Thinkwell Group will lead the design of Sanad's active lifestyle attraction in Australia
The Sanad Capital investment group is planning an AU$400m (US$302m, €271m, £245.6m) “active lifestyle” destination in Queensland, Australia.
Sanad – the Australian offshoot of Dubai-based investment firm Najibi Group – is financing the “never-before seen in Australia” project, which will feature extreme water facilities and an Olympic-standard training centre.
The mixed-use project will also have a 4-star hotel, conference and exhibition centre, restaurants and retail elements.
The development is expected to officially break ground in 2017, with further details to be released later in the year. Los Angeles-based Thinkwell Group have been named lead consultant on the Sunshine coast project, which is expected to inject AU$30m (US$22m, €20m, £16.5m) into the local economy each year.
The development will include a number of records and first by WhiteWater West, the waterslide designer and fabricator, including Australia’s largest wave pool, which will generate 9ft (2.7m) waves; the world's largest interactive aqua play structure which will accommodate 2,000 people at any one time; and the first slide boarding area in Southeast Asia.
Waterpark Whitewater West Australia Sunshine Coast Constrictor Boomerango Sanad Capital Najibi Group