Caneland Central's expansion will see the centre grow from 39,000sqm to 62,500sqm to include the region’s first Myer, an expanded IGA supermarket, Target, Big W, Woolworths, around 240 specialty stores and additional car parking.
The redevelopment is a significant project for the Mackay community, the retail industry in Australia and Lend Lease, which manages the asset. It is also the largest retail project being undertaken by Caneland Central owner, Australian Prime Property Fund Retail.
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"Upon completion, Caneland Central will set a new benchmark in creating a leading edge entertainment and shopping space – redefining the role of this community hub," said Mayor Meng.
Caneland Central is located in one of Australia's fastest growing regions, and is one of the highest performing assets in the Lend Lease managed portfolio. Continually delivering outstanding sales growth since opening 30 years ago, the addition of Myer will further strengthen the centre’s performance and retail offer.
Environmentally sustainable design and development initiatives will feature throughout the new development, with a Green Star Retail Centre v1 Rating being targeted to reduce energy and water consumption and improve the indoor environment with natural daylighting and environmentally sensitive material selections.
(CD/GK)
