Vicinity is planning an 11.4-hectare mixed-use project in the centre of Bankstown in Sydney’s southwest. Vicinity Centres and Challenger have announced a 30-year development plan for an 11.4-hectare mixed-use project in the centre of Bankstown in Sydney’s southwest. Up to 8400 workers, 3500 residents and 1800 students could be onsite when the final stage of the development is completed in 2050, with commercial offices, a hotel, serviced apartments, student accommodation, residential apartmen
artments, childcare facilities and public open and landscaped green spaces all forming part of the final plan.
The completed project would see 300,000sqm of new, modern buildings added to Bankstown Central’s existing footprint across 16 development sites, with staging aligned to market demand.
Vicinity’s chief development officer, Carolyn Viney, said: “With a major bus interchange onsite and the existing Bankstown train station, the future T3 metro station and Western Sydney University’s new vertical campus all just 100 metres away, our vision takes advantage of the unique opportunity we have to leverage Bankstown’s strength as a key public transport, commercial, health and education hub.”
First two projects have a total investment value of circa $222 million and include a seven-level building ($138 million) and an eight-level building ($84 million).
OTR opens new SA location
South Australian fuel, retail and convenience group OTR (On the Run) has opened its 155th store at Salisbury North.
OTR has built 14 stores in South Australia over the past year, with a further six to open by the end of the year. The company is one of the state’s largest private sector employers, with staff of 3100.
The Salisbury North premises will operate 24 hours a day, seven days a week, and feature a curated range of supermarket essentials, a premium range of BP fuel and OTR brands.
OTR will continue its expansion program with new store openings in the coming months to include Gepps Cross, Murray Bridge, Aberfoyle Park, Mount Gambier and, across the Victorian border, in Mildura.
Customers are also encouraged to help OTR give back to community groups through the OTRGive program – via the OTR app. Every time a customer shops or refuels at OTR with the OTR app, the company makes a donation on their behalf to their community group of choice – at no cost to the customer. Donations so far have exceeded $295,000.
