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$20 MILLION QUEENSTOWN MARINA UNDER CONSTRUCTION

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November, 2017

Construction of Queenstowns long-delayed $20 million Frankton marina
has finally begun.
Lakes Marina Projects (LMP) is creating 187 floating berths, 17 floating
sheds, four other structures, a breakwater and a 156-space carpark.
The development follows an agreement with the landholder, the
Queenstown Lakes District Council.
Mayor Jim Boult says: This is a huge milestone for this long-awaited
project and the wider Queenstown community.
As a past boatie and the owner of a berth in the ill-fated earlier
marina, Im delighted to see this well-planned development pro-ceed.
In my view, boat owners district-wide will applaud this development
loudly.
The first stage, comprising 80 to 90 berths and all the other facilities,
will be completed in 12 to 18 months.
Work began on site this month.
LMP is 90 per cent owned by Iranian-born entrepreneurs, brothers Iraj
and Nasser Barabi, from Californias Silicon Valley, and 10 per cent by
local boatie Alan Kirker.
Nasser believes the resort will benefit from having a messy area by the
main entranceway tidied up.
Besides opening up amazing views, he says therell be many spin-offs
from making Lake Wakatipu more attractive for boaties.
LMPs leasing the berths, ranging from eight to 18 metres long, for a
minimum of about $8000 a year.
Kirker says hes had enquiries from all over  were talking Hong Kong,
England, Switzerland.
One Aussie boatie wants a timeframe so he can get his boat built.
His companys also leasing floating offices for cafes and marina-
compatible businesses.
Nasser says the boardwalk they front on to, running parallel to Sugar
Lane and the Frankton Track, will be world-class.
Youve never seen anything like it before.
He believes the marina environment will attract locals wanting to
escape the busy downtown.
Nasser and Iraj already own several local properties.
Nasser, who owns Earnslaw Lodge with his wife, also this month saw the
completion of a Frankton Flats manufacturing building. Itll be used by
the brothers US company, Essai Inc, which services semiconductor and
electronic consumer companies.
Meanwhile, most of the marinas physical works wont start till late
February, after the busy summer holidays.
Kirker, whose father co-instigated the Te Anau marina in the early 60s,
says theres no concern that strong winds, which destroyed an earlier
floating marina, will be a problem.
Its all on telescopic piles, and its been designed for the westerly and
the southerly.

Source: Mountain Scene

 

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