RON Bakir says Yeppoon's Pineapple Patch will be transformed into a ground-breaking $500 million community.
The chief executive of HomeCorp Property Group, which is driving the 950-allotment residential development, said it would become one of the Capricorn Coast's most aspirational addresses.
The working pineapple farm on Yeppoon Rd at Hidden Valley will be transformed over the next 10 years into a fully master-planned community.
Construction will create more than 500 jobs. When complete, the development will be home to about 2500 people.
"This is a magnificent location," Mr Bakir said yesterday. "It is the gateway between Rockhampton and Yeppoon and offers residents the best of both worlds.
"We think the region has great growth potential."
For more on this exciting project, and the region's best property guide, see the print edition of The Weekend Bulletin.