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OtherStaff WriterMon 28 Aug 17

Developer Secures Tenants in $1.5 billion Town Centre West of Brisbane

ripley

Three new tenants have secured space in the first stage of Ripley Town Centre, further adding momentum to the $1.5 billion project expected to accommodate 25% of south-east Queensland’s population increase over the next 20 years.

Developer Sekisui House has secured a pharmacy, dental practice and veterinary surgery to operate alongside the previously announced medical centre to service the Western Corridor.

With construction well under way, Ripley Town Centre is set to create a new regional hub that will service up to 120,000 people.

The $40 million first stage, which includes the recently secured medical centre, is set for completion in early 2018.

The new tenancies build on Sekisui House’s long-term vision for the Ripley Town Centre, which will become the primary town centre for the entire Ripley Valley region and the surrounding areas.

Sekisui House Australia CEO and managing director Toru Abe said the tenants’ commitment to the Ripley Town Centre reinforces the importance the Town Centre will have on all the surrounding communities.

“The Ripley Town Centre will provide the entire region with a wide array of essential health and wellbeing services under one roof with the three new tenancies complementing the suite of services to be offered by the medical precinct,” Abe said.

The town centre hopes to be a catalyst for homebuyer activity in the Ripley Valley region including Sekisui House’s $500 million Ecco Ripley residential community.

The Town Centre is poised to become an exciting new community and regional hub to service Ecco Ripley and other Ripley Valley region developments.  

Ipswich Division 3 Councillor Kerry Silver has welcomed the latest businesses to show their confidence in the emerging Town Centre.

“This is an exciting time for the Ripley Valley region communities as Ripley Town Centre begins to take shape.

“The new medical centre and the supporting tenancies that have followed will greatly improve the amenity for residents and this will continue to drive the broad appeal of the entire region.” Silver said.

Ripley Town Centre is working towards Green Star accreditation through energy efficiency measures, including rainwater harvesting and the use of photovoltaic solar panels on roofs and car park shade structures.

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Article originally posted at: https://www.theurbandeveloper.com/articles/developer-secures-tenants-1-5-billion-town-centre-west-brisbane