Thursday, October 10, 2024

Melbourne Square to become major retail destination

Melbourne’s largest mixed-use urban precinct, Melbourne Square, will soon provide locals with access to shopping, dining and cafe facilities, including Southbank’s first full-line supermarket.

Melbourne Square’s property developer, OSK Property, announced the deal with Woolworths that will give Southbank residents access to major retail amenities including a 3,800sqm two-storey supermarket and 120 dedicated retail car spaces.

Executive Chairman of OSK Property Tan Sri Ong Leong Huat says the Woolworths supermarket would deliver critical amenity to the inner-city suburb that is experiencing rapid population growth.

“Southbank’s population is expected to exceed 50,000 by 2036, which is 174 per cent higher than the current population,” he said. “It’s essential that the community is able to access basic everyday amenity so that the area’s expanding population can be adequately accommodated.

“We know Southbank residents have been waiting for a full-line supermarket in their local area and we’re happy to be able to provide this much-needed amenity, along with other amenities for the community. This is in line with our vision to create an integrated mixed-use lifestyle precinct for Melbourne Square residents and the Southbank community.”

Woolworths State Property Manager Brad Karge is equally pleased Melbourne’s Southbank will finally have access to a full-line supermarket with all the features customers look for. “From fresh fruit and vegetables to a large range of grocery items at great prices, those living in the area will be able to pick up all their shopping essentials, without needing to travel too far,” he said.

The new Woolworths supermarket is expected to open in late 2020 and is the first major retail announcement for the Melbourne Square mixed-used development, which will consist of 15,000sqm of amenity across multiple levels. Stage one of the development includes 6,000sqm of retail space and will feature shopping, dining and cafe facilities in a European-inspired, piazza-style setting.

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