Ripley Town Centre secures 80 percent occupancy well ahead of opening

Ripley Town Centre secures 80 percent occupancy well ahead of opening
Ripley Town Centre secures 80 percent occupancy well ahead of opening

The first stage of the $1.5 billion Ripley Town Centre has secured an array of new leases as construction of the $40 million project is well advanced.

The latest leases lift its occupancy to over 80 per cent in what will be a marketplace-style centre anchored by a Coles supermarket.

It will be supported by 20 specialty stores, a medical centre and commercial office space.

Ripley Town Centre has secured tenancies from liquor giant BWS, a bakery, newsagent, nail salon, hairdresser, massage centre and café.

The Victoria-based Quay Family Healthcare signed up for the major medical centre to operate on the site.

Other health and medical tenants secured include The Discount Chemist, dentist Dr Nauv Kashyap who is opening his eighth South East Queensland practice, and Ipswich veterinarian Andrew Hemming who is targeting a second surgery to complement his existing Flinders View Veterinary Surgery.

Construction of the 9000sqm first stage is now well advanced with the roof installed, glazing and shopfronts currently being installed.  

“We’re pleased with construction progress over the past year, and we’re thrilled to see the number of retailers and commercial businesses moving to capitalise on the potential of the regional town centre,” said Ripley Town Centre development manager Taku Hashimoto. 

The new regional hub will service up to 120,000 people expected to call the Ripley region home over the coming years.

Ripley Town Centre has implemented several sustainability initiatives to secure a 5 Star Green Star Design through the installation of 1800 individual solar panels, with the majority to be installed on the 360 vehicle carpark shade structures as part of the 480kW system that will help generate a sizable portion of the town centre’s power needs at peak times.

Ripley Town Centre secures 80 percent occupancy well ahead of opening

 

 

 

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Retail Commercial Property

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