Harbour town $35m upgrade

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how good is he
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Harbour town $35m upgrade

#1 Post by how good is he » Fri Nov 24, 2017 1:12 am

Today’s AFR - The Rich List Lewis family's Lewis Land Group is splashing out $35 million on a master plan upgrade to its outdoor outlet shopping centre, Harbour Town Adelaide.

The upgrade is timely as retail sales in South Australia have grown 3.3 per cent in the year to June, above national average growth, Colliers International's latest retail research shows. Reflecting the trend, the 130-outlet Harbour Town Adelaide at 727 Tapleys Hill Road, West Beach, only has a 0.5 per cent vacancy.

"Harbour Town Adelaide is a core asset for the Lewis Land Group and we want to ensure we are continuing to evolve in the dynamic retail sector," Lewis Land Group chief executive officer Chris Calvert said.

"Lewis Land Group is committed to ensuring Harbour Town Adelaide remains the premium outlet offering in South Australia."

Growth in South Australia's retail economy has come from cafés and restaurants, food and other retail categories. Vacancy in Adelaide's main retail strip, Rundle Mall, fell to 2.8 per cent in June, from 4.2 per cent in September 2016.

Furniture and homewares retailer Domayne opened its first store in South Australia in March.

New tenants

Lewis Land recently secured Polo Ralph Lauren as a tenant at Harbour Town Adelaide – which is adjacent to Adelaide Airport – in addition to other new tenants this year such as Peter Alexander and Calvin Klein Underwear.

When completed, the upgraded centre will offer a new food area, new social spaces and more parking. Works are expected to start in 2018.

The group also recently expanded its Gold Coast Harbour Town centre – one of four in Australia including Adelaide – along with co-owners Lendlease and The Future Fund.

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Re: Harbour town $35m upgrade

#2 Post by Mpol03 » Fri Nov 24, 2017 6:22 am

Perfect as the centre looks tired and pales when compared to the Gold Coast (as an example). Glad to here we're doing well for them to invest.

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Re: Harbour town $35m upgrade

#3 Post by The Scooter Guy » Mon Nov 27, 2017 5:38 pm

The former Red Rooster (next to Maccas) has now been repainted into different colors.

Could this be a new Oporto?
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Re: Harbour town $35m upgrade

#4 Post by how good is he » Tue Dec 05, 2017 9:05 pm

There are earthmoving trucks and piles of fill on the vacant land on Tapleys Hill Rd, I assume it will join Woolworths to the left of the round-a-bout. This seems to be where the new shops/extension and car parking is going.

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Re: Harbour town $35m upgrade

#5 Post by Ben » Wed Dec 06, 2017 7:33 am

I thought it was just an upgrade, not an extension?

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Re: Harbour town $35m upgrade

#6 Post by how good is he » Wed Dec 06, 2017 9:13 am

Yes the AFR calls it an upgrade/upgraded centre but it could be just their term for an extension.

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Re: Harbour town $35m upgrade

#7 Post by rev » Fri Nov 30, 2018 2:06 pm

When completed, the upgraded centre will offer a new food area, new social spaces and more parking. Works are expected to start in 2018.
There's a smallish crane on site, mobile crane I believe, and some work going on around one of the entrances.

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Re: Harbour town $35m upgrade

#8 Post by pushbutton » Sun Dec 02, 2018 6:37 am

Harbourtown in the Gold Coast is currently undergoing an upgrade which also includes a small extension (more restaurants).

The main feature of the upgrade is much higher quality paving.

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Re: Harbour town $35m upgrade

#9 Post by Mpol03 » Sun Dec 02, 2018 7:44 pm

This will really help give the older part of that centre a needed lift. I hope they can do the same with ours. It’s looking tired.

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Re: Harbour town $35m upgrade

#10 Post by TitsOut » Sun Dec 30, 2018 6:46 pm

The Airport Rd (West Beach) Lease may be with Peregrine Group. If painted Black & Yellow it'll be a "Guzman Y Gomez" fast food drive thru outlet.

Peregrine own the franchise rights in SA (hopefully does better than their $hitty Moe's Dog & Shake across the road) :/

#Westbeach #McDonalds #Airport #Harbourtown #Drivethru #Peregrine #Oporto #GuzmanYGomez
The Scooter Guy wrote:
Mon Nov 27, 2017 5:38 pm
The former Red Rooster (next to Maccas) has now been repainted into different colors.

Could this be a new Oporto?

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