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Home Oceania Australia

Billionaire Clive Palmer Announces 2027 Reopening of Coolum Resort After Ten-Year Hiatus

by Theinsightpost
November 9, 2026
in Australia
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Billionaire Clive Palmer Announces 2027 Reopening of Coolum Resort After Ten-Year Hiatus

Revitalization Plans for Clive Palmer’s Coolum Resort

Billionaire Clive Palmer has commenced efforts to rejuvenate his upscale resort on the Sunshine Coast, aiming to reopen the long-abandoned site after a decade of inactivity.

The Queensland mogul acquired the Hyatt Regency resort in Coolum in 2011, but closed its doors only four years later.

Palmer announced a redevelopment initiative worth $100 million in 2021, which will feature replicas of iconic landmarks, including Rome’s renowned Trevi Fountain.

Clive Palmer erected a large Tyrannosaurus rex named Jeff at his resort in 2012, before it tragically burned down in 2015. (AAP: Dave Hunt)

The redevelopment, originally slated for completion in 2022, has encountered numerous delays.

Recently, various job openings at the resort have been advertised, including positions for skilled laborers, painters, security personnel, electricians, and plumbers. A spokesperson for Mr. Palmer confirmed to the ABC that the resort is expected to reopen by mid-next year.

Current renovation activities have been observed on-site, signaling the commencement of the project.

workers clearing gutters
Workers were seen clearing gutters at the Palmer Coolum resort. (ABC Sunshine Coast: Owen Jacques)

At its peak, the resort employed around 700 individuals and boasted over 300 luxurious rooms and villas, a day spa, and a popular village green. The site also hosts an 18-hole golf course that previously served as the venue for the Australian PGA Championship for 11 years, from 2002 to 2012.

After a legal dispute with Hyatt in 2012, Mr. Palmer rebranded the resort in his name, but subsequently closed it in 2015.

In 2023, amid allegations of theft and fraud, 125 employees, including numerous tradesmen, were dismissed; however, the Fair Work Commission later deemed some of these dismissals as unjustified.

Norman plays a shot on the fairway at Coolum
Greg Norman plays a shot on the 13th fairway during the Australian PGA Championship at the Hyatt Regency Coolum in 2011. (Getty Images: Bradley Kanaris)

Community Reactions: Hope and Caution

Local residents have expressed optimism about the potential revival of the resort, reminiscing about its once-glorious stature.

“It would be extraordinary … everyone would support it,” stated Casey O’Hare, vice-president of Coolum Business and Tourism. “It was an absolutely gorgeous destination … a fantastic asset for the Sunshine Coast.”

However, Ms. O’Hare acknowledged local skepticism due to previous unmet promises regarding the resort’s reopening.

fence with gates and closed sign
Clive Palmer’s resort in Coolum has been closed since 2015, but renovations have now begun. (ABC Sunshine Coast: Owen Jacques)

“I’ll believe it when I see it, given the history of postponed reopenings,” she added.

Retired builder Mark Hatfull, who helped construct the original resort in the 1980s, recalled its transformative impact on the region. “It elevated us from obscurity to a prominent destination … it was truly a blessing,” he remarked.

Man in front of barbed wire fence, standing over bicycle.
Residents like Mark Hatfull hold hopes for the resort’s restoration. (ABC Sunshine Coast: Jessica Ross)

“The gym and spa were extraordinary … like something out of a fantasy. Clive operates his business in a way that one day a place may open, while the next, it is closed again.”

Local Councillor’s Perspective

Councillor Taylor Bunnag, who grew up near the resort where his father worked as a greenkeeper, expressed cautious optimism. “If it reopens, it would be a fabulous outcome, but I fully understand the community’s skepticism,” he stated.

“The existing infrastructure needs attention. The ‘devil is in the detail’ of these proposals,” he declared.

“There have been numerous promises that the Palmer Resort would reopen, yet none have come to fruition,” Cr. Bunnag was quick to point out.

rundown swimming pool
A swimming pool area in disrepair at the Palmer Coolum Resort in December 2017. (Supplied: Maree Frecklington)

Cr. Bunnag reiterated that a renovated resort would address the current shortage of accommodations, especially with the Brisbane 2032 Olympics on the horizon. “We will require thousands of additional hotel rooms to accommodate the expected demand,” he emphasized.

While he acknowledged that no concrete proposals regarding the landmark replicas have been presented, he noted, “I can only speculate that some parts of the resort may open while others may not.”

A representative from the Sunshine Coast Council announced that the site holds an active approval for a resort and related community facilities, indicating that no further approvals are required as long as development adheres to existing conditions.

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