Funding boost for Ocean Reef

The marina’s new project budget of $223 million will see the coastal pool become an iconic new destination, with the pool deck extended and the addition of an architecturally-designed hospitality building.
Plans for the coastal pool were initially introduced to the marina project as a result of strong community feedback and it is expected to be a significant tourism draw for Ocean Reef and Western Australia.
The announcement coincides with the release of a unique precinct-scale waterfront development opportunity through an Expressions of Interest process, which will bring the Ocean Reef town centre to life.
The government, via DevelopmentWA, is seeking a master developer to deliver the first stage sites suited to a range of retail and food and beverage options, alongside residential and short-term holiday accommodation and commercial land.
Once complete, Ocean Reef Marina will become an iconic waterfront precinct providing recreational, tourism, residential and boating facilities for local residents and visitors. The new marina will have up to 550 wet berths and a drystack for 200 boats, new boat ramps, more than double the existing trailer parking and a family beach.
In addition to the marina development, the state government is investing a further $106 million to prepare land for sale to the private sector for residential development, with proceeds to offset the cost of the total project.
Premier Mark McGowan commented: “The Ocean Reef Marina is one of the most important development projects in our state, creating more than 8,600 construction jobs, and will ultimately inject $3 billion into the Western Australian economy.”