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.