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Officials Announce Albert Park Rezoning, Development Plans and Facility Upgrades

Government announcements focus on rezoning, park development and facility improvements across the area.

By Albert Park News Desk · Published 25 July 2026

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This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. Melbourne Weather News is part of The Daily Network and follows our reasonable editorial care.

Officials Announce Albert Park Rezoning, Development Plans and Facility Upgrades — Photo by John Robert McPherson / wikimedia (by-sa)

The Minister for Planning adopted the Albert Park Mixed Use Code Amendment on 11 January 2023, rezoning approximately 11 hectares from employment zones to Suburban Business and Housing Diversity Neighbourhood Zones to facilitate mixed-use development.

Rezoning and Mixed-Use Planning

This decision by the Minister for Planning sets the framework for future land use in the designated zones. The City of Charles Sturt is separately developing a new 3,000 m² local park at the corner of Farman Avenue and Spad Street with funding commitments exceeding $4.1 million from Council, State, and Federal sources.

Park Development at Specific Location

The new reserve at the Farman Avenue and Spad Street corner represents a direct outcome of local government coordination on open space. Funding sources include contributions from the City of Charles Sturt alongside state and federal partners, with land transfer completed and construction preparations underway.

Budget Allocations and Infrastructure Commitments

The 2025-26 Victorian Budget allocated $275,000 for lighting upgrades at Albert Park Oval No. 11 to support the South Melbourne Football Club, alongside $2.63 million for planning South Melbourne Primary School expansions. The Victorian Government also announced a major upgrade to the Formula 1 pit building including seven indoor sport courts and improved clubrooms, with demolition set to begin after the 2026 race for completion before the 2028 Grand Prix.

Venue Refurbishment and Lease Agreement

The Point Albert Park, a landmark overlooking the lake, will reopen as a modern restaurant and function centre after the Australian Venue Company invests $3.4 million in refurbishment following a long-term lease agreement with the Allan Labor Government. These steps reflect coordinated actions by multiple levels of government on planning, recreation and commercial facilities.

Further project timelines will be guided by the final Albert Park Master Plan released by Parks Victoria to direct decisions for the reserve within the City of Port Phillip local government area.