The resort proposal at American River has gone on the market, either as a direct investment or a joint venture.
Colliers International has been appointed as the exclusive selling agents and is managing the international expressions-of-interest campaign for the American River Resort proposal on Kangaroo Island.
Developer, CCC, is seeking parties to participate either as a joint venture under a fund through structure, or a turnkey delivery to deliver a luxury resort on the island, which boasts one of Australia's most pristine natural landscapes, the Colliers promotional material reads.
"This is the opportunity to participate in the development of an approved 100-room upper upscale resort on a significant landholding with the opportunity for future additional luxury villa accommodation and the development of a staff village," said Karen Wales, director of hotels at Colliers International.
"The American River resort is proposed to be operated under the Cordis brand, by Langham Hotels & Resorts and with future luxury villas to be operated under the Langham brand."
CCD Hotel & Resorts together with its sister company, City & Central Consulting, is a hospitality developer and investor with activities in Thailand, US and Australia.
Kangaroo Island Mayor Pengilly expressed disappointment that yet another approved development was up for sale.
"Good news and announcement stories are one thing," he said. "But we need to see action and things followed through on the ground. This is seems to be happening with a lot of these proposals."
KI Commissioner Wendy Campana confirmed that representatives from both the CCC development company and Langham Hotels attended a development forum on KI in December.
She was of the understanding prior to this latest sales announcement that the project was moving ahead.
The resort proposal, located on 32 acres at 84 Thomas Road near the corner of Redbanks Road and Buick Drive, has development approval from the State planning authority.
But securing water was always going to be an issue, with initial plans to truck water in but eventually tie into the water pipeline being planned by developers of the proposed golf resort at Pennington Bay.
The developers of proposed The Cliffs golf resort meanwhile are also continuing discussion with investors and also State planning authorities regarding management plans.
The Islander meanwhile reported in early March that work on tidying up the site of the proposed American River Resort site had happened.
Trees were removed along the fencelines to create an adequate fire break while dead trees and the remains of several old buildings were also removed.
Some of the old timber and iron sheeting that may have historical significance was being saved, as well as the old American River fire truck, which will be sent to a museum at Naracoorte for restoration or to be used for spare parts.
KI selling points
Guy Wells, associate director, Hotels at Colliers International says that demands for accommodation on the island has risen in recent years.
"Direct connectivity to Australia's major capital cities has increased demand for higher quality tourism infrastructure and accommodation options on Kangaroo Island with a very high proportion of visitors choosing to stay overnight.
"Growth in overnight stays has increased on average by 4.9 per cent per annum over the past four years."
With 509 km of expansive coastline, pristine beaches and jaw-dropping sunsets, the Island attracts over 200,000 visitors each year with a high proportion of international visitors.
"American River resort will transform this spectacular destination into a sanctuary for young and old," said Alistair Mackie, national director, Hotels at Colliers International.
"Designed by Cox Architecture, the resort has adopted a design philosophy which seeks to blend the resort into its stunning natural environment."
Colliers publicity material reads: The proposed resort is located only 30 minutes from SeaLink's Penneshaw ferry terminal and about 20 minutes to Kangaroo Island (Kingscote) Airport, with the recent introduction of air services by national carrier Qantas providing a major boost to the Island's tourism.
Kangaroo Island sits 112km southwest of Adelaide, it is the third- largest island in Australia and one of South Australia's most popular tourist attractions.
The Island is a nature lovers' delight and boasts a wide array of unique landscapes and wildlife. It is also home to the globally renowned Flinders Chase National Park.
The international expressions of interest campaign for American River Resort will close 4pm on Tuesday, May 21.