Broadway Shopping Centre set for $55 million upgrade

Broadway Shopping Centre set for $55 million upgrade
Jonathan ChancellorJuly 28, 2015

The Broadway Shopping Centre in Sydney is set for a $55 million redevelopment.

The redevelopment includes a 3400 square metre-expansion of Level 2 that will add about 31 new stores.

The redevelopment will also increase the centre's food and fashion retail offer, following the introduction of Apple Store in mid-2012 and ALDI last year.

Business as usual will continue throughout the redevelopment period.

The Mirvac and Perron Investments-owned Broadway Shopping Centre ranked first for turnover per square metre according to the 2015 Shopping Centre News Big Guns report, up 6.4 per cent from last year at $12,248 per square metre.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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