History
Frankston City Council previously entered into a contract of sale of $8.2 million to Perpetual Trustees Australia Limited (CFS Gandel Retail Trust) for the North of Beach Street car park, Evelyn Street car park and Stratum air space over Beach Street. Settlement took place on 1 March 2004. The Minister for Planning granted permits for the redevelopment of Central Park and North of Beach Street sites in January 2004. (referMedia Release from the Minister for Planning).
Project Overview
Key elements of the project included:
- $140 million investment in Frankston
- 1,000 effective full-time ongoing jobs; 2,500 (on-site / off-site) jobs during construction
- Boost for business, local residents, tourists and visitors, with up to 800,000 extra visitors to the Central Activities District (CAD) annually
- 780 additional parking spaces
- Balanced development for the north and south ends of the town centre
Transit Cities Infrastructure Grant
Frankston City Council has secured a $2.7million State Government grant linked to the Frankston CAD Redevelopment that will help unlock the huge potential of Frankston, setting in motion the first of several Transit Cities projects in the area. Further information is available on the Frankston City Developments - Transit Cities page, or via the Department of Sustainability and Environments Transit Cities Web Site at www.dse.vic.gov.au/transitcities.This grant will facilitate alterations to utilities (gas, electricity and sewerage) and associated road works to accommodate the new developments, as well significantly upgrade public streets adjacent to the development sites by removing overhead powerlines and introducing feature lighting poles, footpath paving, street furniture and landscaping.
Bayside North Development
Key elements of the North of Beach Street project included:
- 18,860 square metres of retail space incorporating a discount department store, supermarket, mini-majors and 55 speciality shops
- 1,784 car parking spaces (including the replacement of the 1,217 existing spaces)
- Pedestrian bridge link over Beach Street connecting Bayside Shopping Centre with the new Bayside North Shopping Centre
- This development includes a ground floor retail and car parking level, first floor retail and car parking level, mezzanine and roof top car parking levels
Community Arts Project
Telstra Country Wide Peninsula continually seeks opportunities to contribute to the Peninsula Community -- in particular those which bring business and people together and create an opportunity for people to contribute and feel proud of their work.
On this occasion they have supported a project for local school children to paint panels depicting peace and happiness. These panels have been installed on the construction hoardings surrounding the Bayside Shopping Centre development near Beach Street
Frankston City Council would like to thank Telstra Country Wide Peninsula for promoting and overseeing the preparation of the project, Probuild the building contractor who permitted the installation of panels on their hoardings, and Gandel Retail Management for arranging the installation of the panels, and most importantly the local school children who participated, thank you.
Bayside Entertainment
| Key elements of Bayside Entertainment:
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Further Information
Latest news regarding this project and other Frankston City Council matters can be found on the Latest News page.
Please contact Council's Acting Urban Strategy Manager, Mr Kevin van Boxtel on 9784 1089, or via e-mail at kevin.vanboxtel@frankston.vic.gov.au.
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