The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
NOMINATIONS CLOSE SEPTEMBER 12 RECOGNISING THE INDIVIDUALS BEHIND THE PROJECTS
NOMINATIONS CLOSING SEPTEMBER 12 URBAN LEADER AWARDS
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterThu 03 Nov 16

New Sydney Retail Centre In Pipeline, Set To Service 1.2 Million People

ECRC-Aerial_620x380

A new retail hub is proposed to be built on a 15.7 hectare site on the Great Western Highway, between Rooty Hill Road South and the M7 motorway.

Frasers Property Australia has been awarded exclusive development management rights by Western Sydney Parklands Trust for the major retail centre, which will be built in four stages over a five year period, adding up to 50,000 square metres at Eastern Creek in Western Sydney Parklands.

It is expected to create more than 1000 local jobs, 500 construction jobs and generate more than $100 million of investment in Western Sydney.

“The new retail centre will contribute to creating a long term recurrent income stream for Western Sydney Parklands Trust, which will allow the Trust to manage the remainder of the Parklands and deliver significant benefits to the Western Sydney community,” Parklands Trust Executive Director Suellen Fitzgerald said.

Western Sydney Parklands Trust’s Plan of Management sets aside 2% of the Parklands for business hubs to fund the remaining 98% of the Parklands.

”By activating vacant land with low recreational and ecological value, Western Sydney Parklands Trust is generating funds to develop and manage the adjacent Bungarribee Park, expand the 1,000 hectare biodiversity corridor and create more cycling and walking tracks for the community to enjoy," Ms Fitzgerald said.

Peri Macdonald, Executive General Manager - Retail, Frasers Property Australia says the development management agreement creates an opportunity to plan and develop land in one of Australia’s largest growth corridors.

“The current concept plan for the retail centre allows for up to 50,000 square metres of floor space incorporating a general neighbourhood retail centre and bulky goods,” Mr Macdonald said.

“The new centre on the Great Western Highway will be within a 15 minute drive for 330,000 people and within a 30 minute drive for 1.2 million. The main trade catchment will extend south to Eastern Creek and to Arndell Park in the east."Businesses sourced for the retail centre will be matched with criteria to ensure they are compatible with the Eastern Creek community. Such business include supermarkets, specialty shops, large format retail, bulky goods and associated retail and services.

The new development is consistent with the provisions within the State Environmental Planning Policy (Western Sydney Parklands) 2009 and the adopted Plan of Management.

Construction of the new Eastern Creek retail centre is likely to begin in early 2017.

RetailAustraliado not useConstructionPlanningReal EstatePlanningSector
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. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
Woolloongabba Precinct Vulture St
Exclusive

Brisbane Developer in Cross River Rail Compensation Tussle

Clare Burnett
4 Min
The Mondrian Gold Coast hotel's food and beverage is driving profits
Exclusive

Touch, Taste, Theatre: What’s Driving Mondrian’s Success

Renee McKeown
6 Min
Fortis’ display suites are designed as brand environments first, with tactile details and curated design to build buyer confidence before project specifics.
Exclusive

Relevant or Redundant: Will Tech Kill Display Suites?

Vanessa Croll
7 Min
Exclusive

Missing Heart: Why The Gold Coast Needs a CBD

Phil Bartsch
7 Min
View All >
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
The Sydney developer is pushing ahead with a project it picked up following the collapse of Dyldam in 2020....
LATEST
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
3 Min
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
3 Min
Aerial view of Caboolture and Bruce highway to Brisbane with Bribie Island Road crossing, Queensland, Australia
Policy

Queensland’s $2bn Push Opens New Housing Front

Vanessa Croll
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/new-sydney-retail-centre-pipeline-set-service-1-2-million-people