37th AC creates superyacht boom for Brisbane
The 37th America’s Cup could be the catalyst for a superyacht boom in Brisbane with dozens of luxury vessels tipped to visit our shores ahead of the 2025 event in New Zealand.
The world’s oldest sporting competition will once again stay in our region after Emirates Team New Zealand sailed to victory for their fourth Cup win. Rivergate’s exciting plans for a multi-million-dollar expansion are perfectly timed to accommodate the influx of superyachts attending the next America’s Cup – enabling them to spend longer in our region. The expansion would also include extra berthing options, extensive hardstand space, 3 new refit sheds, a 5-storey trade centre and resort-style crew accommodation.
Our spectacular coastline and Queensland’s proximity to New Zealand are already big drawcards for visiting superyachts. At the same time, Brisbane is currently going through a monumental change with many exciting projects on the horizon over the next four years.
Evolving into a renowned global city, some of the key developments residents and visitors can look forward to are Queen’s Wharf, a $3.6 billion-dollar integrated casino resort precinct, Brisbane Live, a large-scale inner-city precinct featuring an 18,000-seat entertainment arena complex, and Victoria Park Vision, a large parkland redevelopment project at the Victoria Park Golf Course.
The expected influx of vessels that the Rivergate expansion could attract would contribute millions of dollars to the Queensland economy in a massive boost for the marine and tourism industries. The America’s Cup is renowned around the globe as the pinnacle of yacht racing and is a magnet for the world’s most experienced sailors. More than 1,300 boats gathered in the waters of Auckland’s Waitemata Harbour during this year’s race event.