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Lakes Marina Projects Ltd proposes to build a 200-berth marina along with offices, floating sheds and a car park, in two stages, at the end of Sugar Lane, off Frankton Rd.
Company co-director Alan Kirker, of Queenstown, said yesterday he and co-directors Nassar and Iraj Barabi, brothers based in California, intended to build 95 berths and all 156 car parking bays in the first of two stages in the development.
''We've tried in this design to have flexibility, so our next step now is to put the proposal out to the community and start taking expressions of interests to rent berths,'' Mr Kirker said.
The company had the funds to complete construction and work would begin as soon as the applications were approved by the Queenstown Lakes District Council, Mr Kirker said.
Weather and Lake Wakatipu conditions in May were optimal for building and stage one was likely to take 10 months to finish.
The directors were all sailing enthusiasts as well as developers.
''The money is there to be spent and we want to be sure, to the best of our ability, we build a marina we're proud of, but the community is proud of as well.''
Lakes Marina Projects Ltd was named in late 2012 as the council's preferred developer for the so-far unnamed marina.
Cr Mel Gazzard, chairman of the council's marina working party, said since then there had been ongoing consultation with potentially affected parties, involving working party members, council staff and the company to gain the best outcome for the community.
The parties had worked closely together to find solutions for issues as they were identified, Cr Gazzard said.
''We've been through a very long and thorough process to get to this point.
''The parties have worked together to ensure a safe and secure structure while embracing the lake landscape and a design that minimises the impact on the environment.''