14/02/2022
Central Coast Business Review February 2022 edition now available
www.ccbusinessreview.com.au
In this issue
Edgar Adams’ Editorial
The Central Coast – What to do with it?
As a businessperson, or an investor, or a property developer looking at the boundless opportunities the Central Coast has to offer you would have to be very frustrated with the mixed messages that you get from government.
Since the first Regional Plan for the Central Coast was introduced in the late 1970s that saw a regional shopping centre at Lisarow, which ended up in Erina a few years later, we have seen a plethora of plans and reports to guide the growth of the region.
(CCBR’s research library contains all these reports – and more!)
Not one has been acted on!
Read more about this story in CCBR February issue.
Front cover story -
The Conway Family – Central Coast Ferries
George and Bets Conway have had a significant presence on the Central Coast waterways, in their local community at Saratoga and in the boat building industry since the mid 1980Sm when they and there family moved from Sydney’s Balmain and worked with the well known luxury yacht builder Warren Yachts at Kincumber for many years while in his spare time built ‘MV Magic of Gosford’ which they later sold.
Subsequently, in 2006, the Conways took over the Central Coast Ferries service and it as a passenger service together with their two eldest sons as skippers in response to community backlash after the original ferry service was closed down.
Read more about the Conway’s story in CCBR February issue.
Stevens Group Wins UDIA NSW Award
The completed Toronto Lake Macquarie residential development, Foreshore by Stevens Group, has been recognised by the Urban Development Institute of NSW (UDIA NSW), as this year’s award winner for excellence in NSW Regions & ACT Development category.
Read more about this story in CCBR February issue.
Sydney restaurateur buys Budgewoi hotel
Hotel brokers, HTL Property have announced the sale of The Coast Hotel at Budgewoi for $15 million.
Overlooking Budgewoi Lake, the hotel has been sold to well known restaurateur Bill Drakopoulos of Sydney Restaurant Group (SRG) following a keenly contested off market sale process.
Harvest Hotels, led by Sydney-based publicans Chris Cornforth and Fraser Haughton, will spend $5 million upgrading the 1897-built venue.
Read more about this story in CCBR February issue.
Another Central Coast Plan!
December 6th 2021 saw the NSW Government announce another Central Coast Plan, the Central Coast Regional Plan 2036. The third in twelve years and totally at variance with the 2016-2036 Growth Plan in particular.
While the focus of the 2016-2036 Plan was on population growth with an extra 77,000 people living in the region by 2036 and the creation of 24,674 jobs there is absolutely no mention of such in the new Plan. Further, the Northern Growth Corridor (Warnervale-Tuggerah) and Southern Growth Corridor (Somersby to Erina) concept of the previous Plan have been abolished in favour of four “Places” across the region
GSC appoints Executive Director with focus on Coast
Sarah Winter
The Greater Sydney Commission has announced the appointment of Sarah Winter as Executive Director Central Coast and Macquarie Park Precincts based on the Central Coast to lead the Commission’s work on the Central Coast jobs and economic strategy and the Macquarie Park innovation precinct.
She joins the Commission from Deloitte, where she has been Partner for Investment, Infrastructure and Impact.
PROPERTY NEWS
Interpod leases Berkeley Vale factory
Manufacturers of modular bathrooms, Interpod Australia Pty Ltd will relocate their operations from Sylvania Way, Lisarow to a recently built stand- alone factory at 30 Apprentice Drive, Berkeley Vale.
Interpod have signed a 7 year lease with 7 year option at an undisclosed rent on the 8,500sqm steel construction building on a 2.94 ha site in the Berkeley Vale Industrial Area.
Brad Rogers from Raine & Horne Commercial Central Coast negotiated the lease in conjunction with Ben Byford and Peter Mangraviti from CBRE.
coast
CCBR reports on the latest Central Coast business news, issues and major developments, plus industry updates, commercial property market news, business tips, business sales, executive appointments and much more.