NEWS

Vibrant new retail precinct for Southbank workers, residents and visitors

Food and beverage retailers sought to join new Melbourne destination

A selection of savvy food and beverage retailers are being sought to join a new landmark destination for business and leisure in Melbourne’s bustling Southbank precinct.

Colliers International’s Mike Crittenden, Cam Taranto and Jarrod Herscu have been appointed, in conjunction with Angie Cahill of Mirvac Retail, to lease eight retail tenancies at Mirvac’s Riverside Quay as part of a highly anticipated repositioning.

“Fronting the Southbank Promenade and located between the bustling Crown Entertainment Complex and Southgate shopping precinct, Riverside Quay offers retailers an opportunity to be part of a fresh new lifestyle offering – an authentic extension of the Melbourne retail precinct,” Mr Crittenden said.

“Integrated amongst four commercial office buildings, a diverse range of new food and beverage retailers will serve over 4,000 workers who frequent the commercial precinct each day alongside an abundance of residents and tourists who frequent the area daily.

“The close proximity of Riverside Quay to the Melbourne CBD, the Southbank residential population and key tourist attractions will ensure strong visitor and resident usage of this rejuvenated public precinct that will encapsulate an authentic Melbourne city experience."

Riverside Quay Southbank Mirvac Colliers International retail leasing Melbourne CBD

The eight available tenancies will vary in size and internal layouts to accommodate a diverse range of food and beverage offerings.

The new precinct will combine inviting landscaped spaces including a public square, bespoke outdoor seating and feature lighting and will offer potential for trade after-work and on weekends.

“The vibrant new retail environment, designed by Six Degrees Architects, will complement the contemporary nature of the precinct,” Mr Taranto said. “Retailers will trade out into a series of laneways, enabling patrons to discover an eclectic retail mix that extends the iconic laneway culture of Melbourne, south of the river.

“Riverside Quay will cater for a large, dynamic catchment of workers, residents and tourists."

With ongoing construction activity at Southbank, the local residential catchment is predicted to rapidly increase from 12,600 in 2016 to 21,700 in 2026.The iconic Southbank hotel precinct offers over 8,500 beds, with ABS Tourist Accommodation statistics indicating more than 2 million tourists stayed in the precinct in 2014/2015.

Riverside Quay Southbank Mirvac Colliers International retail leasing Melbourne CBD

Riverside Quay Southbank Mirvac Colliers International retail leasing Melbourne CBD

Riverside Quay Southbank Mirvac Colliers International retail leasing Melbourne CBD

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