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RetailStaff WriterMon 12 Oct 15

Plans For $40 Million Retail Dining Precinct At Southbank Unveiled

S

Brisbane-based developer Anthony John Group has unveiled retail precinct plans for its $600 million mixed-use development at Southbank which is set to be delivered in time for the completion of Flight Centre’s global headquarters in mid-2016.

A total of 4,500 sqm will be offered over two levels at the Southpoint development, including a mixture of fresh food, dining and boutique retail options, catering to South Bank’s rapidly increasing worker, resident, visitor and commuter segments.

Anchor tenant Woolworths has already been secured with a 1200 sqm 20-year lease, giving South Bank its first
major supermarket.

Southpoint Retail Lower Ground[/caption]Anthony John Group CEO Shane Bulloch said Southpoint is set to further enhance South Bank’s premium
destination appeal.

“South Bank already boasts an exceptional reputation for its multi-precinct offering, evidenced by it being
awarded Property Council of Australia’s Queensland Retail Property of the Year Award in both 2014 and 2015,” Mr Bulloch said.

He said the planned retail was aligned to South Bank Corporation’s vision for the site, creating a village-style market atmosphere that serviced the needs of immediate traffic generated by commuters, workers, students and residents.

“On top of the extremely robust traffic figures South Bank currently boasts, Southpoint is set to inject over 2,500 workers to the area," Mr Bulloch said.

"Flight Centre’s new global headquarters will see a portion of its business open 24/7 to support its ever expanding international client base, and over 1,000 new residents will reside on completion of the Emporium Residences, Emporium Apartments and The Apartments in 2017.

"Then of course there is also the 142 suites in the new Emporium Hotel.

“South Brisbane and its neighbouring suburbs are also in the midst of rapid growth and Southpoint is key to
supporting this. These factors are set to establish Southpoint as a highly activated, dynamic precinct in its own
right.”

Southpoint Retail Upper Ground[/caption]Helping create a striking entry statement will be the heritage listed Collins Place, which will be restored and
refurbished and used again as it was during World Expo 88 as a destination restaurant.

South Bank train station, with approximately 60,000 commuters boarding and alighting each week, is also set to receive a $5m facelift, including a new railway entry, travellators, ticket office, toilets, platform upgrades and platform awnings.

Southpoint’s retail will be delivered in mid-2016.

RetailAustraliaSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
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Article originally posted at: https://www.theurbandeveloper.com/articles/southbank-40m-retail-dining-precinct-unveiled