Frankston has been experiencing significant capital investment over the last few years. The city has benefited from catalyst investments, including a major $63 million rail station and streetscape upgrade, new tertiary education facilities and the new $80 million HQ for utility South East Water.
There has been renewed interest from developers of multi-level mixed-use developments and new hospitality and retail entrants are enhancing the vibrancy of the central city.
The nearby Carrum Downs Industrial Estate has been a runaway success, with a number of significant local and multi-national businesses based there. Further developments are due to start, providing additional modern industrial space for occupiers to lease or buy.
With a fast-growing skilled local workforce of over, 45,000 and an economy that generates over $6.2 billion per annum, the city has a bright future, why not take a closer look.
Staff within the Economic Development Unit work to actively facilitate investment with the underlying aim of employment creation and street activation.
Council is keen to hear from businesses or commercial property investors and developers who are interested in establishing a new business in Frankston or undertaking a new development.
If you are considering an investment in Frankston, please complete the online form linked below:
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Frankston City Council
30 Davey Street
PO Box 490
P. 1300 322 322
F. 03 9784 1094