Construction was likely to take 18 months. "It's a $200 million development offering big time employment," Mr Walker said. "This is about creating a vibrant retail area for tourists. "With 140 rooms and 104 units the visitor population all year will be spending money in the main street. An artist’s impression of the pool area at Sea Caloundra. "Caloundra needs a really good needle in its arm to get it vibrant." Sea Caloundra will have two-storeys of retail and a medical centre. Mr Walker said Sea Caloundra would hit the market later this year with the aim to sell about 60 per cent of it and lease retail spaces.