Construction for Stage Two of property group Primewest’s $75 million North Lakes project is under way and is starting in March. Stage one included The Good Guys, Pillowtalk, Super Amart, PetStock, Baby Bunting and Godfrey’s. Stage two will feature 11.350 square metres of large retail space and will introduce Spotlight, Anaconda, Supercheap Auto, Bedshed, Beacon Lighting and a Kitchen Warehouse! All construction for this project should be completed by late 2016. Stage three will commence soon after stage two but will be completed in 2017.
Super Amart Regional Store Manager said North Lakes represented a major growth opportunity for the company and trade had been good. He said the company was excited about what stage two of North Lakes would bring now and in the future for Super Amart.
“As North Lakes is still developing I believe we will develop along with the suburb and broader community and be a well supported business in the local area,” Pillowtalk spokeswoman Helen Kerr said
“While Stage Two is very much large format retail, the third stage will be a more traditional retail centre,” David Schwartz (Primewest director) said.
“We are aiming to overlap the start of Stage Three with the rear end of Stage Two construction works, so they should be operational within a few months of each other.”
According to Mr Schwartz, more than $1.3 billion worth of retail, commercial and residential investment was planned for North Lakes over the next decade and Primewest would play a major role in the area. He said the Stockland master planned and developed North Lakes had been designed to ultimately accommodate 25,000 residents and create over 13,000 jobs. Moreton Bay Regional Council Mayor Allan Sutherland welcomed the start of construction on Stage Two of the Primewest development at North Lakes.
“There is a jobs boom happening right now in the Moreton Bay Region with huge national brands opening their doors,” Mayor Sutherland said.
“North Lakes has quickly established itself as the top shopping mecca of the Northside, with popular retailers offering huge choice and great value for shoppers.”
“Primewest have demonstrated their confidence in our region by launching their next $75 million stage of development, and it is this kind of strong business confidence that has helped rocket our council to the number one spot in Queensland for economic growth and strength.
“In 2015, 12,300 jobs were created and recorded in our region, that’s more than the Greater Brisbane or Gold Coast areas, and its great new developments like this in North Lakes that are leading the way for even more
jobs growth in Moreton Bay.“With the opening of the new Moreton Bay Rail line expected in coming months, North Lakes will be even more accessible to shoppers.”
Source
www.northlakes.com.au
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