Major construction work on the brand new David Jones department store and the new and improved Myer at Indooroopilly Shopping Centre has now kicked off.
Eureka Funds Management started work on the Centreʼs $450 million expansion earlier this year in one of Brisbaneʼs largest retail redevelopment investments over the past decade.
Eureka Funds Management managing director, Mr Bob Kelly, thanked customers and neighbours of the
shopping centre for their loyalty and patience during the major redevelopment.
“This work represents a major investment in the Indooroopilly community and a massive expansion of the retail offering in the western corridor catchment of Brisbane.
“The construction plan will allow brand new facilities such as additional car parks and shops to open
progressively over the 30-month building program, to ensure maximum convenience and accessibility as we deliver an exciting new retail experience for our customers.”
Leading contractor Brookfield Multiplex is undertaking the works and has laid the foundations for the 14,200 square metre David Jones, which is scheduled to open in 2014.
Brookfield Multiplex also started external construction works for the revamped Myer store, which is being
reconfigured with a brand new fitout occupying around 15,000 square metres of space over two enlarged floors of the centre.
“The project is going very well,” said Rod McDonald, Regional Managing Director, Construction and
Development Queensland. “We have met our first milestone with the handover of the first target delivered on time and on budget.”
The first milestone of the redevelopment is a new Target store that is on track to open in November along with a new café and several childrenʼs fashion stores on Level 2.
Eureka Funds Management worked with Brisbane City Council and State Government agencies over a number of years to finalise the approved plans.
Customers can look forward to around 30,000 square metres of additional retail space including a new mall, a Coles supermarket and around 900 more car parks.
In addition to the new David Jones and Myer, major upgrades are planned for Kmart and Woolworths as well as 120 new specialty stores focused on fashion and accessories, a fresh food market and an exciting new dining and entertainment precinct on the corner of Station and Stamford roads.
Indooroopilly Shopping Centre general manager, Ian Ferguson said that around 1,500 jobs would be created during construction and around 1,200 permanent, part-time and casual jobs would follow once the work was completed.
“For the majority of the building program, itʼs business as usual at Indooroopilly Shopping Centre, but customers can receive redevelopment updates at the Indooroopilly Shopping Centre website www.indooroopillyshopping.com.au/redevelopment including valuable journey planning information,” he said.