A hotel, serviced apartments, revamped football stadium stands and an all-new Wollongong Entertainment Centre are part of an ambitious $500 million Business Illawarra proposal.
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As part of the masterplan, a 20-storey hotel is envisaged for the rest park area between the entertainment centre and the beach, while the Dragons training oval would become public space suitable for outdoor concerts.
The entertainment centre would be demolished and rebuilt, along with the northern and southern stands at WIN Stadium.
Lang Park would also be upgraded, removing the bus bays and introducing beachside cafes.
"A state-of-the-art entertainment precinct at the Wollongong foreshore is a long-held ambition for the Illawarra business community," Business Illawarra executive director Adam Zarth said.
The Illawarra is seeing significant private sector investment in urban regeneration precincts - including the $400 million WIN Grand development, the University of Wollongong's $250 million Health and Wellbeing Precinct and the $1.5 billion Shell Cove development.
"Now we are calling on government to work with the private sector and council to deliver our Illawarra Sport and Entertainment Precinct, which arguably should be the regional centrepiece of the Greater Sydney Commission's 'Six Cities' strategy."
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