Lakes Marina Projects co-director Iraj Barabi, of California, said he and fellow directors Alan Kirker, of Queenstown, and his brother Nassar Barabi, were ''very excited'' to finally be able to progress the development, and construction would possibly begin early next year.
''We have been ready to start the project [for some time], but there are agreements and legal things we've got to work out.
''Next year, early next year, we'll start.''
The company was granted consent by the Queenstown Lakes and Otago Regional councils in February - subject to 88 conditions - but the decision was appealed to the Environment Court by Ian and Annette Tulloch.
In his written decision, dated June 3, Judge Jon Jackson said D. M. Warrington and Marina Baches Management became section 274 parties to that appeal.
However, subject to five amended or additional conditions, the appeal was resolved and consent granted.
Those were for the company to consult the Tullochs and Marina Baches Management Ltd before submitting the construction site management plan to the council; three parking conditions, including installing barrier arms, or similar, charging commercial rates for those parks; and erecting signage identifying 14 long-term parks.
Two other conditions related to the Sale and Supply of Alcohol Act, restricting the marina to four licensed premises and prohibiting any off-licences.
Judge Jackson said the appeal was otherwise dismissed and made no order for costs.
Mr Kirker said the trio had worked for more than four years on the project and if construction began early next year, it was hoped the first of two stages would be complete next Christmas-New Year.
''The community, as you well know, they've been behind us 100%. The community, I would say, [will be] ecstatic.
''It's here. It's going to happen.''
Lakes Marina Projects was named in 2012 as the council's preferred developer for the marina.
On completion it will comprise 195 berths - 85 being constructed in stage one, a 320m breakwater, a 150m retaining wall, a jetty and associated features; a car park and a total of 17 buildings, to be leased to users of the marina for personal and/or commercial activities ancillary to the marina.