This approval paves the way for the $65 million revamp project, which will include, among others, expansion and reorientation of the existing oval; demolition of existing buildings within the oval complex, including the Jack Dyer Stand; removal of the existing hardstand (carpark) area; and construction of a new building complex incorporating a new grandstand. The redevelopment will see the transformation of the Punt Road Oval from a mere training ground to a sporting precinct for the community.