With retail investment volumes reaching over $8.4 billion in 2015, Australia’s retail landscape is booming. But without the right construction partner, developers can quickly expose their projects to delays and cost blowouts.
A good construction partner is as vital a part of successful retail developments as a clever architect, and can often mean the difference between a smooth project that meets its opening date and a project that keeps stalling.
According to Simon Gray, Group Managing Director of national tier 1 builder
Probuild, the right retail construction partner understands the complexities of retail construction and knows how to lead and manage complicated tenders.
“Developers need certainty of delivery so they want a team that understands the retail market,” Mr Gray said.
“At Probuild for example, we’ve completed some of the largest and most iconic retail projects in Australia. We’re delivering over 370,000 square metres of retail construction right now – the most in Australia.”
From choosing a tier 1 company to ensuring a single point of contact, here are five tips wise retail developers consider when choosing a construction team.
Probuild's expansion of Eastland Shopping Centre, Ringwood, Victoria.[/caption]
Werribee Plaza, Victoria, expansion by Probuild.[/caption]
Simon Gray is the Group Managing Director of Probuild, Australia’s largest and most successful Tier 1 Construction Company. Currently delivering over 370,000 square metres of retail construction across the country – Probuild has successfully delivered more retail projects than any other commercial builder in Australia.
Alongside their retail successes, Probuild are also the driving force behind some of Australia’s most iconic developments: Aurora Melbourne Central (Melbourne CBD’s tallest residential tower), Elizabeth Quay in Perth and Jupiters New Suite Hotel on the Gold Coast. For more information on how Probuild can assist with your next project click here.
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Main image: South Wharf DFO, Docklands, Melbourne.