In order to address severe siltation and enhance urban green spaces in Xianyang Lake, the research offers a sustainable solution by proposing an innovative integration of ecological dredging and landscape transformation. The key findings are as follows: Firstly, an ecological dredging mechanism was established by directly transporting sediment from Xianyang Lake to its central greenbelt, reducing dredging costs and environmental impact while creating a sustainable funding cycle through revenue from eco-tourism activities. Secondly, the landscape artistic conception of the central greenbelt was significantly improved by leveraging the natural distance between the lakeshore and the greenbelt, offering diverse viewing experiences and enhancing the cognitive abilities and urban life satisfaction of tourists. Thirdly, the project demonstrated substantial economic and social benefits, including revenue generation from paid activities like boat tours, increased public awareness of biodiversity through ecological education, and improved community well-being. The central greenbelt also enhanced the urban environment by improving air quality, mitigating the “heat island effect,” and providing habitats for wildlife. This integrated approach serves as a model for sustainable urban development, offering valuable insights for cities facing similar ecological challenges. Future research should focus on long-term monitoring to further evaluate the ecological and socio-economic impacts of such projects.