Colliers International facilitates landmark leasing deal at new Ballarat shopping centre
Showbiz Cinemas is set to open a new state-of-the-art, six-screen cinema complex at the new Delacombe Town Centre shopping precinct in Ballarat.
In a deal negotiated by Colliers International’s Mike Crittenden and Bernard Canning, Showbiz Cinemas has secured in excess of 1,100sqm of retail space at Delacombe Town Centre to open its latest complex in September 2017.
Showbiz Cinemas will utilise the latest ‘state-of-the-art’ digital cinema technology to provide an exceptional visual and acoustic customer experience. Wall-to wall screens will further enhance the six auditoriums playing the latest cinema release blockbusters.
Showbiz Group director, Chris Jones, said it was a logical progression for the company, which currently operates other regional cinemas and also special large scale special event screenings throughout Victoria and interstate.
“We are on a committed and sustainable regional growth strategy and our new Ballarat complex will service existing residents and also cater for the booming growth corridor to the west and south-west of the city,” Mr Jones said.
Mr Crittenden and Mr Canning, of Colliers International’s Victorian Retail Project Leasing team, are appointed to lease campaign the 20,000sqm (approx.) Delacombe Town Centre on behalf of H Troon Pty Ltd.
Currently under construction, Delacombe Town Centre is anchored by major retailers K-Mart and Woolworths and further supported by more than 37 speciality retailers, kiosks and various pad sites with over 850 free and convenient car parks.
“Delacombe Town Centre will be a state-of-the-art sub regional shopping centre, set to dominate the fast-growing western corridor of Ballarat,” Mr Crittenden said.
“The addition of Showbiz Cinemas to the centre will greatly enhance the overall offering, which we expect to be very well received by this expanding catchment."
Tom McInerney, Director of Development & Operations at H Troon, said: “H Troon are pleased to announce the signing of Showbiz Cinemas as the newest addition to the much anticipated Delacombe Town Centre which is due to open in September 2017."
For all leasing enquiries, contact Mike Crittenden (0400 544 045) or Bernard Canning (0427 118 181) at Colliers International.
Artist impression: Delacombe Town Centre