Chadstone Shopping Cente has applied for yet another redevelopment, this time worth $685 million.
Vicinity Centres today revealed plans for five projects that will see major changes for the 24 million visitors the centre brings in every year.
Development applications have been lodged with the City of Stonnington which include:
— More than 1,400 additional car spaces, across two car parks
— New nine-storey commercial office building on Middle Rd
— Expansion of the current dining terrace and leisure precinct
— Upgraded fresh food precinct, with focus on workplace, wellness and lifestyle retailers
— Further expansion of Australia’s biggest luxury mall
Vicinity’s Chief Development Officer Carolyn Viney said ‘“We know Chadstone plays a significant role within the growing Monash’s economic region supporting ongoing and future employment. Our plans will address demand from commercial tenants wanting to be based at Chadstone and continue to deliver the experiences our customers and retailers have come to expect from The Fashion Capital.”
Chadstone Director, Fiona Mackenzie has invited the Chadstone community to be part of the planning process during 10 weeks of consultation, with information sessions to be held in December, January and February.