STOCKLAND has unveiled the third stage of its $414 million redevelopment of the Green Hills shopping centre in the Lower Hunter.
The opening comprises 16,000 sqm of new retail including a major Target store, 75 specialties and the first stage of an expansive entertainment and dining precinct.
Stockland group executive and CEO of commercial property John Schroder said this is the largest retail redevelopment ever undertaken for the Stockland portfolio.
“Once the centre’s transformation is complete next year, Stockland Green Hills will be the premier retail, entertainment and casual dining destination for the Hunter and Newcastle regions – on par with any leading regional shopping centre in Australia,” he added.
The expansion has created 21,700 sqm of additional floor space. Upon completion next year the new centre will be over 74,000 sqm and will feature a David Jones department store, Harris Scarfe, JB Hi-Fi, around 220 tenancies and a vibrant new dining and entertainment precinct that features a new 900 seat Hoyts cinema, Chipmunks play centre, Timezone and an array of upmarket casual dining outlets.
Australian Property Journal
