A $4 MILLION caravan park will breathe new life into some of Urangan's ailing businesses when it is opened later this week.

The Pier Caravan Park, located along Pier St and Pilot St, will be opened on Friday after nine months of development.

With a capacity of 87 caravans, it is expected to host up to 300 people at any given time.

But the major focus remains on the economic boost the park will bring to nearby businesses, who have eagerly awaited the development's completion.

Kelz Bakehouse manager Kellie Murray said she could see a lot of small businesses start making money and paying off some debts from the influx of visitors shopping at their places.

Pier Caravan Park at Urangan - park managers (L) Aaron and Claire Medley with town planner Ward Veitch.
Pier Caravan Park at Urangan - park managers (L) Aaron and Claire Medley with town planner Ward Veitch. Alistair Brightman

She said she was expecting at least an additional $400 to come into her Esplanade business.

"The southerner season tends to bring a lot of money into Hervey Bay, so having a hub like that around the corner would be huge for us," Ms Murray said.

Sundaes at the Pier owner Penny Hawkey said she had been waiting for the development for some time, and was already expecting additional orders for gelato through the winter.

"It's a bit of a quiet time for us, May and June aren't really good months," Ms Hawkey said.

"So having this around the corner by the holidays would be a huge help for us."

Town planner Ward Veitch said about 90 per cent of work had come from local contractors to build the state-of-the-art park.

Pier Caravan Park to benefit businesses: The Pier Caravan Park is nearing completion and is bringing the suburb of Urangan back to life.