Group spokesman Bernard Jervis said there were no designs as such yet.
"All we are asking for at this stage is for council to support a significant work to mark the importance of the camp that was here, in light of the centenary.
"It's out there on the table now." He said the group believed an appropriate place for it would be in a town square, which has been proposed for the vacant council-owned land on the main street of Featherston.
The group said if placed centrally, it could attract visitors, including relatives and descendants of the soldiers who trained at the camp, boosting the town and the district's economy.
Mr Jervis said while people knew about the camp, it deserved more recognition.
"It was significant, it is of historical value to Featherston, and nationally and internationally."
If council agrees to the proposal the group proposes to work alongside it in promoting the tribute and with sourcing funding. The proposal will be presented to council as part of the draft annual plan consultation which starts on April 16.
Mr Jervis said the project would be open for public consultation and submissions.
"I think as it develops, and hopefully it does, it would be of great interest to people."
The group's proposal is supported by the Anzac Hall Club Society, Featherston Heritage Museum, Wairarapa WW100 Steering Group, Featherston Memorial RSA, Wairarapa Archive, Toi Wairarapa and Glyn Harper, professor of War Studies at Massey University.
Do you think there should be something significant to mark the camp? Vote in our online poll at www.times-age.co.nz