Central Coast Council has nominated the Leagues Club Field, on the Gosford waterfront, as the preferred location for the proposed Regional Performing Arts and Conference Centre.
The site, which is crown land, is located on Georgiana Terrace, immediately below the former Gosford Public School.
The facility was originally earmarked for Gosford City Park before the then Gosford Council decided to look elsewhere.
A State Government funding commitment of 12 million dollars was contingent on the use of the park, also known as Poppy Park.
A Council spokesperson says it's their intention to work with the State Government to achieve the best outcome for the community.