As Parry Sound shifts from an industrial economy to a more tourist-based economy, many of the properties along the southern waterfront have become vacant industrial sites. Although the land along the southern waterfront is now zoned as Marine and Resort Residential, there has been little investment in decades due to concerns about soil contamination and environmental degradation. This research aims to develop a waterfront revitalization strategy for Parry Sound’s post-industrial southern waterfront. The methods include an understanding of contemporary landscape practices in master planning, an analysis of similar conditions in other communities and a comprehensive case study of the Town’s southern waterfront. Results propose a landscape-based approach using a phased development strategy that will restore the site to the point that it is attractive to development and contributes to community amenity. This will help the Town conceptualize the future of the southern waterfront and bring economic investment and improved environmental quality to the region.