Stock­land North Shore

Townsville Bulletin - - Investor - by Tony Rag­gatt tony. rag­gatt@ townsville­bul­letin. com. au

THE re­gion’s next ma­jor shop­ping cen­tre opens at Stock­land’s $ 1 bil­lion mas­ter-planned North Shore com­mu­nity to­day.

The na­tion­ally listed prop­erty group has de­vel­oped the $ 25 mil­lion Stock­land North Shore, a 5600sq m neigh­bour­hood cen­tre – the first stage of what is des­tined to be­come a 40,000sq m sub-re­gional cen­tre rank­ing along­side Stock­land Townsville, Castle­town and Wil­lows.

The cen­tre is an­chored by a new con­cept Wool­worths store. It has 13 spe­cialty stores and 600sq m of two level com­mer­cial of­fice space on Main Street where North Shore’s Town Cen­tre is be­ing de­vel­oped.

Stock­land CEO, Com­mer­cial Prop­erty, John Schroder, who will j oi n Mayor Les Tyrell to of­fi­cially open the cen­tre to­day, said it was an­other ex­am­ple of Stock­land’s com­mit­ment to the re­gion and to de­liv­er­ing in­fra­struc­ture early in the de­vel­op­ment of North Shore to help meet the needs of a rapidly grow­ing com­mu­nity.

Stock­land is part-way through a $ 180 mil­lion re­de­vel­opm ent of the Stock­land Townsville shop­ping cen­tre to ac­com­mo­date a Myer depart­ment store.

‘‘ This is the first step in cre­at­ing a shop­ping, busi­ness and en­ter­tain­ment heart for res­i­dents of North Shore and we’re op­ti­mistic about the suc­cess of fu­ture ex­pan­sions to the cen­tre,’’ Mr Schroder said.

‘‘ We are com­mit­ted t o build­ing a com­mu­nity that has it all.

The cen­tre’s ten­ants in­clude a new style cafe called Mil­lie J & Co by lo­cal re­tailer Cafe Bam­bini, hair­dresser Brig­otz Hair, North Shore News, United Dis­count Chemist and r eal est at e agency Remax Con­nec­tion.

Other ten­ants in­clude the Com­mon­wealth Bank, Flight Cen­tre, Civic Video, BWS, Angliss Meats and Wide Bay Aus­tralia.

Stock­land’s North Queens­land de­vel­op­ment team and the North Shore Res­i­den­tial Sales and In­for­ma­tion Cen­tre are com­mer­cial of­fice ten­ants.

The cen­tre re­ceived Stock­land’s first 4 Star Green Star de­sign rat­ing for a shop­ping cen­tre be­cause of its sus­tain­able de­sign and con­struc­tion prac­tices.

More than 80 per cent of ma­te­ri­als used in con­struc­tion in­cluded a re­cy­cled com­po­nent, while the cen­tre will pro­vide for more efficient use of wa­ter and a 40 per cent re­duc­tion in green­house gas emis­sions.

The launch fol­lows the open­ing of St Clares, the first of four schools planned for the com­mu­nity, which wel­comed its first stu­dents this year and the open­ing of ma­jor road North Shore Boule­vard last year.

Stock­land and its home builder part­ners will open the largest dis­play vil­lage in North Queens­land this week­end, when it launches the new 24-home Liv­ing Dis­play Cen­tre. As part of the open­ing cel­e­bra­tions, a fam­ily fun day fea­tur­ing Dora the Ex­plorer will be held on Main Street on Satur­day from 10am to 2pm.

Photo: FIONA HARD­ING

STAGE ONE: Debi Polcher, Cen­tre Man­ager and Robert Flem­ing, De­vel­op­men­tal Man­ager at the new cen­tre

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