The City of Launceston will lodge a Development Application this week to conduct major works at North Bank.
The council said the $9.15 million project would transform the area into an unprecedented recreational space for residents and visitors.
This week’s application will be for the majority of the remainder of the project works, after the council submitted an application for initial civil works in July.
The latest application will take in all works at the site other than the car park, the signature play equipment and major structures such as the amenities block.
The North Bank redevelopment will feature four distinct play zones, an all-abilities play equipment, as well as recreational trails, event spaces and natural play areas.
A signature 11.7 metre-tall Sky Walk – the state’s largest – has been touted as the jewel in the crown.
More announcements on other equipment is expected in the coming months.
The project is expected to be completed by the middle of next year, with work on the pedestrian and bike bridge across the North Esk at Seaport due to start in the next several months.
The proposed 120 metre-long bridge would have a central span of around 60m, designed to withstand flooding.
With a width of 4 metres, the bridge will be constructed to allow pedestrians and cyclists ample space to pass each other.
Launceston mayor Albert van Zetten said the project promised to create an exciting area.
"North Bank will become a fantastic recreational hub for the city,” he said.