Palmer Coolum resort targets 2027 reopening after $100 million redevelopment push
More than a decade after the Coolum resort closed, owner Clive Palmer says the Queensland property is set to reopen in 2027. The planned revival centers on a $100 million redevelopment and comes as hiring activity signals renovation work is now moving ahead.
Highlights
- Palmer's Coolum resort, closed since 2015, targets a 2027 reopening following a $100 million redevelopment initiative underway with active hiring.
- Redevelopment plans for the former Hyatt Regency may feature replicas of global landmarks and aim to reinstate over 300 luxury rooms, day spa, and golf course facilities.
- Despite potential local economic benefits in tourism and jobs, skepticism persists due to past failed reopening pledges and the property's current rundown state.
Redevelopment plan and reopening timeline
As reported by ABC News, Palmer says the former Hyatt Regency resort at Coolum will reopen in 2027 after shutting its doors in 2015 and remaining idle for about a decade.Palmer bought the luxury resort in 2011 and has repeatedly said he would overhaul the site. Recent job advertisements for skilled labourers, painters, security guards, electricians and plumbers indicate work is under way, with a stated aim of reopening by the middle of next year.
The property was once one of the Sunshine Coast's best-known five-star destinations, with more than 300 luxury rooms and villas, a day spa and a golf course. The course hosted the Australian PGA Championship from 2002 until 2012, underlining the resort's former role in the region's tourism and events market.
Local economic hopes meet lingering doubts
Palmer has committed $100 million to the redevelopment, which may include replicas of landmarks such as Rome's Trevi Fountain. If completed, the project could restore a major tourism asset for the Sunshine Coast and support jobs linked to hospitality, construction and local services.Local reaction remains mixed, however, because earlier reopening pledges did not materialize. Councillor Taylor Bunnag says a refurbished resort would be welcomed by the community, but the site's current rundown condition has also raised questions about whether the latest timeline and plans will be met.
Earlier, we reported that Menara Asia launched the Menarabena platform to link contractors with certified building material suppliers and compliance documentation.
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