Fairfax media are reporting that a private consortium led by AFL club the Greater Western Sydney Giants has proposed an $800 million redevelopment of the Manuka Oval and surrounding precinct.
The Giants have been backed by Australia’s largest privately owned developer Grocon to make an unsolicited bid to the ACT government to redevelop the prized land package – part of which would include upgrading the sports stadium to an international-standard facility.
The deal, to be unveiled publicly on Wednesday, would include 4750 new permanent seats to replace temporary seating and standing areas at the Manuka Oval. New roofing would cover 80 per cent of seating and the development would include new hospitality, media and change room facilities.
