The Queensland government has announced $4.5 million in funding for North Stradbroke Island’s Quandamooka Arts, Music and Performance Institute as part of a $25 million effort to transition the island from sand mining to tourism.

Tourism Minister Kate Jones says the project is expected to generate more than $8.5 million a year for the local economy during construction and more than $2.5 million for local businesses once up and running.

The art gallery project will include performance spaces, a restaurant and conference facilities with construction expected to be completed by the end of 2021.