A PUSH has begun to convert Kings Wharf to a $20 million tourism maritime precinct.

Launceston City Council officers are talking to the State Government about acquiring the Tamar riverbank at the end of Lindsay Street to build a maritime precinct for tourists and locals.

Alderman Graeme Beams chairs a council committee considering options for the area and he expects major progress within a year.

Alderman Beams estimated the project cost at $20 million.

He said it would take several years but he hoped the State Government would soon give the land to the council, along with funding from the State and Federal governments.

Council general manager Frank Dixon confirmed discussions with the State Government on possible transfer of the Kings Wharf land and facilities to the council, plus funding.

"The concept of Kings Wharf being part of the broader recreational precinct linked to North Bank is a very good one," Mr Dixon said.

The Primary Industries and Water Department said the Kings Wharf area was owned by Crown Lands and the department was interested in proposals for the future of the area.

A spokeswoman said the department was talking to the council about a proposal but no decision had been made.

Alderman Beams said the move was part of a wider push to make better use of the northern bank of the North Esk River, opposite the Seaport.

The northern end of Kings Wharf is a working maritime industrial area but the southern end is partly abandoned with unused land and buildings nearby.

Alderman Beams said the area had huge potential because it was historic with the opportunity to be a great recreation and tourist area with a maritime theme.

He said a school had applied to build a rowing shed next to the North Esk Rowing Club.

Alderman Beams said additions to the area could include a marina, sound shell, walking and cycling paths, a tram line from Inveresk and the existing buildings could be refurbished for functions, cafes and maritime activities.

"I firmly believe it will move forward over the next 12 months," he said.

"The North Bank council committee has been meeting regularly and discussing ideas that would complement this river edge area of the city."