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Bankstown Development

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Old 30th Sep 2015, 23:34
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Bankstown Development

The proposed commercial developers with the help of BAL are hoping to carve up the cross wind runway land at Bankstown Airport for a business park by LEDA Holdings. This is in breach of the head lease.

A meeting regarding this will be held today at 10:30am at Bankstown Terminal Building.
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Old 1st Oct 2015, 16:57
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How did the meeting go? A fait accompli ? We've been through all this at Jandakot, there is no minister that will stand up to the mighty developers and the head lease isn't worth the paper it is written on.
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Old 1st Oct 2015, 21:29
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Moorabbin and Essendon will go the same way. Governments hate aviation.
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Old 1st Oct 2015, 21:33
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...and they love 'generous' developers.
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Old 1st Oct 2015, 22:46
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Youv'e got to admit that many airports use land extravagantly. A remnant from a bygone era when land was cheaper.

I actually think that Linfox's development of Essendon airport is a good example of how to get better use of the site while enhancing aviation facilities and activities. Essendon airport is an active aviation hub.

By contrast Goodman to an abysmal job of Moorabbin airport, which is little by little dying. Goodman demonstrate that they would rather have empty buildings and facilities rather than meet market pricing. Years ago, non aviation businesses chose to setup at Moorabbin airport because it was a good, active area. The most visible of these was Perkins V8 Supercar team. But, by contrast now we have aviation businesses choosing to leave the airport in favour of the local industrial estates. The highest profile example is Aviall. There can be no clearer illustration of how it has its head up its fundamental orifice.

But whose fault is it? The fault lies with a lazy public service who wrote patently flawed lease contracts. We have some very bad master tennants and we are stuck with them, with no get out of jail card.
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Old 2nd Oct 2015, 12:34
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The carve up went ahead way back in Dec 2012 with the transfer of control of 34ha to Leda Holdings. The only issue now is exactly how will the finished development look.

Its definitely a shock to see how much of these airfields have been given over to non-aviation but I can see an opportunity here. The 'opponents' have yes claimed land, but they've also reduced the size of the battlefield. If the the remaining aviation businesses and any would-be aero entrepreneurs wish to flourish from here on, now's the chance!

Strike now while you can. You can't reverse development approvals or bricks and mortar but you can encourage other operators to come into the field so that you regain a critical mass.

Its now far easier to fill up and make busy again a smaller airfield than a sprawling open plain. There lies the opportunity. For example, US style FBO's are non existant in Australia and yet Essendon has just announced its plan to target the growing corporate jet market. Bankstown can counter with FBO's which offer free shuttles to the city and customer destinations (for the first 12 months) to build a prescence again.

From there the airfield can revitalise its flying schools and re-energise its industry advocates (c'mon AOPA!). Secure those overseas training contracts and capitalise on the new types of aircraft and marketing angles being introduced around the world.

Businesses and investors will support vibrancy. But I say this: if aviation continues to decline and give up more space, yes, it will decline and give up more space. Eventually, it will have no more space left to give up.

But if it chooses to see the opportunity as it now presents itself, its game on and the future can be bright.
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Old 3rd Oct 2015, 20:54
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Nulli,

what you say all makes perfect sense, unfortunately it assumes that the land airports sit on was reserved for aviation. The South side development breaches the airports act, the environmental protection act, and allegedly quite a few other federal and State laws. To get Murky Mandarins and ministers of the crown to bypass the law takes considerable, shall we say "greasing of the wheels", but flinging money into the right pockets is all part and parcel of being a development shark.

Just like a great white shark, development sharks bite out a chunk, then when the victim has weakened from bloodloss returns to finish it off.

I fear the Development on the South side of the airport is just stage one of the total redevelopment of Bankstown into some industrial utopia.

It is alleged the developer has already stated to a government Senator, that the South side development will lead to the closure of Bankstown as an airport, apparently it all was preordained, perhaps by the Murky Mandarins who engineered the original sale via Mc Bank. Wouldn't you just love to know what their reward may be?

It is claimed the development will employ thousands of shop assistants when it is finished, which goes down well with spin believing punters, hey they could probably get some university to make a degree in shop assisting, the country is on a race to the bottom after all.

How many thousands of engineers, technicians and highly skilled people did the airport employ in its heyday, before an incompetent, capricious regulator killed it off? How many highly skilled people were trained and got their start at the Airport? How much employment and contribution to the GDP could have been generated if General aviation had been allowed to flourish? Why is a shopping precinct, flogging Chinese made merchandise a better proposition than somewhere that actually makes something?

The answer my friends is blowing in the wind.

I'm told Bankstown has been resold, to an infrastructure company interested to developing an airport, as an airport??

Nope, another development shark or perhaps the current one using a proxy.

Last edited by thorn bird; 3rd Oct 2015 at 21:48.
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Old 4th Oct 2015, 05:37
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Here's a pretty solid idea to future-proof the aviation needs of Sydney-siders:

an underground rail line linking BK to the East Hills line at say Revesby extending to say up to Yennora station. This makes the link to Parramatta. BK airport (& the Business Estate) now become a very viable infrastructure and employment hub once again. If they're thinking a Macquarie Park syle future, they need door to door heavy rail.

Next, the new Badgerys airport has a line built connecting with Yennora. You can then land at any airport and easily access the rest of Sydney or depart another airport for onward journeys.

BK should serve as a commuter feeder for regional NSW, a corporate jet/ prop airfield for domestic charter and training for GA.
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Old 4th Oct 2015, 09:30
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Folks,
Some of you have very short memories, given what has been on various pprune threads about YSBK.
Read thornbird's last post carefully.
Making the southern half of YSBK available for development pre-dates the sale of BAL to the original "private" shareholders of BAL, and as we know, closure of 18/36 was an "informally agreed" "unwritten condition" of the private shareholders buying BAL.
How do we know this is true?? Because BAL and a senior executive of the BAL made no secret of the matter --- and the terms of the head lease were simply ignored.
All this happened long, long before LEDA came on the scene, they only appeared as one bidder after BAC Devco went bust.
Tootle pip!!

PS: At its peak, YSBK was the biggest direct and indirect employment generator in the Federal seat of Blaxland --- whose member at the relevant time was Paul Keating.

Last edited by LeadSled; 4th Oct 2015 at 11:05.
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