The project involves the redevelopment of the Albert Park Pit Building to meet Formula 1 Australia Grand Prix standards and maximise community use year-round.
Key elements include:
- 14 garages
- race control, administration, and media centre facilities
- expanded hospitality and viewing areas, including capacity for 5,000 additional fans, and
- seven indoor sport courts and improved clubrooms.
Key Dates
| May 2024 | Project Announcement |
| Jun 2025 | Contract Award |
| Apr 2028 | Expected Construction Completion |
Funding contributions
|
The project was announced in the 2024-25 Victorian Budget, hover the total expected cost and funding envelope from teh Victorian Government was withheld. |
Procurement
| Procuring Agency: | Development Victoria |
| Successful Tenderer: | Icon |
| Related contracts: |
PROJECT HISTORY
| May 2024 | The project was announced in the 2024-25 Victorian State Budget. |
| Jun 2025 | Development Victoria awarded Icon the main works contract. AECOM were awarded a design contract and Woods Bagot were awarded a contract for architecture services. |
Sector
Social
Procurement approach
Other |
Location
Victoria |
Resources
