Crystalbrook Collection’s transformation of Reef Marina in Port Douglas will include luxury hotel
The group will invest more than $100 million in the precinct, with plans for a world-renowned superyacht marina and a luxury waterfront 100-room boutique hotel, in addition to new residential and retail areas.
Douglas Shire Mayor Julia Leu said she was thrilled to see investment coming to the region.
“This is encouraging news for Port Douglas and we look forward to working with Crystalbrook Collection to revitalise the marina precinct,” she said.
“It’s many years since we have seen a development of this size and Crystalbrook Collection have demonstrated with their recent significant investments in Far North Queensland that they mean business and are committed to the ongoing growth of the region.”
Crystalbrook Collection are aiming to lure more high-end global travellers to Port Douglas, with CEO Mark Davie saying the site “demands a hotel of the highest calibre”.
“We have been travelling the world for inspiration,” he said. “We want to bring to Port Douglas a globally recognised hotel and an incomparable experience for its guests.”
This will be the fourth development in Queensland for Crystalbrook Collection, which already has three hotels in Cairns under construction with an investment of more than $370 million. The group also owns and operates Crystalbrook Lodge, a member of Luxury Lodges of Australia, and MV Bahama, a 27-metre luxury motor yacht berthed at Crystalbrook Superyacht Marina.