# Clive Palmer Plans 2027 Reopening for Dilapidated Coolum Resort Billionaire Clive Palmer initiates renovations at his long-shuttered Sunshine Coast luxury resort property. - **Source:** [ABC Australia – Sport](https://www.abc.net.au/news/sport) - **Published:** 2026-11-10 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/208a3e0f-3586-42db-b36e-247ce6c9839b ## Resort Revival Announcement Billionaire Clive Palmer has announced plans to reopen his five-star Coolum resort by mid-2027. The site, formerly the Hyatt Regency, has remained closed since 2015 after a series of legal disputes and operational changes. Recent activity on the property suggests that renovation efforts are finally moving forward after a decade of dormancy. ## Renovation and Hiring Efforts The resort is currently recruiting various skilled tradespeople, including electricians, plumbers, painters, and security guards to facilitate the site's restoration. Workers have been observed on-site clearing gutters and performing maintenance tasks. These visible efforts indicate a shift toward active construction, although the full scope of the planned redevelopment remains largely unconfirmed. ## History of Broken Promises Local residents and officials remain skeptical due to a history of missed deadlines and abandoned redevelopment pledges. In 2021, Palmer announced a $100 million project featuring replicas of famous landmarks like the Trevi Fountain, which failed to materialize. Previous attempts to revitalize the facility have consistently faced delays, fueling significant community doubt. ## Operational and Legal Context The facility previously employed 700 staff and featured 300 luxury villas alongside a renowned 18-hole golf course. Following a 2012 legal dispute with Hyatt, Palmer rebranded the site under his own name. In 2023, the resort made headlines when 125 employees were dismissed, leading to Fair Work Commission findings regarding unfair terminations. ## Regional Economic Significance The Sunshine Coast faces a critical shortage of hotel rooms ahead of the Brisbane 2032 Olympics. Local leaders view the potential reopening as a vital asset for regional tourism and accommodation capacity. However, the current state of the infrastructure is described as run-down, requiring substantial investment to meet modern hospitality standards. ## Regulatory Approval Status The Sunshine Coast Council confirmed that the site retains existing approvals for resort and residential use. No further development permits are required from the council, provided the work adheres to original conditions. Despite this regulatory clarity, officials note that formal proposals for the previously announced landmark replicas have not been submitted. ## Community Sentiment and Skepticism Many locals hold fond memories of the resort's peak years, describing it as a transformative asset for the region. While there is strong public support for a successful restoration, the prevailing sentiment is one of caution. Residents emphasize that they will only believe the reopening is genuine once the doors actually open. ## Future Outlook and Uncertainty The project's ultimate success depends on the scale of renovations and the specific product Palmer intends to deliver. While the site remains a landmark, the lack of detailed plans leaves the final outcome speculative. Observers are now watching to see if the current hiring phase translates into a functional, operational luxury facility. ## Sources covering this story - https://www.abc.net.au/news/2026-11-10/clive-palmer-resort-coolum-reopening/107363986 — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._