The facility will finally place Brisbane on the international super-yacht radar, driving the growth of ancillary industries in Brisbane and providing an exciting new local destination.
Rivergate is adjacent to the Gateway Bridge at the Rivergate Marine and Industry Park, 15 minutes from the CBD. While Rivergate is aimed at the national and international cruising market, the local boating and broader community will be able to enjoy the cafes, restaurants and riverfront boardwalk.
Central Properties Corporations' Stephen Gosling said that principal works were well advanced with the 104-berth marina 90 per cent complete and open for business in January.
"The sea wall is also 90 per cent complete and has been built to withstand a one in 100-year storm," Gosling said.
"The road network, including Rivergate Place, has been completed with the hardstand and first travel lift scheduled to finish in December."
Rivergate is located on a 15.24 hectare site purchased from the State Government in June 2004.