The project is now in the design phase, following the announcement of Multiplex Constructions as the successful tenderer.
The new hospital will deliver 404 new beds for the Gold Coast region.
This will include surgical, medical, ambulatory, sub-acute, emergency and mental health treatment facilities.
Northern Gold Coast residents can also expect a satellite medical imaging department, as well as new operating theatres, endoscopy rooms, birthing suites and consult rooms.
Specialty services will also be available at the Coomera Hospital including Intensive Care, Coronary Care and a Special Care Nursery.