LEWIS LAND POURS AN EXTRA $20M INTO HARBOUR TOWN

Written on the 25 September 2015

LEWIS LAND POURS AN EXTRA $20M INTO HARBOUR TOWN

HARBOUR Town has joined the rush to renewal on the Gold Coast by announcing a $20 million upgrade for Australia's largest outlet shopping centre.

The move will boost retail space in the centre by 3500sqm through the creation of a new mall and a refurbished and expanded alfresco dining precinct.

The Harbour Town revamp comes on the heels of a $360 million refurbishment of Pacific Fair plus upgrades at Chevron Renaissance and Australia Fair as the Gold Coast retail market continues to improve.

It's also aimed at cementing Harbour Town's appeal to the tourist market, particularly for the inbound market.

The Harbour Town extensions will accommodate up to 25 new retailers with completion expected in mid-2016. This will be followed by stage three works which deliver a new dining precinct featuring more dining destinations.

The works will include 400 new carparks, constriction of which is already under way.

The Harbour Town upgrade comes on the back of a number of refurbishments this year by existing tenants, including Coach, Calvin Klein and Nike.

Harbour Town's offering was also boosted in July with the addition of Australia's first Victoria's Secret outlet store.

"The expansion is testament to the strength and popularity of outlet shopping in both local and international consumer markets, with savvy shoppers driving the high demand for affordably priced, quality products by respected

Australian and international brands," says centre manager Gary Webb.

Harbour Town is a favourite stopover for international visitors to the Gold Coast with research showing 91 per cent of them shop during their stay.

"In most cases, we are the first Gold Coast shopping centre international tourists visit and it is not unusual for them to return multiple times throughout their stay," says Webb.

"We are proud of this reputation and we plan to continue to significantly contribute to positioning the Gold Coast as a premier shopping destination both domestically and on a global scale."

Harbour Town, developed and owned by Sovereign Islands developer Lewis Land Group, currently has 220 stores, including Calvin Klein, UGG Australia, Oroton, Polo Ralph Lauren, Tommy Hilfiger and Hugo Boss.


Latest News

CROMWELL TRADES STEADILY IN FIRST HALF

CROMWELL Property Group has maintained a steady operating profit at $0.045 per security in the first half of FY17,...

WHY NEXTDC'S STOCK IS SOARING

AFTER posting its interim result, NEXTDC (ASX: NXT) gained more than 12 per cent on the stock market before noon.
...

PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

A RISING Aussie dollar has offset PWR Holdings Limited's (ASX:PWH) overseas growth in the last half, forcing a...

SUPER RETAIL GROUP RESULTS SHINE ACROSS THE BOARD

A WELL-planned and executed half has paid off for Super Retail Group (ASX:SUL) as it posts a net profit result up ...

Related News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter