The northern Gold Coast is set for a massive multi-billion-dollar transformation following the state government’s official approval of the Dreamworld Masterplan.
In a decisive move to revitalise Queensland’s tourism sector, Deputy Premier Jarrod Bleijie greenlit the 55.3-hectare project, which promises to evolve the region over the next decade.
The decision aims to inject fresh economic energy and certainty into one of the state’s most iconic holiday destinations.
The masterplan will carve the site into four precincts, striking a balance between entertainment and modern urban living.
Beyond securing the continued operation and expansion of Dreamworld and WhiteWater World, the blueprint clears the runway for new resort complexes, short-term tourist accommodation, and eco-tourism boardwalks.
In a major boost for housing, the plan also addresses local infrastructure demands by integrating high-density housing, retirement facilities, and retail spaces directly adjacent to heavy rail.
The fast-tracked approval is being described as a major win for the State Government, which called-in the development application in late 2025 to take the decision making away from Council.
Deputy Premier Bleijie said the decision signals Queensland is officially “open for business” ahead of the 2032 Olympic Games.
“This approval gives Dreamworld the certainty it needs to invest in its future, create jobs and secure this iconic Queensland destination for generations to come,” Deputy Premier Bleijie said.
“Queensland is open for business again, and we’re backing projects that create jobs, attract investment, increase housing supply and strengthen our tourism industry.
“This approval is about more than one project, it’s about giving investors the confidence that Queensland has a government focused on delivery, not delay.
“A stronger economy means a better lifestyle for Queenslanders, and that’s exactly what we’re delivering by backing projects that support jobs, tourism and housing ahead of the 2032 Games.”
To manage the massive influx of growth, the approval comes with strict conditions, ensuring the local road network is upgraded.
CEO Greg Yong hailed the site as one of the most compelling mixed-use development opportunities in Australia.
“With a shortage of quality hotel accommodation between the northern Gold Coast and Brisbane, and momentum building towards the 2032 Games, we’re well placed to help close that gap, while also delivering new amenity, jobs, and much-needed housing close to heavy rail,” Mr Yong said.
“We welcome the Queensland Government’s support for private investment that helps drive sustainable growth.”
