Revived multi-million-dollar Market Square brings opportunities to Brisbane’s North

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The re-development of MKT Square Deception Bay offers prospective businesses the opportunity to be part of the growing local market

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Shopping Centre News

February 14 2023

5min read

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Located in the rapidly growing Moreton Bay region, MKT Square’s stage two master-planned multi-million-dollar transformation is nearing completion, offering retail and hospitality operators the opportunity to be part of the growing market.

With a bustling market square at its centre, the energetic retail hub for locals and must-stop for passersby will boast a new full-line 3,850m2 market-style Coles supermarket, a modern designed Coles precinct, new specialty stores, and internal and external architectural design concepts.

This adds to the already established offering of a full-line Woolworths supermarket, Dan Murphy’s Liquor Store, Choice Discounts, as well as a medical precinct anchored by Smart Clinics, IQ Radiology, Sullivan Nicolaides Pathology and Snap Fitness. Plus more than 40 specialty stores, a food court, cafés, restaurants, takeaway eateries, casual dining, and a new Play & Learn Child Care Centre.

The addition of a new Coles supermarket will make MKT Square the only neighbourhood shopping centre in the Moreton Bay region to offer both a Woolworths and Coles, giving locals a one-stop-shop and the ultimate convenience.

The demand for access to more supermarkets, retailers, businesses, and services in the area is growing

Situated on a 6ha parcel of land, MKT Square is located in the seaside suburb of Deception Bay in Queensland’s Morton Bay region, approximately 30 minutes north of Brisbane and just eight minutes off the Bruce Hwy.

Moreton Bay is the third largest council in Australia and is one of Australia’s most rapidly growing regions. The population is larger than Canberra with levels forecasted to grow by 210,000 to 690,000 by 2041.

The demand for access to more supermarkets, retailers, businesses, and services in the area is growing.

Mintus Properties, the master developer behind Southeast Queensland’s MKT Square Deception Bay, together with architects ThomsonAdsett and project builders Mainbrace Constructions, are transforming the centre and expanding the offering to provide more variety to residents in the rapidly growing Moreton Bay region.

MKT Square Deception Bay will comprise of approx. 21,150m2 of retail space

As part of stage one completed in 2019, ThomsonAdsett prioritised several design drivers that have continued through to the design of the overall master plan. This included the creation of spaces that are functional, pleasant, and responsive to the community’s needs by providing unique retail offerings, improvements to external façade upgrades, landscaping, street trees and shade trees, pedestrian shopfront walkway and a softened interface with the streetscape.

The purpose-designed undercover six-bay Click & Collect drive-through, new façade treatments, lighting, and architectural features.

Due to be completed in mid-2023, the re-development will offer prospective businesses the opportunity to be part of the growing local market with retail spaces soon becoming available for fresh food, takeaway, and service-based retail operators.

“The addition of the Coles supermarket to the existing centre as part of stage two, combined with the existing Woolworths and Dan Murphy’s offering presents an amazing opportunity for our existing and new retailers to position themselves next to one of the only dual anchored neighbourhood centres in the area,” says Ben Stewart, Director – Retail and Residential at Mintus Properties.

‘’Our continued investment in MKT Square Deception Bay shows the commitment we have to the centre and the local area.’’

‘We are very proud to be approaching the completion of this exciting development for the local community.’’

‘’We see a tremendous opportunity to shape what is an already successful retail asset into an even better one.’’

‘’With Moreton Bay’s increasing population, there’s a fresh surge of new business opportunities in the area on top of an already thriving business boom.’’

The completed re-development will bring new customers to the centre

Upon completion, MKT Square Deception Bay will comprise of approx. 21,150m2 of retail space with Woolworths, Coles, Dan Murphy’s, a medical precinct, Play & Learn Child Care, six mini-majors, a gym, three pad sites, Centrelink, and 40 specialty retailers.

MKT Square will be a place where residents will want to meet friends, interact with the community, and enjoy all the conveniences of a modern shopping centre with a full range of services.

Amcal Day & Night Pharmacy owner Ashell Chand says the completed re-development will bring new customers to the centre.

‘’The re-development has brought an exciting energy to the centre. The new offering is going to be well received by our local community and will increase the variety as well as bring new customers to our centre,’’ said Chand.

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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