The development, named Lomond Banks, will transform an area of Balloch currently marked for tourism development in the local plan.

A variety of family accommodation facilities are planned, including a 60-bedroom apart-hotel, 32-bedroom budget accommodation, 131 self-catering units, 6 private houses and 15 apartments.

Visitors will also be treated to a craft brewery, boat house, leisure centre and restaurants under the plans designed by Anderson Bell + Christie. Public footpaths, dog walking routes and greenspaces will also be given landscape upgrades.

With an anticipated completion date of 2024, the project expects to bring as many as 80 full time jobs, 50 part-time jobs and to 70 seasonal posts to the area.

Andy Miller, director at Lomond Banks, said: “As you can see from our artist impressions, we are fully committed to seeing Balloch become the true gateway to Loch Lomond.

“Our plans for West Riverside and Woodbank House offer an opportunity for a unique leisure based development and with Lomond Banks, Scotland will have a quality destination that respects and compliments the surrounding area.”

Mr Miller said the vision will bring new life to the site’s extensive industrial past through improving biodiversity and providing active leisure activities, restaurants and retail, as well as private housing and holiday accommodation.

Crucially, he addded, the masterplan balances protecting the natural woodland setting that is essential to the overall character of the development and the local area, while creating a successful visitor destination that attracts families for days out, holidays and short-breaks.

“We know that our vision for the area will add tangible value to the community and to the rest of Scotland for the next 40 years and beyond,” he added.

Local people will have the opportunity to view and comment on the plans as part of the process. The application will be determined by The Loch Lomond and Trossachs National Park planning & access committee.