PLANS for a $28 million adrenaline water park with 11 rides and a capacity to host an estimated 300,000 people each year are before Fraser Coast Council.
Dubbed Splash Bay Waterpark, the development is to be situated in Urangan on land flanked by Pulgul St and Charlton Esplanade.
The majority of the park will be built on the site of the old Anchorage Caravan Park.
A second vacant block that fronts Pulgul St is designated as parking, principally for buses.
Adjoining land is set aside for future expansion.
"This development is worth $28 million but with the flow-on tourism benefits, the effect on the real estate sector and employment, it could be worth $170 million ," Adam Perrier, regional manager of Core Architecture, said.
Mr Perrier indicated orders had already been placed for the anchor rides.
Core Architecture is designing and project managing the development.
The names for the rides include Tornado Water Ride and Tantrum Alley and are suggestive of the type of experience to be offered in the park.
Less challenging rides and experiences will cater to infants.
The Boat Harbour and Sea Shell resorts flank the proposed development site.
They contain a total of 49 dwellings ranging from units to bungalows and townhouses.
Robin Dick, manager of the two accommodation houses, praised the project and rejected suggestions that noise or traffic would be an issue.
"This would be a big thing for tourism," Mr Dick said.
"If you have got a money machine next door it will be great for all our owners, great for all the other types of accommodation in the Bay and will bring jobs.
"I hear that there are going to be jobs for 40 lifeguards to look after the 11 rides."
Mr Dick said he had canvassed tenants and owners and there was almost total support for the plan.
Update your news preferences and get the latest news delivered to your inbox.