Redevelopment

The Valley has been the beating heart of night racing and home to the legendary Ladbrokes Cox Plate.We are now building on that legacy to create a world-class, 365-day destination that celebrates racing, entertainment, community, and connection. 

Our current facilities have served us well, but they have reached their twilight years, a 30-year-old track that needs renewal, lighting systems that are outdated and inefficient, and a grandstand more than 50 years old. At the centre of this vision is a new Event Centre, an architectural landmark overlooking the winning post that will elevate the race day experience and host events year-round in a vibrant, flexible and contemporary setting. 

The racecourse development will secure the future of racing at The Valley and will include a new track and offer a broad array of amenity for the benefit of club members, residents, and the broader local community to enjoy. Complementing the development is Moonee Valley Park (MVP), a thriving new neighbourhood featuring premium residences, green spaces, and hospitality venues such as TOTE Bar & Dining. Together, these elements will ensure The Valley continues to inspire, entertain, and bring people together every day of the year.

In 2009, MVRC announced its intention to realign the iconic Moonee Valley Racecourse, relocate the grandstand to the northern boundary, and release 23 acres of freehold land for a residential development. The planning framework was agreed in March 2015 to enable a new grandstand and racetrack utilising the racecourse landholding to facilitate the building of a mixed-use residential and community precinct on approximately nine hectares of land. In late 2017 MVRC selected award-winning developer Hamton and Australia’s leading superannuation fund Hostplus as the Moonee Valley Park (MVP) residential development partners.

The Moonee Valley Racecourse Master Plan for the Special Use Zone (SUZ) was prepared in 2020 to inform the future sub precinct applications for the new grandstand, racing infrastructure, and infield activations. Between 2020 and 2023 Moonee Valley Park (MVP) Stage 1 was delivered including residential stages: Feehan Row Homes & Townhouses and Thomas Street apartments, and the opening of TOTE Park and TOTE Bar & Dining.  Moonee Valley City Council unanimously approved planning permits for the Event Centre (grandstand) and Hotel (clubhouse) in the northern precinct in 2023.

Symal was appointed as the redevelopment civil and infrastructure contractor in June 2025, with early works commencing in preparation for the racecourse closure following the 2025 Ladbrokes Cox Plate. MVP Stage 2 was completed in 2025, welcoming residents into Trackside House and Stonepine House. The two buildings comprise 330 residences surrounded by landscaped parklands, including the Residents Garden, Maple Walk, and Stonepine Square.

From November 2025, Symal have progressed the infield site-clearance works in preparation for the reorientation of the new track and Mann Group is undertaking the grandstand deconstruction.

Elite Racing Facility – a world-class track and Event Centre tailored for premier night racing and renowned Ladbrokes Cox Plate, premiering world class technology and design excellence in track performance and viewing experiences. 

Live, Work & Play Precinct – a walkable, integrated neighbourhood featuring residential, retail, hospitality, and community spaces set amid new public parks set amid the upcoming Cox Place ‘village’. 

Public Spaces & Everyday Life – a vibrant infield activated for everyday community use - festivals, recreation, and family gatherings, not just on race days. 

Affordable & Connected Living – approximately 3,000 dwellings embedded within expansive green spaces and accessible community amenities, making The Valley a ‘neighbourhood within a park’. 

Sustainability & Environmental Leadership – the precinct is Australia's first sports facility to earn full EnviroDevelopment certification, with initiatives including close to 90% water recycling, renewable energy, wetlands, and green infrastructure.

In accordance with the Masterplan approval, the planning permit applications for the new racetrack, associated infrastructure and maintenance facilities have been approved. The preparation of the planning permit application for the Grandstand & Clubhouse is underway for lodgement in 2023. 

Early Works activities, including Dam consolidation and earthwork activities were completed in July 2022.

Moonee Valley Park is a joint venture between developer Hamton and leading industry superannuation fund Hostplus, in partnership with Moonee Valley Racing Club (MVRC). 

The $3 billion redevelopment of Moonee Valley Racecourse will transform the 40ha site into a botanic-inspired residential landmark, and the new premium neighbourhood of Melbourne’s inner north. Once complete, Moonee Valley Park – which is designed to be a neighbourhood within a park - will encompass approximately 3,000 dwellings across a highly walkable ground plane, complete with resident amenities, retailers, cafes, restaurants, playgrounds, sporting fields, running tracks, set amongst 20 hectares of abundant green open space. 

Moonee Valley Park launched to the market in August 2019 and has since delivered five completed stages comprising a total of 479 residences, landscaped parklands Tote Park, Maple Walk, Stonepine Square and TOTE Bar & Dining – with the first residents having moved into their new homes in 2022.

For more information head to the Moonee Valley Park website.

Our 5,000sqm civic park was delivered in November 2020. Tote Park is one of the cornerstones of the vision for Moonee Valley Park, a new neighbourhood set within a grand botanical garden. Tote Park offers 67 new mature trees, 315 shrubs and around 4,000 groundcover plants. Tote Park, designed by Tract Landscape Architects, features open grassy lawns with serpentine gardens, nature-inspired playground for families and stunning flower beds where visitors can relax in the sun or the shade, unwind and get active.

Positioned overlooking Tote Park in front of The Valley is TOTE Bar & Dining. The heritage-listed building was built in 1938 as one of the earliest surviving examples of a totaliser betting facility. The building has been protected and restored with a sympathetic yet striking renovation to become an exquisite bar and dining venue and is proving incredibly popular amongst locals, racegoers, and those seeking an exceptional dining experience.

The refurbishment and re-imagination of the historic Tote building was completed in July 2021, with TOTE Bar & Dining launching in August 2021.

From project inception, MVRC’s guiding principle has been to preserve and enhance the heritage character of the original Tote building, which has unique stature and significance in Australian racing history.

The revitalised structure complements and directly interfaces with the new Tote Park, creating a contemporary dining, recreation and community precinct at the main entrance to The Valley.