Vicinity Centres Moves Forward With Multi-Million Chadstone Redevelopment

Chadstone Shopping Centre in Melbourne is undergoing a massive facelift with a $350 million redevelopment project.

Turner & Townsend Thinc has been appointed by Vicinity Centres to project manage delivery of the new tenancies.

The redevelopment will increase the centre’s circulation by 25,000 square metres and further expand one of Australia’s largest and premier shopping destinations.

Approximately 570 stores will feature in the vibrant retail centre when the work is completed.

Turner Townsend Thinc Director James Coffey commented that he was delighted to be working on one of the largest shopping centres in the Southern Hemisphere, as billions of dollars are already being spent on major shopping centre redevelopment projects across Melbourne.

“Three of its flagship tenancies including H&M, Zara and Uniqlo, plus two mini major tenancies - Rebel and JB HiFi will be managed by our tenancy delivery team.

“This redevelopment will further enrich Chadstone Shopping Centre as a distinctive and unrivalled retail and community destination,” he said.

The redevelopment will create a new entertainment precinct that will include a state-of-the-art Hoyts digital cinema complex, a revitalised west mall with luxury and international fashion flagship retailers and a new Target store.

Forty new retailers are included in the redevelopment plans further expanding on Chadstone’s incomparable retail offer.

Chadstone Shopping Centre’s expansion is due for completion in mid 2017, with the first stage set to open in late October 2016.

This is the second major shopping centre project for Turner & Townsend Thinc. Its appointment to Chadstone Shopping Centre is its second in this sector within the last 12 months.

The company was also appointed to project manage the $665 million expansion of Eastland Shopping Centre in Ringwood, Melbourne which opened in 2016.