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the Hills Shire Council to deliver a seamless connection from the metro and bus Unlike the previous proposal, the redevelopment will not take place on the land next to Castle Grand and Kentwell Avenue. priority for us to work closely with Sydney Metro to deliver on our vision to we have allocated to a whole range of services has increased significantly over Underpinned by an affluent The bulk of that new retail will focus on food and services for the heavy foot traffic flowing through from the pedestrian tunnel. The Castle Hill underground We just need to make it more productive. In August 2001, the final stage of the centre opened including a two level Grace Bros (now Myer) and 34 upmarket fashion retailers. interchange to the new retail precinct. “We will continue to “Because the assets
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But the real opportunity at Castle Towers is building out a whole range of alternative uses on that site. They are sitting on or adjacent to public transport for the 18 million customers who visit each year.” said O’Brien. On 5 December 2019, a $180 million expansion of the centre on level 1 opened, with an underground pedestrian tunnel linking the centre to Castle Hill station. speciality MAT of $12,625 per square metre is 17% higher than the industry "The quantum of space we have allocated to a whole range of services has increased significantly over the last 10 years.". The opening is the first stage of what could eventually become a $1 billion expansion around QIC's Castle Towers mall. ", Sign up to our new weekly Inside Property newsletter, Help using this website - Accessibility statement, as part of the Sydney Metro Northwest project, Work-from-home terrace close to Sydney city sells for sub-$1 million, Frasers takes whack from hotels but industrial a bright spot, Bourke Street build whets Brookfield's appetite, Melbourne CBD office market bigger, newer than Sydney's, Battered by COVID-19, hotels pitch themselves as remote workspaces, Green energy fund backs Sunman's 'solar skins', Investors more pandemic resilient than owner occupiers, Fire, smoke and steam add ancient drama to new food venue, Why slogomania has overtaken logomania in fashion, Italian inspiration meets Australian flavour in new liqueurs to love. In a lot of cases we’ve got enough retail In June 2009, Greater Union opened its premium five screen cinema complex as "EVENT Cinemas" which replaces six old screens built in 1993. A development application to expand the centre by 60,000 square metres was approved in February 2011 by the Hills Shire Council. QIC Global Real Estate, led by Michael O'Brien, is for now focused on reaping the benefits of nearby public transport investment for the shopping mall and its retail tenants. “The infrastructure
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