In 1980 the government set up the Yulara Development Company Ltd to develop tourist accommodation, staff housing and a shopping centre. The first stage of the resort was built between 1982 and 1984 for the Northern Territory Government by Yulara Development Company Ltd., at a cost of A$130 million. The resort was designed by Philip Cox & Associates and won the Royal Australian Institute of Architects (RAIA) Sir Zelman Cowen Award in 1984.