THE $600 million redevelopment of Lindeman Island cleared its first hurdle this week, with the Queensland Government granting the proposal "co-ordinated project status".

White Horse Australia Lindeman CEO Paul Nyholt said the company was delighted to have been granted co-ordinated project status.

"We are looking forward to working closely with the Co-ordinator General's office to fulfil our obligations and deliver a world-class tourism asset for Queensland," Mr Nyholt said.

"The project will commence as soon as all relevant approvals are in place."

The declaration of co-ordinated project status means state and federal government agencies will have input into the development's Environmental Impact Statement process.

The Co-ordinator General is expected to release draft terms of reference for the EIS for public consultation in the next few weeks.

The EIS process could take up to 18 months.

State Development Minister Anthony Lynham said the granting of co-ordinated project status marked the beginning of a process which could lead to the creation of more than 800 construction jobs a year over a four-year construction period.

The development will see the creation of a new five-star beach resort, six-star spa resort, five-star eco resort and tourist villas comprising a total of 335 suites, and a central village precinct, along with an upgrade of the existing private airstrip and construction of a safe harbour with a 50-berth marina.

Environmental work will include a Great Barrier Reef educational centre, nature reserves and vegetation replanting and coral planting programs.