Daredevil Nik Wallenda Looking to Build Entertainment Complex in Niagara Falls

August 15, 2013 Updated Aug 15, 2013 at 8:25 PM EDT

By Ed Reilly

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August 15, 2013 Updated Aug 15, 2013 at 8:25 PM EDT

Niagara Falls, N.Y. (WKBW) With his walk over the Grand Canyon now over, Nik Wallenda has returned his focus to Western New York.

On Wednesday, the daredevil announced that he is planning on walking a 200-foot high-wire at next year's Erie County Fair.

Wallenda is also moving ahead with plans to build an entertainment and theater complex in Niagara Falls.

"I think on a grand scale. I think big and I want it to be a permanent facility with an indoor water park and a place for families to come - similar to a Great Wolf Lodge," said Nik Wallenda.

According to New State Senator George Maziarz, Wallenda has met with three potential developers.

The Senator said that Wallenda has received lucrative offers from Canadian side but he is committed to putting the facility in downtown Niagara Falls.

While planning is still in the early stages, Nik Wallenda says he wants to have the new complex include a 2,000 amphitheater where he can perform six months out of the year.