Homecorp Group CEO, Mr Ron Bakir, has welcomed the master plan approval of 950 lots from Rockhampton Regional Council.
Bakir said the future community currently known as the ‘Pineapple Patch’ region will be transformed over the next eight to ten years into a fully master planned community.
“The project site, currently known as Pineapple Patch, will become one of the Capricorn Coast’s most aspirational addresses for over 950 families.
“As a ground breaking $500 million community, it will feature in excess of 25 hectares of green open space, which is approximately four MCGs worth of parklands.
“Rockhampton and surrounds are seeing continued economic growth and population increase due to its lifestyle opportunities and housing affordability.
“We thank Rockhampton Regional Council for their proactive approach and desire for community growth.
“Homecorp Group’s new community will be launched in early 2014 under a new name and identity paying tribute to the heritage of the site and casting a vision towards an aspirational future.
“We expect this community will be home to 2500 people and create more than 500 job opportunities throughout its almost 10 year construction period.
“Homecorp Group will celebrate its 10 year anniversary in 2014 and this community marks the beginning of our growth in to world class master planned communities,” said Mr Bakir.
Homecorp Group is headquartered on the Gold Coast and has been operating across Australia since 2004. HomeCorp Group CEO Mr Ron Bakir was named Gold Coast Young Entrepreneur of the Year in November 2013.