This article is from the Australian Property Journal archive
HARRY Triguboff’s Meriton has unveiled plans for a food precinct as part of a new town centre earmarked for Dee Why.
The emporium will be part of a 16,000sqm retail and office area at Meriton’s planned $300 million Lighthouse development, earmarked for a former shopping centre site.
Meriton bought the 1.44ha Lighthouse site for $52 million three years ago from Brookfield.
Meriton has started a leasing campaign for the retail space, where the major tenants will be a supermarket and one of Australia’s major banks.
Lighthouse, in which the tallest of four planned buildings will be 20 levels, also will have speciality shops, restaurants and cafes, along with office suites and a 130-place childcare centre.
“We’re seeking expressions of interest from operators interested in helping us deliver a retail area that will be an exciting plus for the residents of Dee Why and surrounding areas,” Meriton’s Nicholas Ivanov said.
Ivanov said Lighthouse would have a large first-floor area that catered for, among other tenancies, dining outlets overlooking a lively piazza-style landscaped dining precinct.
“We are living in an era where people are hungry for food adventures so things like a pizza and wine bar and an organic grocery shop have great appeal.
“We feel that if we can create a food emporium, we will add a new dimension to the food offerings in Dee Why and to the experiences available to shoppers,” he added.
The Dee Why masterplan provides for 550 car spaces servicing the retail and commercial precinct. Marketing for Lighthouse’s 356 apartments is expected to start next month.
Australian Property Journal
