Joint venture partners QICGRE, MAB and GPC have announced a new Coles supermarket to service Melbourne’s fast growing northern growth corridor, with the $40 million Stage One construction works due to commence at Merrifield City Centre next year.
Spanning approximately 7,000 square metres, the first stage of the Merrifield City Centre will deliver, alongside the new Coles, approximately 20 specialty retailers, proposed to include a pharmacy, bank and a variety of food and beverage offerings.
Once completed, the City Centre will service the residents in Merrifield and is expected to also draw customers from surrounding new greenfield developments across Donnybrook and Mickleham, as well as throughout the region.
It will offer a range of retail experiences from everyday essentials shopping to more specialist boutiques and dining options, providing a central retail destination for the region.
It is part of a vision to create a premier city lifestyle at Merrifield, Victoria’s largest mixed-use master-planned community.
Managing Director of QIC Global Real Estate, Steve Leigh, said: “The proposed development reflects our philosophy of creating multi-purpose, retail-led destinations that fulfil the lifestyle needs of communities”.
“This first stage of Merrifield’s City Centre is an essential component of our long-term development that will comprise a best-in-class centre delivered in a number of stages to service Melbourne’s northern growth corridor,” Mr Leigh said.
“We are pleased to bring our expert knowledge in creating large-scale city centre destinations to this leading master-planned development. During the past 20-plus years we have acquired and developed a retail portfolio of 37 real estate assets globally”.
“Our recently completed developments at Eastland in Melbourne’s east and Robina Town Centre on the Gold Coast demonstrate our commitment to creating destinations that provide lifestyle, recreation, entertainment and dining experiences, in addition to an exceptional retail offer,” Mr Leigh said.
MAB Managing Director, Andrew Buxton said: The first stage of the Merrifield City Centre represents an important milestone in the creation and delivery of the future epicentre of Melbourne’s north with plans for more than 200,000 m² of retail floor space at completion.
“Our commitment is to the early delivery of services, shopping and restaurants for the new residential and business community at Merrifield and create a premier lifestyle and business destination for the region,” said Mr Buxton.
He said catering to the needs of the growing population within Melbourne’s northern growth corridor was critical.
Located at the corner of Donnybrook Road and Hume Freeway in Mickleham, Merrifield will transform over 900 hectares into a vibrant new city, comprising more than 8,000 new homes at completion, accommodating over 20,000 people, a 300 hectare business park and 140 hectare city centre, which will create more than 30,000 new jobs for the region.