Frasers Property wins retail development rights at Eastern Creek

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Shopping Centre News

November 28 2016

5min read

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Frasers Property Australia has been awarded exclusive development management rights by Western Sydney Parklands Trust for a major new retail centre of up to 50,000m2 at Eastern Creek in Western Sydney Parklands.

The new retail hub is proposed to be built in four stages over a five-year period on a 15.7-hectare site on the Great Western Highway, between Rooty Hill Road South and the M7 motorway. It will create more than 1,000 local jobs, 500 construction jobs and generate more than $100 million of investment in Western Sydney.

“Frasers Property’s strong track record in the development of retail centres makes them an ideal partner for this business hub site,” said Suellen Fitzgerald, Executive Director of Western Sydney Parklands Trust.

The company delivered the six-star Green Star rated The Ponds Shopping Centre in north west Sydney and is currently involved in the development of what will be one of the world’s most sustainable retail centres at Burwood Brickworks in Melbourne.

Peri Macdonald, Executive General Manager Retail, Frasers Property Australia says, “The current concept plan for the retail centre allows for up to 50,000m2 of floor space incorporating a general neighbourhood retail centre and bulky goods.”
Frasers Property will seek businesses for the retail centre which are compatible with the Eastern Creek community including supermarkets, specialty shops, large-format retail, bulky goods and associated retail and services.

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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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