Redevelopment
Vision
Pakenham Place will be transformed into an exciting and contemporary retail and community destination.
In late 2020 Pakenham Place Shopping Centre was purchased by Banco Group and Leaf Corporation and is about to undergo major refurbishment.
Pakenham Place will be completely transformed to include a new supermarket, fresh food, restaurants, cafes and a variety of specialty retailers providing goods and services. We are thrilled to welcome Aldi as the second supermarket who will join Coles, Priceline and a variety of specialty stores.
In addition, an exciting new food experience will be coming soon with the new and reimagined food hub – Eat Street.
Eat Street will be a vibrant, laneway style food offering located between the carpark and the main shopping centre.
About the developers
Banco Group together with Leaf Corporation purchased Pakenham Place late in 2020 with the view to update and add exciting new offerings to a centrally located key retail destination for Pakenham patrons.
Banco Group
Banco Group was established in 1962. Throughout the years it has developed a reputation for specialising in industrial and commercial building and in developments such as residential buildings, shopping centres, apartment complexes, industrial parks and land subdivisions.To find out more about Banco Group click here
