Victorian Government and AFL partner to revitalise Dockland site and enhance Marvel Stadium

A Joint Venture agreement has been announced by the Victorian Government and Australian Football League (AFL) to transform the Docklands waterfront and enhance Marvel Stadium as a sports and entertainment complex.

The Joint Venture agreement for 140 and 160 Harbour Esplanade explores the redevelopment opportunities at the two prominent Docklands sites on Harbour Esplanade including the delivery of potential housing, commercial and entertainment.

Matt Chun, AFL Executive General Manager Finance, Clubs and Infrastructure shared “we are committed to delivering a memorable experience for fans and visitors to the precinct and excited by the opportunities this agreement presents at the site.”

The agreement is between Development Victoria, the Government’s property developer and major project agency, and the AFL.

As the authority responsible for the development of Docklands, Development Victoria purchased the leasehold to 160 Harbour Esplanade, currently occupied by the Channel 7 broadcast centre, in 2018.

The Channel 7 building is adjacent to AFL House and the future redevelopment of these sites and integration with Marvel Stadium presents opportunities to deliver a mixed-use development that can revitalise Docklands’ waterfront and enhance the Stadium as a sports and entertainment complex.

The Victorian Government invested $225 million towards Marvel Stadium’s redevelopment to bring world-class sporting and entertainment events to Melbourne for the next 30 years.

A Planning Scheme Amendment application to change the Melbourne Planning Scheme to include potential building outlines and design requirements for future buildings on the sites has been lodged for consideration by the Minister for Planning.