Clive Palmer promises Coolum resort reopening in 2027

Renovation work begins now

Palmer confirmed the site will open next year following recent hiring of tradespeople. The billionaire purchased the Hyatt Regency location in 2011 before shutting it down four years later. A spokesman stated the reopening target is mid-next year while renovations gather momentum on site. Workers are currently visible at the property as construction activities continue.

History of delays and disputes

Mr Palmer originally promised a $100 million redevelopment in 2021 that included famous landmark replicas. That project faced repeated delays and was due for completion in 2022 but has not finished. The facility previously employed 700 people across more than 300 rooms and villas before closing in 2015. In 2023, the Fair Work Commission found some of 125 dismissed employees were treated unfairly.

Local residents remain sceptical

Casey O'Hare from Coolum Business and Tourism noted locals hope for restoration but doubt repeated broken promises. Retired builder Mark Hatfull recalled how the world-class facility transformed the region from a backwater in the 1980s. Councillor Taylor Bunnag said existing infrastructure is quite run down despite the potential benefits of reopening.