Junction Oval redevelopment boon for Cricket Victoria, St Kilda Football Club Junction Oval will become a dedicated, year-round cricket venue capable of hosting Sheffield Shield matches. JUNCTION Oval will be transformed into a first-class state cricket headquarters and St Kilda Football Club will return to its heartland under a $59 million plan to be announced on Saturday. The Napthine Government will unveil a blueprint for the long-awaited redevelopment of the sporting precinct, backed by the AFL, Cricket Victoria and Federal Government. Junction Oval will become a dedicated, year-round cricket venue capable of hosting Sheffield Shield matches with a world-class centre of excellence under the move. Nearby Ian Johnson Oval will become St Kilda's official training and administration venue, sending the Saints marching back to their spiritual home for the first time since 1964. VICTORIA VOTES: Latest state election news and analysis Premier Denis Napthine said the precinct would become the new home of Victorian cricket and benefit elite and grassroots sport. "This major project will bring the best in elite and community sport to the iconic Junction Oval and its surrounding precinct," he said. The Coalition will pledge $20 million for the project with Cricket Victoria and the AFL each adding $10 million. Remaining funding will come from the Federal Government, Port Phillip Council, St Kilda and sponsors gathered by the AFL. Labor has promised $25 million to upgrade Junction Oval if it wins the election. Cricket Victoria chief Tony Dodemaide said: "The new facility will provide a solid platform for the growth and prosperity of cricket in Victoria for generations to come."" St Kilda Cricket Club, Old Melburnians Football Club and St Kilda Park Primary School will also benefit from the upgraded facilities. St Kilda Football Club president Peter Summers said Saints fans would be "rapt"." Originally published as Saints and spinners march to Junction