Construction commences for CS Square’s latest extension

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Leasing interest has been strong for both retail and office space with project completion expected for late 2023

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Shopping Centre News

November 30 2022

5min read

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Construction has officially begun on CS Square’s extension, CS Hub – a brand new retail and commercial office precinct running along Lake Street and Commercial Road, Caroline Springs.

Located directly opposite CS Square, which features all three major supermarkets and a Kmart, CS Hub will be a brand-new bulky goods precinct that will further strengthen the retail offer within the Caroline Springs community.

Ben DeLutis, Chief Operations Officer at DeGroup said, “We’re so excited for construction to be starting at CS Hub. With the precinct being just a minute’s walk from the existing shopping centre, CS Hub will solidify Caroline Springs as the go-to shopping precinct in the City of Melton. Demand for both retail and office space has been strong, and we know that our customers want more, so we’re thrilled to be delivering an enhanced shopping experience for the local area.”

Adding more than 3,500m2 of retail space, exciting new retailers will join the mix alongside CS Square’s existing big brands such as Priceline, Specsavers and The Reject Shop. CS Hub will focus on providing a mix of lifestyle goods, everyday essentials, and professional services; ultimately enhancing everyday convenience for the community.

The precinct will also provide more than 500m2 of commercial office space. Focusing on more curated spaces ranging between 67 to 85 square metres, CS Hub will be the perfect office solution for local businesses and startups looking for a contemporary setup that’s also conveniently positioned in the heart of Caroline Springs.

DeGroup, a family-run, Australian property group purchased the site in 2021 for circa $136.5 million. DeGroup currently own and manage four shopping centres across Melbourne including CS Square, Sanctuary Lakes Shopping Centre, Somerville Central and The Village Bacchus Marsh.

In partnership with LSR Construction, project completion is expected to be in late 2023, and leasing interest has been strong for both retail and office space, with only several tenancies left available.

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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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