Bankstown Central Shopping Centre: $1.3b redevelopment plans for 8000 jobs, 18 towers

A redeveloped Bankstown Central shopping centre would include 900 apartments, a hotel and 18 towers under Vicinity Group’s vision for the suburb’s CBD. Check out the plans.

A vision to create more than 8000 new jobs, thousands of homes and a massive medical and education hub at the gateway to southwest Sydney has been revealed as part of a $1.3 billion masterplanned redevelopment of Bankstown Central shopping centre.

An overview of the massive commercial and residential hub planned for Bankstown.

The major commercial, tourism and residential hub — touted as a major new health and education innovation precinct at North Terrace, Bankstown — will include as many as 18 buildings on the current shopping centre site, featuring more than 100,000sq m of commercial office space.

Planners for the project said the blueprints for the redevelopment of the CBD hub would take place until 2041, including approximately 920 apartments, 700 hotel rooms and 1650 student accommodation beds.

Artist impressions of the $1.3 billion Bankstown Central redevelopment

Stage one plans will see the construction of the first three office towers, new retail spaces and a refreshed car park at the centre.

Vicinity chief development officer, Carolyn Viney, said the first stage of the Vicinity and CIP Asset Management redevelopment would “revitalise the Bankstown CBD and provide the

foundations for the creation of a new health and education innovation precinct”.

An aerial view of Bankstown Central as it looked from Civic Tower in 2010.

“Bankstown Central’s location and strong public transport links, including the new Metro station, to be delivered in 2024, represent the perfect platform to support a future health and education innovation precinct, and the town planning applications made reflect the first stage in evolving Bankstown Central to meet expected future demand for these uses,” Ms Viney said.

What the commercial and retail precinct could look like.

“Our plans integrate office and retail space, providing a place where residents of Sydney’s southwest can live, work and play close to home, while providing the opportunity to transform the area into a true city of the future.”

Stage one redevelopment plans of the expansive 11.4 hectare site include three “state-of-the-art commercial office buildings located above a retail podium”, as well as a large public plaza

and an all-new Eat Street.

Artist impressions for Bankstown Central redevelopment