Byron Bay's new shopping precinct seeking tenants

Byron Bay's new shopping precinct seeking tenants
Byron Bay's new shopping precinct seeking tenants

Mercato on Byron is set to be the ultimate fusion of urban chic and coastal cool with its new and innovative approach to shopping, dining and entertainment. 

Collers International Retail Leasing team has been appointed to secure tenants in conjunction with Raine & Horne Byron Bay.

Offering the latest in sustainable design and technology, Mercato on Byron will be set over two levels of 7,895 sqm on Jonson St, with open dining spaces and room for outdoor markets, galleries and performances.

It has been designed with natural aesthetics of the surrounding environment in mind.

The use of sunlight, vertical gardens and trees, stone, timber and recycled materials feature heavily.There are also provisions for solar electricity, and rainwater harvesting and re-use.

Mercato on Byron aims to be the first regional one-stop shopping complex aimed at achieving a Five Green Star design rating, with retail, F&B and entertainment all located in one location.

It’s a community-based environment for tourists and locals alike, offering a friendly family-focused entertainment precinct, fresh food, casual dining and a place to meet for a drink or to socialise.

Mercato will be anchored by a new 3,400 sq m Woolworths store on the ground floor. The current 2,000 sq m Woolworths store welcomes 35,000 customers a week. This is expected to increase to approximately 50,000 customers once the size increases to 3,400 sq m.

Tenants have been attracted to Mercato because of the high foot-traffic and buzz that’s being created around the development. The new tenants will include a new nine-cinema Palace Cinema complex, restaurant Beach and Beef, Zaza Kebabs, Crispy Fried Chicken, Bed, Bath and Table, The Don Traditional Barber, and a handful of boutique speciality retailers.

The project is a joint venture between Wingate and Azzura and is expected to be open in time for Christmas 2018.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Byron Bay Shopping

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