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‘Mall of the future’ – Macquarie Centre



The latest example of a mall of the future will be the $440m redevelopment of the Macquarie Centre in North Ryde.
On completion, the centre will contain two new-look department stores, David Jones and Myer, plus a host of international fashion brand stores.The tenant list has not been confirmed, but it may include H&M, Topshop, Topman and Zara.

The project’s second stage should be completed before the Christmas shopping period commences and apart from the new formats for the stores, will offer a leisure and retail destination suitable for employees at the Macquarie University, Macquarie Business Park and local residents.The mall will offer a bigger food court with a wider selection, as well as more seating space. It will offer shoppers communal space and entertainment which is set to boost income to offset the slow sales of traditional department and clothing stores.Shoppers will be alerted to new offers on a 21-metre ceiling screen. 

The ice rink is very popular and may now include storage and locker facilities for click and collect shoppers. The huge growth in online sales has resulted in Australia Post opening up additional freestanding lockers. The first section will open as new data indicates a decline in the retail vacancy rate from 3.8% in December 2013, to 3.6% in June 2014.


More about shopping malls in Australia

YESTERDAY, China:
One of the largest companies in the Asian real estate market, CapitaLand Retail opens all its shopping centers in China.
YESTERDAY, Sweden:
Swedish fashion retailer H&M, the second-largest player in the world market, has announced plans to buy back all products from suppliers.
Apr 3, 2020, Russia:
IKEA introduced a gallery of backgrounds for video calls that are becoming increasingly popular when working from home.
Apr 3, 2020, Germany:
Faced with an extremely adverse reaction, Adidas apologized and said it would still pay rent for April.
Apr 2, 2020, USA:
The WeWork network of coworkers has started offering tenants to halve their rents, provided they sign a lease agreement for several months.
Mar 31, 2020, France:
The brand will refocus some of its production capacity on producing masks and other protective equipment to join the global fight against the pandemic.
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Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
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Adigeo GLA:452 084 SF
ADDRESS: Verona city center
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ADDRESS: ul. Aviakonstruktora Mikoyana, 10
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