Great Wolf Resorts, the world’s largest operator of indoor waterparks, has acquired the Waterpark of America facility in Bloomington, Minnesota for $39.1m.

The group is planning to re-open the venue under the new name of Great Wolf Lodge Minnesota in late 2017 or early 2018.

Pegged as a “first-class, year-round family destination”, Great Wolf’s 15th resort in North America will feature a 60,000sq.ft indoor waterpark with numerous interactive elements, including a multi-level treehouse, tipping water bucket, lazy river, wave pool, family raft ride and waterslides.

The Minnesota resort will also include a large family entertainment centre complete with a ropes course, arcade and bowling alley; MagiQuest, a live-action adventure game that encourages guests to explore the facility; and daily children’s activities.

“With a large number of tourists and its close proximity to the greater Minneapolis-St. Paul area, Bloomington is the ideal location for a Great Wolf Lodge,” said company CEO, Rubén A. Rodríguez.

“We look forward to contributing to the region’s growth by making Great Wolf Lodge Minnesota a world-class family destination with incredible family attractions, entertainment, dining and accommodations all under one roof.”