Out­let shop­ping takes off

Southern Gazette (South Perth) - - STREET WATCH -

A DI­RECT fac­tory out­let (DFO) cen­tre com­pris­ing more than 110 stores is set to be built in the Air­port West Re­tail Park.

Perth Air­port an­nounced a 50/50 joint ven­ture with Vicin­ity Cen­tres last week to de­velop and jointly own the cen­tre at a site cov­er­ing 9ha on Dun­reath Drive.

The ten­an­cies will com­prise spe­cialty out­lets, pre­dom­i­nantly fash­ion, food and bev­er­age shops, and park­ing for 1600 cars.

Vicin­ity manag­ing direc­tor An­gus McNaughton said the devel­op­ment was ex­pected to cost about $145 mil­lion.

“Sub­ject to plan­ning ap­provals, con­struc­tion is ex­pected to start in mid-2017, with com­ple­tion of the project fore­cast for 2018,” Mr McNaughton said.

“Vicin­ity will be the prop­erty and devel­op­ment man­ager of this project and we are de­lighted to have the op­por­tu­nity to cre­ate a world-class out­let cen­tre on this well-lo­cated green­field site for Perth res­i­dents and visi­tors.

“The as­set will be built in a de­sir­able ‘race track’ con­fig­u­ra­tion to fa­cil­i­tate easy ac­cess and nav­i­ga­tion.”

He said the de­sign would al­low for con­nec­tiv­ity with, or ex­pan­sion into, sur­round­ing sites as the air­port land was de­vel­oped over time.

“The site is in a prom­i­nent lo­ca­tion which will di­rectly ben­e­fit from State Gov­ern­ment ini­tia­tives in­clud­ing the $1 bil­lion Gate­way project, the North­link project and the For­rest­field air­port link,” he said.

“Strong ar­te­rial ac­cess is a key fea­ture of a suc­cess­ful DFO as­set and this site’s lo­ca­tion will pro­vide easy and con­ve­nient ac­cess for a broad catch­ment across Perth’s metropoli­tan area.”

Vicin­ity devel­op­ment manger Stephen Beer said dur­ing the con­struc­tion phase more than 250 jobs would be di­rectly cre­ated and an­other 450 jobs in­di­rectly.

Once op­er­a­tional, the DFO would sup­port more than 650 di­rect jobs and more than 400 in­di­rect jobs.

Mr Beer said the out­let would con­trib­ute more than $120 mil­lion to the WA economy an­nu­ally.

Perth Air­port ex­ec­u­tive gen­eral man­ager prop­erty Steve Holden said the DFO an­nounce­ment marked the start of an ex­cit­ing phase in the evo­lu­tion of the air­port.

“Vicin­ity has a suc­cess­ful track record in op­er­at­ing DFOs,” he said.

“For our cor­ner­stone re­tail devel­op­ment we wanted to part­ner with the best in the brand out­let space.”

An artist’s im­pres­sion of the new di­rect fac­tory out­let to be built in the Air­port West re­tail park.

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