Known as the home of football in Geelong and one of Australia's largest regional stadiums Kardinia Park, along with the Geelong Performing Arts Centre, have been earmarked for major redevelopment.
As Victoria heads towards a state election, Premier Daniel Andrews announced the $102 million redevelopment of Kardinia Park, which would increase the stadium's capacity to 40,000.
The stadium upgrade, which has a current 36,000 capacity, will allow the venue to host a greater number of major events and women's sport.
The announcement comes as Victoria heads towards a state election set for November 24.
The stadium redevelopment would see Geelong host more domestic and international cricket with the existing Geelong Cricket Club rooms at the stadium replaced and new cricket facilities built.
The Geelong Sports Discovery Centre, a new sports museum, will also be included as part of the development.
The project is expected to create around 300 jobs, with work to start in 2020.
As part of the multi-million-dollar election pledge, the Andrews government will deliver the final stage of the $128 million transformation of the Geelong Performing Arts Centre GPAC.
Creative Industries Minister Martin Foley said the venue means locals will no longer need to travel into Melbourne to see acts.
“We’re revitalising Geelong’s arts and culture precinct and GPAC’s redevelopment is a key part of that, creating hundreds of jobs and providing a world-class venue,” Foley said.
The finished venue will comprise a 500-seat drama theatre, a new 250 seat courtyard theatre, an outdoor atrium, additional dining options, and an upgraded box office.
The project is said to create 600 construction jobs, with work on GPAC set to be completed by 2023.