Jindalee's direct factory outlet is about to get a new lease on life with a new theatre complex of six cinemas, an Eat Street-style dining precinct, and a redesigned retail section.

The DFO is one of two in Brisbane, the second out at Brisbane Airport, and after being recently sold is making changes to how it operates.

The planned six cinemas are part of a transformation project for DFO Jindalee by the site's new owners.

At Brisbane City Council's city planning committee on Tuesday, chairman Matthew Bourke said the DFO had been built on the site of the former Amazons Water Park which closed down in the 1990s.

The original construction of the DFO saw a strong protest from residents until it opened in 2007.