Villas at Clive Palmer Coolum Resort, November, 2020. Picture: Patrick Woods. It s understood a handful are making inquiries into if they can still own a quarter share, but most have accepted the settlement, owner Chris Shannon said. Mr Shannon purchased a quarter share of one unit in 1990 and he said his family had several decades of fond memories spent there. The Marcus Beach resident was at the resort on Friday with several other owners collecting their personal belongings. Clive Palmerâs Palmer Coolum Resort was closed down in 2015, leaving many villa owners in limbo. It s the end of 30 years being involved here, it was an amazing time when the Hyatt was here, Mr Shannon said.