Aventuur has secured a final investment from RAC to deliver the state's first wave park, estimated to cost $120 million and on track for a 2027 opening.
Two years after stepping down as head of Andrew and Nicola Forrest's private interests, Andrew Hagger is launching a business to serve ultra-high-net-worth families.
A $10 million loan note, with unique user benefits, is being pitched to wave-riding locals as part of the long-awaited Perth Surf Park project's $100 million fundraising effort.
The proponent of the state's first surf park is a step closer to making the venue an Olympic training ground, bolstered by a partnership between Aventuur and Surfing WA.
A development panel has given Aventuur the green light to build the first surf park in Western Australia, with the attraction estimated to cost $100 million.
The environmental watchdog has decided not to assess the $100 million Perth Surf Park project, which is proposed to be built on a 5.7-hectare lot in Jandakot.
A proposal to build what promises to be the largest surf park in the southern hemisphere has been referred to the state's environmental watchdog for assessment.
US-based surf park business Aventuur is setting up a regional headquarters in Perth as it awaits a decision on whether it will develop and operate the proposed Cockburn surf park.