The Tasmanian Government has begun its search for a suitable partner(s) to develop a new iconic tourism experience at the Cradle Mountain Gateway Precinct, located on the edge of the Tasmanian World Heritage Area.
Colliers International has been appointed to assist the State of Tasmania to identify a suitable partner(s) for the potential development the Cradle Mountain Gateway Precinct, which the Government will contribute up to $5 million as part of a co-investment to develop this iconic experience at this unique site.
The Cradle Mountain – Lake St Clair National Park is a world-renowned heritage precinct and national park which forms part of the UNESCO Tasmanian Wilderness World Heritage Area.
Leading the search for a potential development partner, Karen Wales Director of Colliers International Hotels said, “The Tasmanian Government is committed to the implementation of the Cradle Mountain Visitor Experience Master Plan to ensure this iconic Australian site is preserved for future generations and provides visitors with an outstanding visitor experience.”
“The Tasmanian Government aims to attract private investment to assist in the provision of a high-quality sustainable tourism development at the Cradle Mountain Gateway Precinct to encourage visitors to stay longer and return to Cradle Mountain.”
Located on the edge of the National Park, the Gateway Precinct provides the entrance to the wilderness area and is the access point to nearby Dove Lake and the departure point for the world famous Overland Track.
It is also the access point for the proposed Cradle Mountain cableway, which State and Federal governments have committed a total of $60 million to the construction of, providing hundreds of thousands of visitors with all-year, all-weather transport between the precinct and Dove Lake.
Associate Director of Colliers International Hotels, Guy Wells said, “The Tasmanian State Government is looking to partner with a developer(s) to deliver a sensitive and appropriate new iconic tourism experience to capture the anticipated increased visitation to Cradle Mountain and Dove Lake.”
“The current opportunity is for the development of the Gateway Precinct to create a village centre and provide complementary tourism and commercial activities.”
“Future development will primarily be undertaken on a long-term leasehold basis. It is envisaged that the unique tourism offering will include food and beverage services, accommodation, experiential leisure and appropriate retail.”
“Proposals should have a strong focus on showcasing Tasmanian artisan producers and highlight the connection to the wilderness location,” Mr Wells concluded.
To discuss the future development of Cradle Mountain, phone or email Karen Wales or Guy Wells via the below contact details.
See also:
New $20m luxury hotel coming to Tasman Peninsula