Forest Hill Chase shopping centre, which is located in Melbourne’s eastern suburbs, will in early December unveil an $18 million dining and entertainment precinct redevelopment which it says will bring together state-of-the-art design, functionality and renowned food and lifestyle retailers all under the one roof. The redevelopment, known as The Loft, will include 11 new restaurants with a wide range of cuisines, a new innovative kids’ play area, and significant upgrades to the ambience,
amenities and entertainment offerings.
The centre, which is owned by private investment firm The Blackstone Group, is managed by 151 Property and JLL. Management anticipates a 10 per cent increase in visitation, and says that there will be numerous new jobs on offer for the local community.
Centre manager Stan Crinis said, “We know that our locals have long been looking forward to an exciting, new offering that has the same calibre of restaurants, retailers and entertainment as other metro shopping centres. We’re thrilled to now be able to fulfill this with the launch of The Loft and anticipate this will enhance our offering to our locals; providing them with more leisure and entertainment options than ever before.”
Planning of The Loft redevelopment commenced in 2016, with the build undertaken over a six-month period. The Loft will also include a Hoyts “relax and recline experience”, a Timezone and a live music entertainment series.
The redevelopment of Forest Hill Chase is set to be a gamechanger for the local area and also 151 Property and JLL as part of a wider master planning strategic enhancement.
