A multi-purpose centre for tourists and the Yarrawonga Football-Netball Club, valued at $4.3 million, is a highlight of the 10-year plan for the Yarrawonga Holiday Park.
The $30 million master- plan has been released ahead of the Moira Council considering another lease for the management committee on Monday night.
The annual $200,000 lease expires next year and the committee is seeking a 21-year extension.
Another plan feature is an indoor sports centre between the J.C. Lowe Oval and the swimming pool to be used for netball, basketball, badminton, indoor cricket, gymnastics and indoor soccer.
The J.C. Lowe Oval multi-purpose centre will have conference facilities and a gym.
An indoor bowling alley and cinema are proposed along with a boardwalk, viewing decks and interpretive centre.
Committee member Allan Porter said it was important the holiday park stayed in local hands.
“We believe Yarrawonga and the region needs this sort of leadership and vision,” he said.
“We need to capitalise on potential government funds and we need to support tourism as an economic driver.”
He urged the council to extend the lease to provide certainty of tenure.
The plan involves 24 projects in six zones.
Mr Porter said the site would be “truly unique” in providing affordable accommodation and year-round sport and recreation activities for schools, sports groups and businesses.
The 10-year plan would cost $29 million.
“It has been a long time since the region has seen this level of investment proposal,” Mr Porter said.
Committee deputy chairman Glenn Brear said it was rare for a committee to take the lead.
“We felt it was necessary to demonstrate the vision,” he said.
“The committee has not sought council funding in the first three years.”
Opal Project Solutions, operated by former council director Paul Squires, compiled the plan.