Frequently asked questions
Read through our frequently asked questions to learn more.
What is the vision for Bankstown Central?
We’ve unveiled our future vision for a proposed redevelopment of Bankstown Central which could bring up to 8,400 workers, 3,500 residents and 1,800 students into our town centre by 2050.
This long-term vision is about transforming the centre of Bankstown into a vibrant urban neighbourhood to work, live, stay, dine and shop with new commercial offices, a hotel, serviced apartments, student accommodation, residential apartments, childcare facilities and public open and green spaces.
Why this vision for Bankstown?
As a key public transport, commercial, health and education hub, our plans leverages Bankstown’s strength as a key public transport hub with a major bus interchange onsite and the existing Bankstown train station, the future T3 metro station just 100 metres away.
Our vision also builds on Bankstown’s future growth as an education and health hub with Western Sydney University’s new vertical campus also just 100 metres away and construction for the new Bankstown Lidcombe Hospital starting in the 2022-23 financial year.
With growing consumer preferences for hyper-local living and a desire to live, work and play close to home this future city-shaping project also leverages our location close to the popular Paul Keating Park and just a stone’s throw away from Bankstown Library and Knowledge Centre.
What are the first development applications for?
The first two Development Applications that have been lodged with the City of Canterbury Bankstown include:
- a seven-level commercial office building overlooking Jacobs Street
- a new ‘Eat Street’ with cafes and restaurants
- an eight-level commercial office building fronting Rickard Road
- close to half a hectare of new landscaped public open space including a garden boulevard and courtyard overlooking Jacobs Street
- repositioning the existing bus interchange between The Mall and North Terrace, closer to the Bankstown train and future metro station and the centre’s fresh food precinct, and
- a new basement carpark for more than 320 cars
How many jobs will the first projects create?
These first projects are expected to create up to 400 new direct and indirect jobs over the two-year build and once completed the long-term 2050 vision will support more than 8,400 additional local jobs in Bankstown.
Why are you relocating the bus interchange?
By relocating the bus interchange, we create an opportunity to utilise an underdeveloped parcel of land on the corner of Jacobs Street and Rickard Road for two new commercial office buildings, a new Eat Street with cafes and restaurants and new green, public open space.
Also, we are relocating the bus interchange to make it closer to the Bankstown train station, the future T3 metro station and within easy access of our fresh food precinct.
How will construction affect the bus interchange?
We will build the new bus interchange between The Mall and North Terrace before closing the existing bus interchange, so there will be a seamless transition.
Are you adding any car parks?
Yes, both the commercial offices will share a basement car park for more than 320 cars. On the weekend these extra car parks will be available for our customers and our retailers.
What approval is required?
The Development Applications are subject to approval by the City of Canterbury Bankstown and commencement of the projects will be subject to approval by our co-owners, Vicinity Centres and Challenger.
What are the next steps from here?
Lodging our first two development applications is the first step in the long-term planning process. These Development Applications are subject to approval by the City of Canterbury Bankstown and commencement of the projects will be subject to approval by our co-owners, Vicinity Centres and Challenger.