One of Sydney’s best kept retail leasing deals can now be revealed with independent grocer, Romeo’s Retail Group, preparing to open Sydney’s first Locali by Romeo’s food market at 388 George Street. The European-inspired fresh food market will open mid-March, making it the first of its kind in Sydney. A second Locali by Romeo’s will open mid-year at Brookfield Place Sydney.
Romeo’s Retail Group will deliver its brand-new European-inspired food market in the lower level of 388 George Street, with pedestrian access provided via both King and George Streets.
The stunning finishes of the building sets a new benchmark
The Group has signed a 15-year lease for approximately 1,600m2 of space and will deliver a contemporary fresh food market featuring a walk-in cheese room, commercial kitchen, dine-in café and restaurant, sushi bar, meat and fish offering, continental delicatessen, nut bar, salumi bar, authentic fresh pizza, Italian bakery, florist, and a liquor store – offering wine tastings.
Joseph Romeo said, “Our unique in-store experience of fresh food and dine-in options is strongly supported by our niche, locally-sourced products which support Australian farmers and producers. This is complemented by our unique global range.”
Locali is a brand-new European-inspired food market
The $200 million transformation project of 388 George Street was completed in November last year. It is jointly owned by Brookfield and Oxford Investa Property Partners (OIPP).
Danny Poljak, Executive Vice President & Co-Head of Brookfield Properties, said, “The Romeo family are innovating the way Sydneysiders and CBD workers view their local grocer. With Locali by Romeo’s, they are really carving out a niche in the Sydney market by providing outstanding food and beverage choice combined with everyday essentials and amenity.”
Nicole Quagliata, Fund Manager, OIPP, said, “Locali by Romeo’s is a wonderful addition to 388 George Street, which is fast cementing its position within Sydney’s new luxury precinct.”
388 George Street inspires with luxury finishes
388 George Street sits on one of Sydney’s busiest intersections on what is fast becoming the George Street Boulevard. Outstanding transport options, easy access to some of the world’s best-known luxury brands and outstanding everyday amenity. The destination was completely refurbished and reimagined in 2020, and the office space in the main tower now includes activated atriums to enhance connectivity, new ceilings, carpets, bathrooms, lift floor lobbies, new chillers, and on-floor amenities to enable highly productive 1:10 workspace densities. It is already home to Aware Super, with QBE joining in April 2021.
The building will be in the heart of George Street’s transport hub
The ground plane and new pavilion building was designed by architects FJMT and provides five levels of commercial and retail space, a rooftop bar and flagship retail stores. It was designed to complement the rich history of the site, incorporating a custom-designed curved sandstone and glass façade inspired by the topography of the surrounding CBD landscape
The redevelopment created over 250 jobs during its construction. Complexities faced throughout construction included the intricate and extensive use of glass on the project with the largest piece of glass used measuring 7 metres by 3 metres and weighing 2.4 tonnes. The glazed doors found at the entry to the foyer are the first structural glazed revolving doors in Australia.
The building sits as an icon in Sydney’s CBD
