A newly formed Sunshine Coast company Sanad Capital Pty Ltd has announced its first Australian venture with the support of Najibi, a leading Dubai-based investment group.
The $400 million active sports theme park is planned for the Sunshine Coast, and anticipates further similar developments down the track.
The project is yet to be named but has the preliminary approval of the Sunshine Coast Council. It is influenced by major global action sports projects in Dubai and elsewhere around the world.
According to Bradley Sutherland, Sunshine Coast based CEO of Sanad Capital, it will aim to wow outdoors and action sports enthusiasts in a natural, healthy environment that enables families to reconnect and spend quality time together.
“We are creating a lifestyle, an outdoors haven which sunny coasters can enjoy at their disposal. We have the best year-round climate in the world, so we intend to make full use of that,” says Sutherland.
Sutherland says the project will bring employment opportunities which could lower the above average youth employment figure of 8.9 per cent in the area. He estimates up to 2000 direct and indirect jobs throughout construction, and a further $29 million annually in salaries and wages when complete.
Sutherland is a Queenslander returning home after 21 years in Dubai where he spent his time building a diverse range of special projects and investment ventures.
“One of our primary objectives is to boost tourism and generate jobs. We want to shed light on our beautiful environment here on the Sunshine Coast, our unique lifestyle and home grown resources and talent,” he says.
Following his international success, Sutherland teamed up with his brother Greg and long-time friend David Baird, to fulfil a lifelong dream of seeing more community-centric ventures flourish on home soil.
“Essentially, we’re looking to support economic growth on a community level within the region by delivering unique projects and brands,” he says.