Riverbend Park is set to move in the final stages of completion after the last development application was lodged.
The application was submitted last week by Commercial Project Delivery on behalf of the City of Launceston council.
It is a request for a change of land use to passive recreation.
Previous permits allowed for works to occur at the site to develop it into a public park, but because Boral was yet to relocate at the time, sign-off to declare that the site was free of contamination and suitable for public use was not able to be obtained.
A Pitt and Sherry report said remaining contamination was unlikely to pose an unacceptable risk.
The North Bank Precinct development project stems from the draft North Bank Master Plan Vision that was completed in 2013. It sought to develop a plan for the are that included mixed land uses, unique built form and recreational opportunities.
The development application said the park is not expected to exacerbate existing performance issues at the Lindsay Street and East Tamar Highway junction during peak times. However, a 106-space car park is expected to increase the number of traffic movements at the site per day.
The application is open for comment until March 24.