Broadway has received development approval from the City of Sydney for a $55 million redevelopment which will deliver an expanded and enhanced fashion and dining precinct in a contemporary and urban setting.
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.
The redevelopment includes a 3,400 square metre expansion of Level 2 which will deliver approx. 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.
Mirvac’s Senior Development Manager – Retail, Christina Nelson, said the redevelopment is part of Mirvac’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,” Mrs Nelson said.
“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.”