THE $600 million Karrinyup Shopping Centre revamp is ready to get underway with Brookfield Multiplex awarded the building tender by manager AMP Capital.
AMP Capital Shopping Centres state development manager Scott Nugent said the redevelopment would offer 150 residential apartments and a number of new large format international retailers.
“The redevelopment of Karrinyup will boost the Western Australian economy through the creation of 2500 jobs during construction, and will provide sustainable long-term employment opportunities for the next generation, with a further 2500 jobs created in retail sales, support and management,” he said.
“(The redevelopment) will see the centre expand from 59,715sq m to 113,000sq m, and will surpass all other retail precincts previously delivered in Perth for its range of shops, lifestyle and entertainment options.
“We are excited to deliver the next phase of Karrinyup, which will reposition it to provide customers with an unprecedented retail and entertainment experience.”
Brookfield Multiplex chief executive John Flecker said Brookfield Multiplex had completed an extensive refurbishment of the centre in 1996 and was delighted to deliver the next redevelopment.
“Several members of our current team worked on the 1996 refurbishment, myself included, so it’s exciting to have the opportunity to again bring Karrinyup Shopping Centre into a new age with AMP Capital,” he said.
Stirling Mayor Giovanni Italiano said he was very excited about the upcoming works.
“The new-look centre will be destination shopping at its finest and, on behalf of council, we are all greatly anticipating the end result, which will be simply outstanding,” he said.
Karrinyup Shopping Centre is owned by UniSuper, which has held an investment in the centre for more than 20 years.