Retail success drives Uni Hill Factory Outlets expansion
Since its 2011 relaunch, Uni Hill Factory Outlets has gone from strength to strength, culminating in MAB Corporation’s announcement of the centre’s expansion from 13,700m2 to 19,600m2.
MAB Chief Operating Officer David Hall said the ongoing success of Uni Hill Factory Outlets and the rapid growth of Melbourne’s north provide the right environment for the centre’s expansion.“Melbourne’s burgeoning north continues to grow both in terms of its economy and population,” said Mr Hall.
“The expansion of Uni Hill Factory Outlets accommodates the needs of this growing customer base by providing over 100 outlet retailers in one convenient location. Existing tenants, including Nike Factory Store, Quiksilver, Cotton On and Kathmandu Outlet are excited by the opportunities the larger format offers and will be increasing the size of their own tenancies to provide a broader range to their customers,” he said.
Retail Director of Nike Australia, Dallas Boland, said the move into the new tenancy will make their store the largest factory outlet for Nike in Victoria.
“The Uni Hill Factory Outlets expansion provides an opportunity for Nike to secure another premium residency within the centre to help accommodate our growing product range and the needs of our customers,” said Mr Boland.
Construction has now commenced and completion is scheduled for late 2014.Upon completion, Uni Hill Factory Outlets will be comparable in size to Essendon DFO, making it the number one outlet store shopping destination for Melbourne’s north. Uni Hill Factory Outlets is part of MAB Corporation’s highly awarded University Hill community in Bundoora. Located on the intersection of Plenty Road and the Metropolitan Ring Road, University Hill is perfectly positioned to provide convenient access to all major arterial road networks, Melbourne’s CBD and Melbourne Airport.