This article is from the Australian Property Journal archive
GERMAN hypermarket chain Kaufland has received approval to open a further two mega stores in Coolaroo and Oakleigh South, and it is proposing at least nine more across Victoria.
Minister for Economic Development Tim Pallas has approved the two developments with the Oakleigh South store to also become Kaufland’s headquarters.
This is on top of its 115,000 sqm distribution centre in Mickleham, which is under construction, and three approved stores in Dandenong, Epping and Chirnside Park.
Kaufland plans to build at least nine additional stores across Victoria – in Braybrook, Lyndhurst, Geelong, South Morang, Bendigo, Narre Warren, Warrnambool, Coburg and Pakenham.
Kaufland Australia managing director Julia Kern said: “With five approved stores, as well as the additional nine sites under review, we are committed to our long term, sustainable growth across Victoria.
“We look forward to creating thousands of jobs and creating opportunities for local businesses,” she said.
The supermarket giant is already engaging with Victorian suppliers, so it can source local products where possible and will provide opportunities for complementary independent retailers such as cafes within shopping complexes.
Pallas said Kaufland’s investment in Victoria is worth $435 million and expected to create 1,500 jobs. If the nine stores are approved, the investment will top half a billion and create up to 2,400 jobs.
“This is great news for consumers – another major player in the market will provide more choice for Victorians, more value for money at the checkout and create thousands of jobs.
“Their investment will also benefit the construction industry, with the distribution centre and stores set to create hundreds of opportunities for local construction businesses, workers and apprentices,” he concluded.
