Pilton Park is currently a flood plain, but a proposed flood defence scheme would see the River Yeo redirected alongside Pilton Causeway in order to reduce flood risk in the Pilton and Pottington areas.
Redirecting the river would also allow for the remodelling of the park. Plans included a cafe and toilets, new childrens’ play area, zones for older children and a terraced area for events.
Executive member for environment, councillor Rodney Cann said: "The diversion of the river at Pilton Park is an integral part of the flood defence proposals for Barnstaple, which are designed to protect residential and commercial properties from future flooding."
The council is currently consulting on the proposals .
Flood mitigation was an integral part of LDA Design's work on the Olympic Park.