Local developer Con Berbatis has pushed go on the first stage of his $100 million plan to redevelop the Kardinya Park Shopping Centre.
Local developer Con Berbatis has pushed go on the first stage of his $100 million plan to redevelop the Kardinya Park Shopping Centre.
The project was approved by planning authorities in June last year, proposing a new main street, dining and entertainment precinct (featuring a cinema, restaurants, swimming pool and climbing walls), as well as a fresh food precinct and increased health services.
Part of the $100 million redevelopment includes the reconfiguration of the existing service station and the delivery of a 78-apartment nine-storey complex.
The original proposal was for a 12-storey apartment building, however, those designs were subsequently revised last year, likely following a community petition of 163 signatures detailing concerns over height.
Following several months of initial land preparation works, including the demolition of the North Lake Road petrol station, the project has now progressed to stage one, which includes power and gas infrastructure upgrades, earthworks and retaining certain walls.
Roadworks are also planned as part of stage one, which also includes developing a new north/south service ‘tunnel’ to service the new fresh food precinct, as well as works to prepare for a 7-Eleven service station.
Dr Berbatis anticipates stage one works to finish in mid-October 2021 and is targeting early 2022 for the start of stage two, which includes the construction of the fresh food precinct, multi-deck car park and the South Street intersection.
“It is also intended that we will construct the medical centre on the corner of South Street and North Lake Road and other key service-focussed tenancies that will be revealed in coming months,” he said.
“…Further the South Street intersection will be signalised and at-grade; improving safety and convenience.”
The project’s final stage, stage three, will deliver the entertainment and dining precinct, as well as the residential apartments.
Dr Berbatis anticipates stage three works to get under way in early 2023.
“The WA economy is booming, retail is exceptionally strong and this is the ideal time to progress this suburb-changing development,” he said.
“We are very optimistic that good times lie ahead for Kardinya Park Shopping Centre.”
The redevelopment for Kardinya Park Shopping Centre will expand its footprint to a total 28,268 square metres of Gross Lettable Area (GLA), comprising 21,244sqm of retail and 6,924sqm of non-retail floor space.
This will lift the centre from 54th position on the Business News Data & Insights list of the state’s largest shopping centres (ranked by GLA) to 24th.
The redevelopment was designed by Hames Sharley, with Sydney-headquartered construction firm Built appointed to carry out the building works and Total Retail Group assigned to handle leasing activities.