Broadway shopping centre has received development approval for a $55 million redevelopment which will include an expanded and enhanced fashion and dining precinct.
The redevelopment is expected to commence in August 2015 with completion expected in Spring 2016. The centre’s owners, Mirvac Group and Perron Group, have confirmed it will be business as usual at the popular shopping centre throughout the redevelopment period.
Mirvac’s senior development manager – retail, Christina Nelson, says the redevelopment is part of the company’s ongoing commitment to develop Broadway into a premier urban shopping destination.
“We have listened carefully to our customers and Broadway’s new food and fashion offer is in response to their needs and wants,” she says. “Following the very successful introduction of Apple Store in mid-2012 and Aldi last year, we are now finalising plans to introduce more exciting retailers to the centre and to deliver a comprehensive dining offer and premier customer amenities.”
The redevelopment includes a 3,400 square metre expansion of Level 2 which will deliver approximately 31 in-demand retailers and a new mini-major.
The redevelopment will increase the centre’s food and fashion retail offer in response to ever-growing customer demand for aspirational fashion and new casual food and dining formats.