Stakeholders have vowed to rebuild the flood damaged Kilkivan Showgrounds.
Major flooding hit the showgrounds in January which washed away and damaged buildings, as well as destroying the arena.
A total of $500,000 was spent repairing the facility after two floods in 2011.
Gympie Deputy Mayor Tony Perrett says he hopes repairs can be finished in time to host two major national horse sport events in July and September.
"We had a facility here that we believed would be able to accommodate the amount of competitors and visitors that would be here," he said.
"That was washed away with those floods.
"The commitment not only from council, but more importantly the community, is to rebuild this facility, make certain we do get those new facilities that have that flood resilience and to make certain that we can work around it because not only that event but other events can be held here."
© ABC 2013
13:27 EDT Large and powerful surf is hitting parts of the east coast this weekend, creating dangerous conditions for much of the public, but great for experienced surfers.