CCBR Business Review

14 M A J O R S T O R I E S Providing you with Financial Peace of Mind Financial Services Provider • Life Insurance • Superannuation • Financial Planning • Wealth Creation • Aged Care Planning Unit 4, 3 Pioneer Avenue, Tuggerah NSW 2259 Email: service@abaffinity.com.au AFSL: 244252 Call (02) 4355 9999 www.abaffinity.com.au Cranes highlight confidence in Gosford AS 2018 COMES to a close there are sixteen cranes dotting the Gosford skyline and the Central Coast has made it onto the RLB National Crane Index. This index is a measure of investment confidence in cities nationally and internationally. Gosford City is undergoing a transforma- tion as government and private invest- ment flows in and the promise of more to come as the State Government’s Gosford Revitalisation plan is implemented. St Hilliers, one of Australia’s leading private, integrated property and construction groups acquired the former Gosford Primary School site of 1.13 hectares overlooking Brisbane Water in 2016 and is completing a 7-level commercial building on the site for the Department of Financial Services. StHilliers has plans for a residential and hotel development on the remainder of the site. Meanwhile the new $348 million 11-storey Gosford Hospital was opened in June 2018. A new 800-space car park adjacent to the hospital is currently under construction and will open in early 2019. Residential developments Currently there are around 700 residential apartments under construction in Gosford with an estimated further 250 to com- mence construction in 2019. John Singleton Group In the City Centre the John Singleton Group’s Bonython Tower development is close to completion. This 12 level landmark development with 56 luxury apartments plus 1,360 sqm of commercial office space on levels 2 and 3 and ground floor restaurant is evidence of Mr Singleton’s faith in the future of Gosford. Late 2018 saw the John Singleton Group announce that construction of Ravello, a 9-level development with 45 luxury resi- dents on the Gosford Waterfront, would commence early in 2019. During 2018 Mr Singleton completed the building of a new restaurant on the Pacific Highway at Mt White near Gosford. Saddles Restaurant and Bakehouse and adjacent wholesale nursery is built on a 10 hectare site and represents an investment of more than $5 million. John Singleton Group’s Bonython Tower in Gosford, nearing completion John Singleton Group will start construction of Ravello on the GosfordWaterfront in early 2019 CENTRAL COAST BUSINESS REVIEW YEARBOOK 2018