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Officials at outdoor press event presenting aerial renderings of lakeside stadium development project

Katy Gallagher backs Canberra lakeside stadium plan

A consortium backs a plan for a $500 million multipurpose stadium on Lake Burley Griffin church land.

A consortium led by Canberra Airport owners is proposing a new stadium on One Regatta Place, the former archbishop's residence next to Lake Burley Griffin. Federal Finance Minister Katy Gallagher said the location is "an opportunity too good to miss" if the site becomes available.

The stadium could seat about 25,000 for sports and 35,000 for concerts, designed to replace the aging Canberra Stadium in Bruce. The consortium plans design and planning studies within six months, then ask the federal government to decide within six to 12 months whether to proceed.

If approved, construction would take about two years, targeting a 2030 opening. The National Capital Authority holds jurisdiction over the site, not the ACT government.

$500 million
Proposed stadium cost
25,000
Seating capacity for sports
35,000
Seating capacity for concerts
2030
Target opening year

Why it mattersCanberra would gain a modern venue in the city centre with improved transport access via the new light rail terminus and nearby parking.

AustraliaCanberra residents would see a major infrastructure upgrade replacing a rundown stadium, potentially boosting the city's events economy and property values.

✓ Claims checked against the source and corrected before publish. checked 6 h ago

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