The Government is contributing $100,000 towards the review and business case, to be undertaken by Deloitte Australia.
The City of Greater Dandenong is leading the project and matching the Government contribution.
The proposed Dandenong centre would include a rectangular playing field for soccer and rugby as well as festivals and concerts, while also providing facilities for education, training, community outreach programs and conferences.
The feasibility review and business case will identify the demand for a sports and events centre in Dandenong, the scope and costs of potential developments, and ownership and management options.
Greater south-east Melbourne has more than 100 soccer clubs and more than 22,000 registered players – and a record of producing elite talent such as current Matilda Steph Catley and former Socceroo Vince Grella.
The region also has a growing number of rugby union and rugby league teams.
The Victorian Government’s ongoing Revitalising Central Dandenong initiative is rejuvenating the city centre, creating jobs and bringing the community together.