Vicinity Centres : receives approval on plans for Box Hill Central redevelopment
May 23, 2022
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Vicinity receives approval on plans for Box Hill Central redevelopment
24 May, 2022
Whitehorse City Council has approved plans for the first stage of a mixed-use precinct at Box Hill Central
Plans include a new town square and the precinct's first residential and commercial towers
Part of Vicinity's 10-year masterplan to transform Box Hill Central into a world-class destination
Box Hill Central, VIC - Artist's impressionCredit: Vicinity Centres
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Vicinity is a step closer to realising its vision to revitalise Box Hill's CBD, with Council's approval of its plans to bring to life the first stage of its mixed-use precinct at Box Hill Central.
Part of Vicinity's 10-year masterplan vision is to transform 5.5 hectares into a world-class mixed-use and retail precinct, Whitehorse City Council's approval paves the way for development of the precinct's first office tower, residential tower, and new town square, with a combined investment value of around $700m.
The proposed redevelopment of the Box Hill Central precinct will transform the heart of Box Hill into a new, world-class destination for Melbourne.
Carolyn VineyChief Development Officer
Vicinity's Chief Development Officer, Carolyn Viney, said, "The proposed redevelopment of the Box Hill Central precinct will transform the heart of Box Hill into a new, world-class destination for Melbourne.
"Since plans were submitted, we have worked closely with Council, State Government and the community to ensure that design reflects the site's rich history and responds to the community's aspirations and preferences to live, work and play close to home.
"Reaching this important milestone makes way for the first stage of development that will create a new east-west pedestrian connection through the town centre which will be complemented by a community plaza and Spanish-steps inspired amphitheatre, a new residential tower for more than 600 residents and commercial office space for 2,000 workers.
"This exciting project reflects our long-term confidence and investment in Box Hill's future growth and builds on its existing strengths, including its longstanding reputation as a key destination to visit for fresh food and rich dining experiences."
Box Hill Central, VIC - Artist's impression of Residential TowerCredit: Vicinity Centres
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Box Hill Central is set to become one of Melbourne's largest private mixed-use developments, and this first stage is expected to deliver more than 50,000sqm of commercial office space, 366 apartments and 3,350sqm of new public spaces. It will also create new walkways and roads to interconnect to the precinct's transport, retail, and dining offerings.
Overall, the redevelopment is expected to deliver approximately 2,400 construction jobs during the building phase and more than 6,000 new jobs for the precinct upon completion.
Vicinity's vision for Box Hill Central is, in every sense, a true mixed-use outcome, where our offerings complement each other, while taking advantage of Box Hill being one of Melbourne's busiest rail and bus transport hubs.
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About Vicinity Centres
We are one of Australia's leading retail property groups, who are reimagining the way Australians live, work and play. We own and manage some of the most recognisable and loved retail destinations across Australia and are evolving to transform our portfolio into destinations that offer a broad selection of retail, residential, and office spaces.
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Vicinity Centres published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 May 2022 00:45:02 UTC.
Vicinity Centres is an Australia-based company that is engaged in investment in a portfolio of retail investment properties. The Company owns and manages retail destinations across Australia and offer a range of retail, residential, and office spaces. The Company has direct Portfolio with interests in 59 shopping centers, including the DFO Brisbane business and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Company. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include 1 Middle Road, Chadstone, Bankstown Central, 12 Balmoral Walk, Bayside, Box Hill Central, Box Hill, and Chatswood Chase Sydney. The Company also offers a range of retail solutions, such as advertising, brand activations, leasing, and pop-up retail.
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