Lake Caroline Reserve was developed between 1999 and 2008. The reserve and associated infrastructure remain largely unchanged since their construction. The surrounding residential area has been subject to significant population growth however, increasing the demand for passive recreation and the need to cater to a wide variety of user groups.

TCL were engaged in 2022 by Melton City Council to undertake the Lake Caroline Master Plan and Activation Strategy.

The Lake Caroline Master Plan and Activation Strategy will guide the development of the reserve with the long term aim of transforming the Lake Caroline area into a vibrant and inviting community space. The strategy was informed by extensive community and stakeholder consultation. This was undertaken prior to and following development of the draft document. As a result the draft strategy was very well-received indicating that the proposed development aligned closely with community needs and aspirations.

The strategy proposes the creation of public amenities, such as picnic areas, interpretive elements and a playground upgrade. It also highlights opportunities for council and community facilitated events, and private operator activation. The plan prioritises the establishment of high quality ecological communities and the preservation, protection and promotion of wildlife in the reserve.