Image stolen from here
The Sri Lanka Tourism launched the (over ambitious)Kalpitiya Dutch Bay Resort Development Project, complete with a Domestic Air Port at Uchchamunai, Under Water Amusement Park at Kandakkuliya, Golf Course at Dutch Bay, Race Course at Kalpitiya,and a Cricket Playground at Kalpitiya. The conceptual master plan has been developed by EML consultants who were the same company which was responsible for the Pinnawala Zoo project (and we all know how that turned out)
More details and a pdf file of the master plan can be downloaded through this web site
Refer here for news on developments taking place at kalpitiya