Vicinity's first stage transformation of Bankstown Central gets green light

  • Stage One plans have been approved by the City of Canterbury Bankstown for a 30,000sqm commercial office precinct, demonstrating an aligned vision on the revitalisation and renewal of Bankstown‘s CBD.
  • The long-term vision will see Bankstown CBD transformed into a leading business and Health and Education Innovation Precinct.
  • The new facilities are available to commercial office tenants and other space users seeking new buildings from 2024 onwards.

Vicinity Centres and CIP Asset Management’s vision to transform Bankstown Central into a vibrant mixed-use urban neighbourhood has taken a step forward, with a range of Development Applications approved by City of Canterbury Bankstown, including 30,000sqm of A-grade office space across three buildings and ground floor retail incorporating a dining focussed ‘Eat Street’.

Vicinity’s Chief Development Officer Carolyn Viney said: “This is an important milestone for all involved and demonstrates an aligned vision between City of Canterbury Bankstown and Vicinity to transform the Bankstown CBD into a leading business and Health and Education Innovation Precinct.

“The approval of our Stage One plans allows us to take the first vital steps in the revitalisation and renewal of the Bankstown CBD, attracting new business to the region and offering current and future residents the convenience of a contemporary retail offer, services and hospitality in one convenient location,” Ms Viney said.

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