Calder Stewart has plans to demolish almost all of Carisbrook.
The company bought the old stadium from the Dunedin City Council in a conditional deal in February for $3.3 million. Confirmation of the purchase appears to be due next month.
Documents released to the Otago Daily Times yesterday confirmed the company planned to clear almost every structure from the former home of Otago rugby for future development.
Only the Neville St turnstile building would be spared, at least for now, as the Dunedin City Council and the New Zealand Historic Places Trust continue to discuss a covenant to protect the category one-listed structure.
However, the Speight's, Neville St, Rose and Railway stands would be demolished, as would the terrace hospitality complex, built for $4 million in 1994.