IF THE FUTURE IS CALLING

INVEST FRANKSTON

IF

FORGING NEW IS

WHAT YOU DO

A BALANCED LIFESTYLE

Frankston isn’t Frankston anymore. It’s FRANKSTON! With more than 142,000 calling the city home, an increase of 12% since 2011, Frankston has been dubbed as a metropolitan “satellite city” alongside Geelong.

Frankston City is on the map as the Lifestyle Capital of Victoria, emerging as the ideal location to live, work, learn and play. Covering an area of 131 square kilometres, boasting 11 kilometres of pristine foreshore, 33 parks and natural reserves, ample retail, office and leisure facilities, Frankston is Melbourne’s city by the bay.

IF that’s not enough to lure you, its proximity to infrastructure, newly upgraded transport hub, affordability, office and industrial space availability and its ever-evolving metropolitan activity centre providing limitless opportunities, certainly will.

IF
BUSINESS

From start-ups to incubators, innovators to disruptors, cafes to breweries, corporates to makers, IF your business is looking to the new future, match it with us.

IF
EDUCATION

Preschool, primary, secondary, Tafe and University, Frankston has got you covered including one of the best performing state schools in Victoria. IF you’re looking for education that’s top of the class, check out our report card.

IF
INNOVATION

With Monash University’s medical research centre, and leading private and public hospitals, IF you’re looking to be part of a bonafide health and medical cluster, put Frankston under the microscope.

IF
CULTURE

Home to one of the largest metropolitan art venues in Australia, Frankston is brimming with first class arts and cultural experiences. IF you’re looking for a community of actively engaged arts enthusiasts, Frankston paints a pretty picture.

“Frankston is kinda like Luxembourg City heading the principality of Luxembourg where the territory commanded is the Mornington Peninsula. Frankston is sufficiently distant from Melbourne, has control over a more or less separate territory, has a sense of place, has all the bits and pieces (minus an airport at this stage) to be an independent place attached to but not dependent upon Melbourne”

Bernard Salt AM

Leading Demographer

Bernard Salt AM; Managing Director The Demographics Group (TDGP)
2021-07-17T15:03:52+10:00

PLOWMAN PLACE

A nine storey $45 million development at 1-2 Plowman Place will provide a major boost to the City Centre, and assist with the recovery from the COVID-19 crisis. The development will provide 79 apartments, 800 jobs to the area and is the latest project from developer Urban DC. As the horizon can be seen from every level of the building, it will be marketed as Horizon Apartments. Construction planned for 2021. A builder has now been appointed and construction is due to start at the end of July 2021.

2021-07-17T14:56:56+10:00

FRANKSTON HOSPITAL REDEVELOPMENT

Frankston Hospital will soon undergo a $605 million makeover. The much-needed expansion is set to transform the region’s medical services and include a multi-level tower, an extra 120 beds and specialty services. The public-private partnership plan, will also include two new operating theatres and 13 new emergency department beds, new oncology services and dedicated space for specialised mental health services. Three consortia have been shortlisted to prepare proposals to deliver the Frankston Hospital redevelopment. Construction of the main tower is due to be complete in late 2024, and the redeveloped hospital treating patients in early 2025.

2021-07-17T15:06:16+10:00

KARINGAL HUB

Just a short drive from Frankston CBD, a $160 million investment by ISPT Super Property, is well underway at Karingal Hub. Stage 1, a new food precinct, featuring more than 28 fresh food and speciality retailers, opened at end of June 2021, with further phases scheduled to complete during the remainder of 2021. A huge boost for the region, the redevelopment of the centre will see more space for retail outlets and restaurants plus existing shops at the centre will get a facelift. The project has created about 200 jobs during construction and 300 full ongoing and part time jobs are expected. The plans include an additional 762 car parking spaces.

A BILLION

REASONS

TO INVEST

IF you’re looking to invest, strive to arrive at a place that is on the map as the Lifestyle Capital of Victoria.

Enter Frankston. Inventive. Invigorated. Dynamic. Different. Adaptive. Well positioned to cater for growth into the future, Frankston offers attractive and competitive advantages for investment.

With a burgeoning workforce, a world class health and education hub, an expanding manufacturing and makers sector, a supporting and innovative business community and ample employment opportunities set in an idyllic location, it’s no wonder Frankston has been dubbed as a “satellite city” bound for further unprecedented investment.

142K

HAPPY PEOPLE

CALL FRANKSTON

HOME

2.5M

PASSENGERS

TRAVEL THROUGH

FRANKSTON

46%

WORKING

INDIVIDUALS

ALSO LIVE HERE

$13.45B

IS THE TOTAL

GRP FOR

FRANKSTON CITY