Tuesday, June 25, 2024

Distillery Road Market seeks top food operators

A national search for the country’s top food retailers is underway for the next phase of Distillery Road Market’s (DRM) plans to launch Australia’s next dining and entertainment mecca.

Located in the heart of SEQ’s growth corridor between the Gold Coast and Brisbane, DRM is now entering into phase two of its development and leasing progression, since opening its doors in 2019.

Anchor tenants of the precinct – Kiwanda Café, Zarraffa’s Coffee headquarters and Roastery, Sugar Creek Smokehouse and Posadas Cantina – have all set the tone for diverse dining opportunities and have enjoyed “an exceptional” following since opening their doors.

“We know the concept works, having spent the time to really understand what people want from our market,” says Tonken Property Group CEO Kenton Campbell.

“While Kiwanda Café will remain our northside anchor in the precinct, there are excellent opportunities as we look toward the leasing of our newly created Food and Entertainment District, (also known as The F.E.D), where we are seeking Australia’s top foodies.”

The F.E.D will deliver an unparalleled dining and entertainment environment, combining ‘next-level’ international eats, casually designed for maximum enjoyment.

“We’re working towards a mid-2023 opening and The F.E.D will embody the best of entertainment experiences with a purpose-built space that captures the spirit of some of Australia’s most iconic music and dining venues.”

With interest high in The F.E.D. from an array of food and dining businesses there are still a number of key operators that the DRM team are seeking to ensure the mix is “just right.”

“We are keen to attract the hottest providers out there of great ‘street eats’ – Turkish, Indian, Italian, Thai, Vietnamese and Japanese cuisines, and more,” he said.

Mr Campbell confirmed there had been a promising spike in enquiries and offers coming in for leasing, with a number of areas across the precinct already leased and more available throughout The F.E.D and market hall spaces.

“The F.E.D is only the beginning of what’s in store for DRM, including the recent multi-million deal on a bespoke brewery that will be housed adjacent to The F.E.D., plans for major events and festivals, planned weekend market opportunities, and fixed commercial tenancies such as a bottle shop and more.

“Covid has thrown us all a curve ball, but we were able to use the time to perfect the vision, finetune the dream and deliver an incredible business opportunity for retailers looking to be a part of Australia’s next great food and entertainment precinct.”

Boasting over 4500sqm of lettable areas, opportunities for kindred retailers, food vendors and marketeers are being tendered through Colliers and Cadence Commercial.

There will be a diverse range of flexible spaces available for forward thinking operators to establish or grow their business. Expressions of interest can be made via drm.market.

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