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Morley Galleria Proposed $800m Redevelopment Unveiled

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Fast Facts

  • Location: Morley, WA
  • Developer: Vicinity Centres and co-owner Perron Group
  • Retail Floor Space:128,000sq m (up from 73,000sq m)
  • Retailers: 100+
  • Car Parking – currently 4200. Will be expanded.
  • Development cost: $800 million
  • Status: DA Lodged, Public Consultation.

Vicinity Centres and co-owner Perron Group have submitted a development application to the City of Bayswater to comprehensively redevelop Perth’s Galleria shopping centre at Morley.

The proposed major redevelopment and expansion will see Galleria become a Super Regional centre and one of Perth’s leading retail destinations.

Subject to obtaining final co-owner approval to proceed, Galleria will undergo a significant expansion of up to 50,000 square metres. The existing centre will also undergo a dramatic transformation to create what will arguably become WA’s most exciting new retail and leisure shopping destination.

The $800 million development proposal includes over 100 new stores, with the latest retail offerings and store fit outs, including a new gourmet food hall area, exciting food and dining experiences, a new interactive playground as well as striking modern amenities and contemporary finishes.

The plans also include a new leisure and entertainment zone, the establishment of a town square opening onto Bishop Street and an urban plaza to Russell Street with the aim to position Galleria as the destination for families living in the northern suburbs of Perth.

Customer convenience and accessibility will be enhanced with additional car parking including new multi deck car parks and road upgrades, as well as revitalised customer amenities and entrances.

The retail floor space would be increased to about 128,000sq m from about 73,000sq m. It is estimated that about 7,000 direct and indirect jobs would be created with about 3800 during construction.

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Morley is located within the City of Bayswater and is about 10 kilometres northeast of Perth’s city centre.

Vicinity Centres is listed on the Australian Securities Exchange and manages approximately $23 billion in assets with 95 owned or managed centres.

Perron Group is a privately owned Perth-based group mainly involved in property investment and automotive distribution.

The Development Application will be available for public consultation through the City of Bayswater.

Final approval needs to be given by the Metropolitan Central Joint Development Assessment Panel.

 

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Article originally posted at: https://theurbandeveloper.com/articles/morley-galleria-proposed-800m-redevelopment-unveiled