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The redevelopment project - which is a joint initiative between the Launceston City Council, the state government and Tourism Northern Tasmania - would focus on the Cataract Gorge, its surrounding reserve, and the Trevallyn nature recreation area.
The Gorge reserve includes the cliff grounds and Cataract walk, Duck Reach, the First Basin, and the paths leading in, out and around the area.
The Trevallyn nature recreation area includes Aquatic Point and Lake Trevallyn, the Hoo Hoo hut barbecue area, the Trevallyn Dam picnic area, the Churinga Archery Club, and the equestrian area.