The funding will go in the direction of creating the Macquarie Point precinct in Hobart, with the stadium as its centrepiece.
“It’s not an Australian football league if it leaves off the South Island, and that’s what has occurred for too long,” Albanese stated.
An estimated 4200 jobs are anticipated to be created in the course of the building course of.
Much of the funding will even go in the direction of housing in Macquarie Point, together with some designated as reasonably priced housing.
Details of the stadium has not been revealed, and it has not been disclosed how a lot of the funding will go in the direction of the stadium and to the housing.
Albanese additionally introduced $65 million will go in the direction of upgrading UTAS Stadium in Launceston, in anticipation some AFL video games shall be performed there.
Premier Jeremy Rockliff stated it was “a truly remarkable moment in time for the wonderful city of Hobart, but for all Tasmanians”.
“All Tasmanians can come here and be entertained and watch their favourite footy team, which will be their own Tasmanian AFL team after decades of wanting, hoping and dreaming to have our own side,” he stated.
Source: www.9news.com.au