Discover Box Hill
Invest in Box Hill
Through its history of growth and investment, Box Hill has a strong economic and social base to support continued growth and development. Box Hill possesses all of the major attributes needed to be a true alternative to Melbourne CBD, such as a variety of professional jobs, business, banking, government, retail, healthcare, community services, education, transport, recreation, arts and culture.
Box Hill offers the ideal balance of work and play, offering excellent economic prospects together with vibrant and enjoyable lifestyle opportunities. It has a diverse industry base that contributes a wealth of opportunity for both existing and prospective businesses seeking to benefit from the infrastructure and economic activity.
Box Hill offers excellence locational and connectivity advantages due to its central location in the eastern region of Melbourne, transport and freight connections and technology.
Investing in Box Hill Makes Sense
Box Hill is booming.
Public and private sector investment has further increased in recently years, boosting growth in development within the activity centre. This has included public and private healthcare, education facilities, residential apartments, specialised accommodation and commercial development. New development in the Box Hill Metropolitan Activity Centre can be clearly seen through the numerous high-rise developments on the skyline. Box Hill is expected to soon have the tallest building outside of the Melbourne CBD, with the approval of the 36 storey and 26 storey Whitehorse Towers, to include retail and office space as well as a 100 room hotel and over 500 apartments.
Commercial demand in Box Hill remains strong as evident through low vacancy rates in office and retail. Turnover of businesses and private investment in new shops and business fit-outs is also evident.
Whitehorse City Council, the Victorian State Government and Federal Government continue to invest in Box Hill and are committed to supporting further growth in this Metropolitan Activity Centre. Continued major Government investment in Box Hill is directly in line with government policy for a sustainable urban development, through economic, social and environmental efficiencies to accommodate sustainable population growth, growth in jobs, education and training, and health.
Investing in a well located and well established activity centre with existing infrastructure, facilities and services makes sense for government and private sector investors. Box Hill has a clear vision for the future shared by Council, Government, Business and the Community.
There is strong demand for growth and a commitment from Government and Council for continued public investment in Box Hill. Sustained demand across many sectors is expected to increase the long term investment security.
Whitehorse City Council has specialised information and data available to assist in the planning and decision making to invest within the Box Hill Metropolitan Activity Centre, such as:
- Box Hill Economic Profile which provides a snapshot of the economy of the Box Hill Metropolitan Activity Centre hosting data such as employment, output, information, trends and much more. To view, visit http://www.economicprofile.com.au/boxhill
- Box Hill Community Profile which provides a summary of the community within the Box Hill Metropolitan Activity Centre with information such as housing, wellbeing, population, families, trends etc. To view, visit http://www.communityprofile.com.au/boxhill
- Box Hill Investment Profile showcases the many projects, developments and investment opportunities within the Box Hill Metropolitan Activity Centre. To view, visit http://www.investmentprofile.com.au/boxhill
Some Recent Government Investment in Box Hill
- $447Million redevelopment of the Box Hill Hospital
- Box Hill Police Station Redevelopment
- Department of Justice offices
- Box Hill Institute Expansion
‘Discover Box Hill’ Investment Attraction Brochure
Whitehorse City Council has developed an investment attraction brochure for Box Hill. To obtain a hard copy, contact the Business and Economic Development Unit on firstname.lastname@example.org or simply click on the links below for a soft copy:
Significant public works projects in recent years include:
Aqualink Box Hill – major aquatic centre redevelopment
Box Hill Gardens improvements - multi-purpose courts, circuit path and water harvesting
Box Hill Mall upgrade
Major footpath renewal
CCTV and lighting upgrades
Whitehorse Road median upgrade
Redevelopment of the iconic Box Hill Town Hall and Community Hub