Westfield opens Chatswood’s new heart of shopping
18 November 1999
The $200 million redevelopment of Westfield ShoppingtownChatswood opened today, featuring a new five level shopping centreand the totally refurbished original shopping centre.
A further two levels of the new shopping centre plus arestaurant and leisure retailing precinct, including a six screenHoyts Cinemax, is due to open in April 2000.
The Chatswood redevelopment is part of Westfield Trust’s current$1.3 billion development program in Australia and opens fullyleased.
Westfield Shoppingtown Chatswood is in the heart of theChatswood CBD and the new centre is integrated with the originalShoppingtown through ten linkages. These include an undergroundretail arcade, a two level overhead retail bridge and a number ofpedestrian and vehicular access links. There is parking for morethan 2,850 cars with the majority under cover.
As a result of the redevelopment, Westfield ShoppingtownChatswood, including the Grace Bros store that opened in August1998, has been expanded from 50,000 square metres of retail spaceto 77,000 square metres. It includes seven major stores and 290specialty stores.
The total redevelopment, including the restaurant and leisureprecinct, is expected to yield 8.25% and have a positive impact ondistributions to Westfield Trust unitholders.
Joint Chief Operating Officer Australia Bob Jordan saidWestfield had created a world class shopping centre that caters tothe needs of its surrounding community and combines the best of aCBD centre with the convenience of a suburban development.
“Westfield Shoppingtown Chatswood has always been one of thestrongest performing centres in our portfolio,” Mr Jordan said.”This redevelopment and expansion will allow the centre to offer amuch broader, more exciting and more comprehensive experience forour shoppers on Sydney’s North Shore.
“Not only have we completely refurbished the existing centre,but Westfield is adding a major new concept in the integratedleisure and entertainment precinct to be opened early next year.This will link with the exciting new outdoor cafe precinct openingthis week on Anderson Street.”
Along with existing major retailers – Grace Bros, Target,Franklins, Lincraft, Toys ‘R’ Us and Rebel – Westfield ShoppingtownChatswood has a new Coles supermarket. Coles, on level two, islinked by an underground arcade to the Spring Street fresh foodmarket, providing for the first time the convenience of parking andfresh food shopping on one level for grocery shoppers atChatswood.
The centre’s retail mix has a strong emphasis on fashion withmany new retailers opening their doors in Westfield for the firsttime.
Leading Australian fashion designers Trent Nathan, CarlaZampatti, Anthea Crawford, Covers and Simona have all opened in thenew fashion precinct on level four with entry direct from theVictoria Avenue mall.
On level three there is a youth fashion precinct featuring thenew Glue ‘department’ store, Hound Dog, Surf Dive n’ Ski, GeneralPants, Rave and another 12 individual youth fashion stores.
The “Eat on Four” food court has been refurbished and a newdining precinct, “Eat on Anderson”, offers a wide range of licensedrestaurants and cafes creating an after-hours venue for the localcommunity that is close to transport.
As part of the opening activities today, Kerri-Anne Kennerleywill appear at centre court with special guest Geoff Harvey andpresent Noon Day Fun, a one-and-a-half-hour revival of the popularshow they presented for many years on midday television.
Fact sheet :
|Centre||Westfield Shoppingtown Chatswood|
|Location||Victoria Avenue, Chatswood
In the centre of Sydney’s northern CBD
|Cost of redevelopment||Approximately $200 million|
|Car parking||More than 2,850 (mostly all under cover)|
|Existing major storesGrace Bros (newstore)||Target
Toys ‘R’ Us
Existing specialty stores 150
|New major stores||Coles
Hoyts Cinemax six screen cinema (opens 2000)
Total specialty stores approximately 290
|Features||Fashion precinct designers include CarlaZampatti, Trent Nathan, Anthea Crawford, Simona and Covers
Youth fashion precinct including Glue, General Pants, SurfDive n’ Ski, Rave, Hound Dog, KD, Valley Girl
Restaurant precinct on Anderson street including Marcello,Coffee Club, Cafe Nescafe, Cre-ate by Munchtime, Soy
Leisure and entertainment precinct opening 2000