The global demand for renewable energy is accelerating the development of offshore wind technologies. Floating offshore wind turbines (FOWTs) are a promising solution for harnessing wind resources in deep-water locations, yet high capital costs, technical complexity, and design uncertainties continue to constrain large-scale deployment. To address these challenges, optimization strategies and a multidisciplinary design approach are essential to improve turbine performance, reduce costs, and accurately capture the coupled dynamic and hydrodynamic behavior of the system. This thesis evaluates the technical and economic feasibility of an offshore wind farm along the Queensland coast in Australia, considering both site-specific conditions and turbine performance.