CONSTRUCTION has started on the $210 million redevelopment of Caneland Central in Mackay, owned by the Australian Prime Property Fund Retail.
The expansion will see the centre grow from 39,000 sqm to 62,500 sqm to include the region’s first Myer, an expanded IGA supermarket, Target, Big W, Woolworths, around 240 specialty stores and additional car parking.
Caneland Central is located in one of Australia’s fastest growing regions, and is one of the highest performing assets in the Lend Lease managed portfolio.
Myer’s Paul Banks said the new Mackay store is going to set a new standard for retail in the region.
The development is targeting a Green Star Retail Centre v1 Rating to reduce energy and water consumption and improve the indoor environment with natural daylighting and environmentally sensitive material selections.
Bovis Lend Lease is responsible for project management, design and construction, with Lend Lease design providing architecture, structural design, engineering and sustainable design services.
The project is due for completion in 2011 and will create around 3,500 jobs during construction and operation of the redeveloped centre.
Australian Property Journal
