Rotorua District Council community arts officer Marc Spijkerbosch said the mural would form part of a sculpture trail that would help breathe life back into the heart of the city while telling stories of Rotorua's history.
Mr Chrisohoou and Jonny4higher's collaborative design was chosen from 12 submissions.
"Their work is really going to light up the middle of town and kick things into life. We're keen to keep the momentum going and we're currently looking at other sites to follow suit," Mr Spijkerbosch said.
Mr Chrisohoou said the pair's vision was to celebrate the Pink and White Terraces.
"People once travelled long and treacherous journeys to marvel at this miraculous attraction yet, sadly, nowadays very few people from outside our country would even be aware they ever existed. We imagine re-starting the conversation and bringing that awe-inspiring environment back into the minds of visitors and locals alike," he said.
The mural is expected to be completed next week.