The Trust is to establish and operate a live historic village and heritage park, in Kawerau, 26kms west of Whakatane on the east coast of New Zealand. It will be a tourist attraction, a place to learn and a place that protects the skills and heritage of times past. Other groups will be able to use the project to display their history and culture.
The heritage park is to be named Waterwheel Heritage Park. The Trust and heritage park project are commonly referred to as The Waterwheel.