SYDNEY | Westfield Sydney Stage 1 Opening Pics Page 2
FROM THE WESTFIELD SYDNEY WEBSITE
WESTFIELD SYDNEY
An iconic retail offering located in Australia’s largest and one of the strongest performing retail precincts, this is Westfield Sydney.
The AU$1.2b* redevelopment will represent the next generation in retail and is poised to become one of Westfield’s global flagships. Successfully integrating Westfield’s existing three sites on Pitt Street Mall, between the David Jones and Myer flagship stores in the heart of Sydney’s CBD, and accommodating up to 250 fashion, food and lifestyle stores over 40,000sqm** and multiple levels, this state-of-the-art epicentre will offer an astonishing spectrum of choice.
On offer will be a selection of the finest in local and international brands fused with a sophisticated dining and leisure experience. Add to this exceptional customer services and a superior location and Westfield Sydney is set to illuminate the retail landscape like nothing else before it.
From the ground up, a luxury experience will be incorporated into every facet of this Westfield gem.
A vibrant atmosphere will exist in energetic, exciting surrounds that will inspire all who visit and entice them to return. In conjunction with the brilliant array of retail offerings, a seamless shopping experience will be created through the delivery of luxury services catering to the broadest needs and desires of our shoppers.
The architecture will also be a focal point. As form and function entwine like never before, personal comfort will be considered at every level to ensure the shopper always feels pampered and taken care of.
Inspiration from every angle, this is tomorrow in a brilliant new light.
*Includes Retail, 100 Market St and 85 Castlreagh St
** Retail only
http://westfield.com.au/sydney/the-project/
And an article by the Sydney Morning Herald on tenants in and around the development
Retail goes upmarket in CBD
June 14, 2010
The revamped Pitt Street Mall soon will be home to many high-end retailers, writes Carolyn Cummins.
It is being played like a game of musical chairs but by the time the work is finished, Sydney's Pitt Street Mall and the surrounding streets will be a who's who of retailers. And rents will rise accordingly. Once the new stores open, rents are tipped to double from their present levels of about $8000 a square metre.
But the list of occupants is unlikely to boast overseas fashion names such as Zara and H&M, which prefer their own stand-alone flagship stores as opposed to being in an enclosed shopping mall.
Zara, whose head office is in Spain, is said to be using Solomon Lew as its co-agent in Australia and is looking at a number of sites in the CBD. So far it has not signed any leasing deals in Australia.
However, shoppers who like the US chain
Gap will be pleased to hear that it has signed for an 800-square-metre shop within the new Westfield Sydney.
BusinessDay has seen a list of the new retailers to have signed up for the centre and it includes the majority of tenants which used to be in Centrepoint and the Imperial Arcade.
A
Coach store selling upmarket bags and some apparel will open on the corner of Pitt and Market streets.
Nespresso,
Tag Heuer watches and
Guess will open on the ground level of Pitt Street Mall.
At 182 Pitt Street is the former Emporio shoes site in the building which the Goddard family, declined to sell to Westfield. That site will be redeveloped next year.
Next door, within the Westfield complex, will be
Esprit,
Cue and
Sportsgirl.
Westfield's leasing team has created an upmarket strip on Castlereagh Street, opposite David Jones, having secured
Prada,
Gucci and
Zegna.
On Market Street, with both David Jones stores nearby, will be a
Miu Miu store.
On the upper levels of Westfield there will be a
Thomas Dux supermarket, run by Woolworths to take on the David Jones food hall.
Discussions are also under way for a signature chef, such as Gordon Ramsay, to open a restaurant.
The stockbroker JPMorgan and Westfield staff will move into the planned skyscraper at 85 Castlereagh Street, atop the former Imperial Arcade.
Former tenants in that arcade, including
Borders book store, are returning.
JB Hi-Fi is looking to open a new ''wi-fi'' concept store.
One of the favourites of city workers, the
Sky Phoenix Chinese restaurant, has also re-signed in the redevelopment.
Knight Frank's associate director of retail leasing, Alex Alamsyah, said an influx of high-profile international retailers was inevitable and could transform the CBD.
''The level of refurbishment and redevelopment activity currently in progress is opening up many opportunities for big fashion brands and will help put Sydney on the map as an international retail destination," Mr Alamsyah said.
"Whether it be through the granting of licensing or franchising arrangements, as is the case with Gap and Victoria's Secret, for example, or alternatively the rollout of corporate-owned stores such as Esprit and Louis Vuitton, it is clear that Sydney CBD is a global hotspot for the upper echelon of major international fashion brands.
"And the current wave of new projects means these brands have the opportunity to make their play."
http://www.smh.com.au/business/retail-goes-upmarket-in-cbd-20100613-y619.html
The 100 store first stage of Westfield Sydney opens in 19 weeks in the week of 25 October 2010...
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