Skylake Adventures near Sheridan is a lagoon/lake opening in phases and has already had a ribbon cutting at phase one. The water park is located just off 31 near Sheridan in Hamilton County.
A new outdoor attraction along U.S. 31 in northern Hamilton County opened June 4, even as construction continues across much of the site.
Skylake Adventures, a more than 130-acre development near Sheridan, is debuting its first phase this summer, centered on a six-acre man-made lagoon with beaches, water slides, and a floating obstacle course. Additional features—including a high ropes course and a winter tubing hill—are expected to open in later phases through 2026.
Lagoon centerpiece opens first
Developers say the initial opening focuses on water-based activities designed for a wide range of ages. The lagoon will feature white sand beaches, floating cabanas, paddleboard rentals, and what operators describe as the largest floating obstacle course system in the United States.
An “X Tower” structure with multiple slides and jump platforms is also part of the first phase, along with splash areas and designated beach spaces, including an adults-only section.
Day passes are on sale, with pricing listed at $55 for ages 10 and up and $50 for children ages 4 to 9. Parking fees are additional.
Construction to continue during opening
Visitors traveling U.S. 31 have seen ongoing construction at the site, and developers acknowledge the park will not be fully complete when it opens.
Sky Lake’s general manager said the project is being built in “waves,” with temporary fencing planned to separate active construction zones from guest areas. While much of the property still appears unfinished, operators say the initial focus is on delivering the lagoon experience this summer.
Future phases include a high ropes course expected later this year and a snow tubing hill planned for winter use. The tubing hill, currently visible as a large dirt mound, is anticipated to open around the end of 2026. Full buildout of the park is projected by next summer.
Designed as year-round destination
Unlike traditional seasonal water parks, Sky Lake Adventures is designed to operate year-round with rotating attractions and programming. Plans include mini golf, an expanded adventure zone, and a central pavilion offering food and beverage service.
Developers say the mix of amenities is intended to attract both families and adult visitors, with options ranging from active recreation to beach-style relaxation. Private cabanas and rentable event spaces, including a small island area, are also part of the concept.
Regional draw anticipated
The project has generated significant local interest, particularly given its visibility along the heavily traveled U.S. 31 corridor. Developers say the park is intended to serve as a regional destination for central Indiana, drawing visitors from surrounding counties.
While some visitors may encounter ongoing construction during the initial opening period, operators emphasize that additional attractions will continue to come online in stages.
For now, the focus remains on launching the lagoon and beach experience for the 2026 summer season.
More at Skylakeindiana.com.