Blacktown City Council is inviting business owners and residents to have their say on a proposed sale of Council-owned land in Blacktown’s city centre for a $800 million brain and spinal institute to be run by Australian neurosurgeon, Dr Charlie Teo.
Council said the market-price sale of the large parcel of land would pave the way for the development of the Blacktown Brain and Spinal Institute.
“Professor Charlie Teo’s Blacktown Brain and Spinal Institute will be an enormous investment in Blacktown city centre, with a construction value of $800 million,” Council said in a statement.
“BBSI will attract millions of dollars of capital investment, and hundreds of long-term, highly skilled jobs – a massive impact on Blacktown City.
“To enable this, our Council has agreed conditions to a land sale.”
Professor Charlie Teo is proposing to establish The Blacktown Brain and Spinal Institute (BBSI) on the site.
“BBSI will be a world leader in medical research, practice, treatment and recovery. National and international surgeons will carry out research and treat patients at BBSI. For that reason, patients will travel from all over the world to Blacktown for medical care,” Council said.
“BBSI will cover up to 150,000 square metres of floor space – by comparison, Westpoint Blacktown is 92,000 square metres, and Blacktown Hospital is 100,000 square metres.”
It will comprise:
- a medical research institute (with university partner)
- a private hospital
- a medi-hotel
- retail space
- residential apartments.
Click here(PDF, 2MB) for more information on the proposed development and its impact on Council’s long term financial plan.