Welsh Group buys another site at Armstrong Creek with construction set to commence

Welsh Group buys another site at Armstrong Creek with construction set to commence
Welsh Group buys another site at Armstrong Creek with construction set to commence

Melbourne developer Welsh Group has purchased an additional site in the Victorian suburb of Armstrong Creek.

The site at 500-540 Surf Coast Highway completes the Welsh Group ownership of over 40 hectares of landholdings at the mixed-use Armstrong Creek Town Centre.

Construction of the site, which has now received planning approval, is due to commence in the coming weeks.

Stage 1 of the development comprises of a Coles supermarket along with supporting specialty retail.

Welsh Group buys another site at Armstrong Creek with construction set to commence

Andrew Welsh, Managing Director of Welsh Group, said Stage 1 of the Town Centre is scheduled to open in 2020.

“Stage 1 will initially service approximately 58,000 people, and provide in excess of 1,100 ongoing jobs, with the suburb set to rapidly increase to over 110,000 residents by 2036,” Welsh said.

“The Welsh Group has a strong investment within the Geelong region through its residential homes division, Welsh Homes.

“The Armstrong Creek Town Centre will be the first major commercial project in this region delivered by Welsh Group, and will include a range of retail, leisure and entertainment, residential and community facilities; bringing an array of services and employment opportunities to the growing community.”

Colliers International has been appointed as exclusive leasing agents with Mike Crittenden and Adam Lester set to manage the leasing campaign.

“The initial off market campaign in securing the anchors, has already generated significant local and national retail interest for the soon to be launched specialty tenancies,” Crittenden said.

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