Bankstown RSL Precinct Redevelopment

A high-profile community and hospitality precinct undergoing major transformation needed cost planning that was both comprehensive and credible — structured enough to guide feasibility, detailed enough to support a $217M procurement process.

The Brief

A detailed cost plan was prepared at pre-tender stage for the Bankstown RSL Precinct redevelopment at 83–99 North Terrace, Bankstown — a major mixed-use transformation carrying an estimated construction cost of $217,025,510. The scope covered the new RSL club, a hotel, and associated commercial tenancies as a single, integrated precinct delivery.

As a community asset with a long history in Bankstown, the redevelopment carried both commercial and civic significance. The cost plan needed to serve the project team, financiers, and stakeholders — each with different requirements for how the numbers were presented and defended.

The Challenge

Multi-component hospitality precincts present significant costing complexity. The RSL club, hotel, and commercial tenancies each carry different construction specifications, services requirements, and fit-out standards — and they share structure, basement, and services infrastructure that must be carefully allocated to avoid distortion. Construction staging, operational continuity requirements, and the complexities of delivering at scale within an established suburban centre all added further layers.

Our Approach

MCG structured the cost plan around each major component — RSL club, hotel, and commercial tenancies — while separately modelling shared infrastructure and staging costs. Construction staging and sequencing was analysed to reflect the phased delivery requirements of an operational community venue undergoing transformation.

Services integration, basement allocation, and façade treatment were itemised as discrete elements to give the project team clear visibility of cost drivers and where value engineering opportunities existed. The finished plan gave the client a clear, defensible cost position ahead of market engagement.

The Outcome

A detailed, submission-ready pre-tender cost plan establishing a construction cost of $217,025,510 across all components — providing structured financial guidance that supported informed decision-making and helped define the viability of a high-profile community and hospitality precinct in Sydney’s west.