INDUSTRY NEWS

Community Benefits Rise with Mandurah Retail Upgrade

April 6 2016
Mandurah retail upgrade

Mandurah community is set to benefit from two major projects announced by Premier Colin Barnett on Monday. Pictured: Jonathan Timms, Vicinity Centres Executive General Manager of Development, and Premier Colin Barnett.

A $300 million redevelopment of a major retail complex in the Peel region will meet the growing needs of the rapidly expanding local population, which is expected to grow to 1.2 million by 2050.

The expansion of Mandurah Forum will transform the current retail space into a major regional shopping centre with an added 24,000 square meters and additional 220 stores, including a new David Jones and Target, in addition to a wide range of dining options.

With Mandurah being the focal point for commercial and retail activity in the Peel region, Mr. Barnett said the new centre “plays a pivotal role in shifting the traditional focus of shopping complexes as simply being a place to shop, to one that brings people together and provides a sense of place and social and recreational opportunities closer to local amenities and homes”.

mandurah forum

An artist’s impression of the revamped Mandurah Forum shopping centre. Source: Vicinity Centres

The redevelopment of Mandurah Forum is the third Western Australian project in Vicinity Centres’ national redevelopment pipeline and is expected to create an estimated 1,000 jobs during construction, and more than 700 ongoing retail jobs at the Centre on completion. With construction set to commence next month, the completely transformed centre is expected to open in 2018.

‘Game Changer’ Project to Transform Peel

The Premier also announced on Monday a $49.3 million Royalty for Regions investment to build the Peel Business Park. Mr. Barnett said that the first stage of ‘Transform Peel project’ in Nambeelup, which includes the business park, a food and agribusiness zone and a water initiative, is expected to deliver up to 33,000 jobs by 2050 and significantly boost economic opportunities across the region.

According to Paul Fitzpatrick, chairman of the Peel Development Commission, “Transform Peel will be a catalyst for major investment and employment that will give more people an opportunity to live in a region that offers the best of both worlds – a relaxed coastal lifestyle close to Perth and the South West”.

Video of proposed Transform Peel project from Peel Development Comission.

Recent Tweets