Work will start in late 2010 on Westfield Carindale as part of a redevelopment plan by Carindale Property Trust.
The shopping centre is jointly owned by Carindale Property Trust and the Lend Lease-managed Australian Prime Property Fund Retail.
Westfield Carindale is anchored by two department stores, two discount department stores, three supermarkets, an eight-screen cinema and approximately 290 specialty retailers.
The approximately $300 million project will include a new parallel mall over two levels anchored by a new full-line Coles supermarket, a relocated larger format Target store and around 120 new tenancies adding a further 22,000 square metres of gross lettable area to the existing centre.
The finished project will have an increased focus on fashion and will feature a range of Australian and international designers, reinforcing Westfield Carindale’s position as one of Brisbane’s key fashion destinations.
An additional feature of the development is a new dining precinct that will sit adjacent to an outdoor mall.
The project also includes a new relocated library facility that will be operated by Brisbane City Council, a new kids’ precinct, and an improved car park management system that features a parking guidance system.
Robert Jordan, Westfield Australia and New Zealand director, said: “The redeveloped centre will provide Brisbane with a superior retail facility, combining the very best in shopping, entertainment and leisure.”
Work is expected to be completed in late 2012.