Plaza commitment signal of strong confidence in the Sunshine Coast
Mayor Mark Jamieson says the $400 million redevelopment of Sunshine Plaza in Maroochydore announced today will add to the huge momentum generated by the range of major region building projects currently underway on the Sunshine Coast.
Sunshine Plaza will expand from 73,000 square metres to more 107,000 square metres with customers to enjoy an enhanced retail mix with the region’s first David Jones department store, a new BIGW, a refurbished Myer, a new Amaroo Street mall entrance, provision for large format fashion operators and more than 100 new specialty stores.
It is estimated that the redevelopment will generate up to 2900 jobs during construction and around 2300 additional retail positions once the project is complete.
Sunshine Plaza is jointly owned by the Australian Prime Property Fund Retail, managed by Lendlease and The GPT Group.
Mayor Jamieson said the development would send a further signal to domestic and global markets about the Sunshine Coast being an ideal location to invest.
“This investment is welcomed by our council and shows the high level of confidence that is growing in the Sunshine Coast,” Mayor Jamieson said.
“This important project for the Sunshine Coast will contribute to the impetus and growth that we are seeking to drive in our economy.
“Across the region, we are seeing an unprecedented wave of public and private investment occurring.
“This is great news for our community as we see more local job opportunities and greater access to facilities and services.”