Auckland's Eden Park Trust is preparing to ask for council permission to host up to six concerts a year.
The stadium, located in Auckland's Kingsland, is entitled to apply for six shows annually, but says requesting individual resource consents is impractical.
"We're seeking consent to do what is conditionally provided for stage music and cultural shows at New Zealand's national stadium," said chief executive Nick Sautner.
The trust's proposals include limiting sound to 75db, compared to the 82db allowed at other venues around the city, and installing acoustic barriers.
Eden Park attempted to host a charity event featuring Phil Collins last year but canned it due to the time-consuming process.
The trust says the public will have a say, if it goes ahead.
Elton John's promoter told Newshub in February he didn't even bother considering Eden Park as a venue for the piano master's upcoming gigs.
"Eden Park would be wonderful but the people that live around Eden Park make sure no one gets in there," said Michael Chugg. "It sucks, it sucks for the city when you've got a venue like that and you can't use it.
Last year, Sir Ray Avery announced plans to hold a charity concert there before blaming neighbouring residents for having to scrap it.
Former Prime Minister Helen Clark and the Eden Park Neighbours Association have strongly opposed concerts at the stadium in the past, but surveys have shown support from most residents in the surrounding area.