THE firm tasked with delivering thrills for future generations on the Coast has been revealed in the latest step towards a new, $400 million water park for the region.

WhiteWater, a water park and attractions firm with projects in North America and across the globe, was unveiled as the firm SANAD Capital would collaborate with on its plans for a new water park and hotel facility off Steve Irwin Way.

While there is a lengthy planning process still to be carried out, SANAD Capital is eyeing off a construction start early next year on the water park featuring a wave pool capable of producing waves of up to 9ft in height, as well as an interactive aqua play structure capable of holding up to 2000 people at a time.

WhiteWater will also deliver a number of rides including the ominous-sounding 'Abyss', 'Constrictor' and 'Boomerango Manta'.

A sketch of the proposed new water park

There will also be a slide boarding area that video game interaction with water slides.

"This water park has been designed to provide a complete family experience with features for every age group," SANAD Capital CEO Bradley Sutherland said.

"The plans contain a dedicated area for tots, where kids from four to eight can make a splash, thrills for teens with the AquaLoop, as well as raft rides for the whole family to enjoy together.

"The Sunshine Coast is seeing some game-changing developments, and we wanted to add to that with this project."

The planned development site is on the left-hand side of the Steve Irwin Way heading south before the Glenview Par Three Golf Course.

Coast water park's epic promo video: Check out the intriguing action video for the Coast's new water park. Coast water park's epic promo video: Check out the intriguing action video for the Coast's new water park.

Expected to create 2000 direct and indirect jobs, the facility will also include a sport training and development centre, four-star hotel, exhibition and conference centre, cafes, restaurants and international and local shops.

Visit Sunshine Coast CEO Simon Latchford said while there was a long way to go, if it came to fruition, a development of this magnitude was ideally suited to the region.

"It would be good for the drive market," Mr Latchford said.

"It's another reason for people to come, another reason for them to come back.

He said it would make a significant difference to the overnight tourism market if future tourists could choose to do Australia Zoo and the water park over a weekend.

A Sunshine Coast Council economic development officer said the water park could open up the hinterland to a lot more people.