HUNDREDS of jobs and development opportunities in the Rockhampton area are on the horizon with the announcement today the Palaszczuk Government is seeking a development partner to transform the Central Queensland University (CSU) campus into a $140 million vibrant urban village.

The Deputy Premier and Minister for Infrastructure, Local Government and Planning Jackie Trad announced the opening of Expressions of Interest today.

"The project will transform 80 hectares of the university campus into a mix of residential, retail, community and recreational areas and generate up to 470 jobs," Ms Trad said.

"The development will not only enhance the role of CQU as an education destination but will provide the broader Rockhampton community with a diverse range of housing options including affordable housing and new retail and recreational amenities.

"With more than 2,000 dwellings expected to be delivered as part of the venture to transform the Priority Development Area into a vibrant urban community which integrates the university with residential, educational, retail and community facilities, this area will become part of the Rockhampton landscape.

"This next phase of the project follows the announcement of $7.65 million in funding from the Priority Development Infrastructure Co-investment Program for the provision of an intersection at the Bruce Highway and the new Main Street within stage 1 of the proposed new development.

"This is a great example of where catalyst infrastructure can help the next stage of a development get off the ground.

"This development will activate a large parcel of development-ready land in Rockhampton ripe for growth, with social benefits for the community and retail precincts."

Member for Rockhampton Bill Byrne said the development would be a major boost for the region.

"This is an exciting announcement for Rockhampton and will pave the way for new jobs and development opportunities for our local residents," Mr Byrne said.

Member for Keppel Brittany Lauga said this was an exciting major project for the city.

"More than 2000 new homes will be built as part of this development and most importantly, this project will provide affordable housing within walking distance of the University," Ms Lauga said.

CQU Rockhampton was declared a Priority Development Area in 2011 and since that time Economic Development Queensland has been working closely with the university and Rockhampton Regional Council on potential development opportunities.

More information about the EOI can be found on the QTender website at www.hpw.qld.gov.au/qtenders/