The Metro Council approved a 60% tax break for a water and snow ski park scheduled to open in Nashville.
The Gaylord Entertainment Company and Dollywood will receive the tax break for 12 years.
The yet-to-be named theme park will be located on 114 acres across Briley Parkway from the Opryland Resort and Convention Center.
The park, similar to the Snow Mountain attraction at Stone Mountain Park outside Atlanta, will provide a mix of high energy water activities for the summer season and designated snow activities for winter play.
A half-million guests are projected to visit the park in the first year alone.
Officials said the new theme park is expected to employ 450 workers when it opens in 2014.
- Jan. 19, 2012: Dolly Parton, Gaylord to open new Nashville theme park