According to Minister for State Development Cameron Dick, the first stage of the redevelopment is expected to contribute about $480 million to the Mackay region as well as $620 million to the Queensland economy.
“This project has the potential to deliver $100 million in value-adding to the local economy each year once it’s completed.
“This sort of investment is a real signal that we’re open for business, we’re open for investment, and we want our tourism and other industries to grow in Queensland,” Mr Dick said.
Once operational, the resort will be able to accommodate up to 550 guests a night.
Construction is expected to commence in 2019 and completed by 2022.
What do you think of the redevelopment on Lindeman Island? Let us know your thoughts in the comments section below.
Don’t forget to subscribe to Felix Project News today to stay up to date with the latest industry news and project updates.
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Multiplex to deliver $900m Westmead Redevelopment in NSW
$2.1bn QLD Eagle Street Pier redevelopment marks new major milestone
Brisbane’s Eagle Street Pier and Waterfront Place precinct’s transformation is a step closer to becoming a reality as property developer Dexus Group lodges development plans with Brisbane City Council for the $2.1 billion Waterfront Brisbane project.
Construction on $400m Sunshine Plaza redevelopment to create up to 2,900 jobs
Construction has commenced on the highly anticipated $400m redevelopment of Sunshine Plaza in Maroochydore , with works to expand the retail centre from 73,000 square metres to over 107,000 square metres.