The ideal spot was E-Gate, right next to North Melbourne station. But they built the west gate tunnel above ground through that area so the location is no good anymore.
There was an idea floating around of Gosch's paddock. With an oval running ENE to WSW (ie East-West but tilted clockwise by 22.5deg). A stadium the size of Marvel fits within the space (see below), so a boutique 30-35k seat stadium would fit fine.
Consolidate the precinct, and put the money into rebuilding richmond station west of punt road (with an entrance east of punt road). Deck over the railway line to link the MOPT to yarra park and punt rd oval.
Feasibility wise, it becomes the home of the Melbourne Stars, and any ODI/T20 International cricket over the summer (Dec-Jan). The VICs would still play majority out of Junction Oval. Outside of this, it gets used for lower drawing AFL games, and replaces ikon park for the AFLW. Would help the AFL to expand the season duration and give more flexibility for scheduling games.
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That's only one part of E-Gate.
The other section of it is going to be the site of the new $12b Royal Melbourne/Royal Womens Hospital.
Ideally you have to tap into the new Metro tunnel stations.
So it should be either Arden St or Princess Park with the new Arden and Parkville Metro Stations.
Both should honestly be feasible AFLW hubs in the City. The larger one could definitely act as the 3rd AFL mens venue if in the 20-25k capacity range.
Both are no brainers for $100-$200m in investment for womens sports imo. You could get 10-15,000 in seating and amenities at both stadiums for that, still maintain the training facilities of both clubs and still maintain a local football ground feel.
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