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Scentre in $470m development on the Gold Coast

Westfield CoomeraRetail landlord, Scentre Group, and co-owner QICGRE (QIC Global Real Estate), have begun work on the $470 million development of Westfield Coomera on the Gold Coast.

The co-owners said the development is positioned in a ‘booming region’ and will offer a social destination for the Gold Coast’s northern growth corridor.

Located 500 metres off the Pacific Motorway (M1) and next to the Coomera train station, the 59,000sqm centre will bring 140 specialty stores to the area, including Woolworths, Coles, Kmart, Target and an Event Cinemas complex with gold class.

The centre will feature entertainment, dining and large open green spaces for kids to play.

“This is the first Westfield ‘greenfield’ development in more than a decade and will form part of the longer-term Coomera Town Centre project that will encompass a wide range of amenities for the local region,” said Greg Miles, Scentre Group’s chief operating officer.

“The future town centre will include community space, commercial, residential and mixed use elements, which will complement the retail and lifestyle destination we’re currently developing for residents of the Gold Coast’s fastest-growing region,” Miles said.

Miles said the shopping centre will be “a true community hub” that is curated to meet the needs of local customers.

“Our shared vision is to deliver a development that reflects the values and aspirations of the region,” said Steven Leigh, managing director of QIC Global Real Estate. “A focal point for the community and a place to eat, shop, socialise and dwell.”

Work is currently underway, providing almost 7,500 jobs to the area during construction and in retail on completion, according to Scentre, who said the project will be completed in late 2018.

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