The £3.7 million project includes a play area, sensory garden, visitor hub with a disabled toilet and changing facility, events area, a network of walking and cycling routes, a multi-sports pitch and an outdoor gym.
A feature path will be also be built tracing the outline of the historic steel strip mill.
The play area will include climbing walls, swings, trampolines, bouncing discs, a climbing tower, zip slide, talk tubes, balance beams and posts, incorporating accessible facilities for children and young people with mobility issues.
Seating areas will surround the play area and be located throughout the park.
Councillor Alan Graham, the convener of the Enterprise and Growth Committee, said: “This new park will bring a significant area of greenspace to the Ravenscraig site, creating an exciting new facility for the local area.
“The park is designed for everyone in the communities in and around Ravenscraig, giving a focal point for the area as the site develops with new housing and facilities. During the consultation last year we listened to the views of local people and have adapted our plans to reflect what residents would like to see in the park.
“We believe the park will be a popular place for families, community groups and local schools to meet, play and enjoy.”
A council spokesperson added: “Following a competitive tender process, two companies have been awarded contracts to construct the new public park at Ravenscraig.
“VHE Construction Ltd will carry out preparatory ground works and remediation at the site; this work will substantially start in May, following surveys, and totals £958,000.
“Idverde Ltd will then complete the main works of the project, including installation of utilities, paths, access roads, landscaping and the sports pitch and play equipment; this work will cost £2.76m with work expected to start in October.”
Neil McGrory - Local Democracy Reporting Service