This article is from the Australian Property Journal archive
AMP Capital Investors has lodged a long-term Master Plan with Warringah Council to redevelop Warringah Mall, located on Sydney's Northern Beaches.
The centre is managed by AMP Capital Shopping Centres and is co-owned by funds managed by AMP Capital Investors and WestART Trust.
Warringah Mall was opened in 1963 and is Sydney’s only open air regional shopping centre. The centre occupies approximately 17ha, has six major tenants including David Jones, Myer, Woolworths, Coles, Big W and Target, approximately 275 specialty retailers and a nine screen Hoyts cinema.
The Mall also provides parking for almost 4,500 cars.
The 12 year Master Plan includes enhancement to street façades, increases in retail space of up to 35,000 sqm and the addition of more than 1,000 car spaces.
AMP Capital Investors will also submit a Development Application for Warringah Mall for the possible addition of an 8,000 sqm, two level mall, which will have a mix of specialty retailers with a focus on fashion.
AMP Capital Shopping Centres acting managing director Bryan Hynes said the plan provides the framework of how Warringah Mall could look in the future.
“Key to this plan is creating a landmark for the Northern Beaches through redesigned facades and an enhanced retail offer, over a series of staged improvements.
“The first stage of improvements to Warringah Mall aims to increase the fashion offer to service the changing demographics of the Northern Beaches. During this stage, car parking will also be improved and increased, with the addition of 330 customer car spaces,” he concluded.
Australian Property Journal
