the great Australian Cities after winning the 2018 Commonwealth Games Bid in St Kitts and Nevis said Queensland Premier Anna Bligh today.

Ms Bligh said the Games could generate up to $2 billion in economic benefit with up to 30,000 full time-equivalent jobs created between 2015 and 2020.

Over $500 million will now be invested on sport and transport infrastructure as a direct result of the successful bid.

“Congratulations to the Gold Coast, to Queensland and Australia – we did it. We get up again!” said Ms Bligh.

“Our united community welcomes these games.

“In 2018 we will be ready to host a unique world- class and friendly event that builds on the Commonwealth brand and enhances our city’s reputation.

“This city will be transformed with new infrastructure and a buzz that only a big international event like this can bring.”

The Premier said the successful bid to host the games would mean infrastructure upgrades including:

Increasing the capacity of Metricon stadium from 25,000 to 40,000 seats

New badminton and mountain bike facilities

A world class squash complex

Development of the Coomera Sports and Leisure Centre .

Upgrades to the Broadbeach Bowls Club, Gold Coast Hockey Centre and the Gold Coast Aquatic Centre.

“Ever since I picked up the phone to the President of the Commonwealth Games Association Mr Sam Coffa during the Beijing Olympics to suggest our games bid I knew the Gold Coast was in with a chance,” said the Premier.

“Today we hit the bullseye – 2018 is the Gold Coast’s time to shine!”

Ms Bligh paid tribute to Sri Lanka’s bid city Hambantota.

“Make no mistake this was a tough contest and all Queenslanders should be thrilled with the result,” she said.

“These games will bring superb tourism opportunities for the Gold Coast and for Queensland.

“The Games will also act as a catalyst to fast track infrastructure development.

“We will see new sporting facilities, improved transport and a new Health and Knowledge precinct adjacent to the $1.76 billion Gold Coast University Hospital.

“We have made a promise to the Commonwealth Games Federation and will deliver on this promise.”

Contributed by Queensland Tourism.

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