Colliers International seeks national food and beverage brands to fill retail tenancies
With just six months to go before its projected August 30 opening date, leasing for the new Delacombe Town Centre is ahead of schedule, as retailers scramble to secure the final tenancies.
Owned and developed by Ballarat’s Troon family, the sub-regional shopping centre on the corner of Cherry Flat Road and Glenelg Highway will be a welcome addition to the ever-evolving regional city.
Colliers International’s Bernie Canning and Mike Crittenden have been appointed as sole leasing agents for the centre and are calling for final expressions of interest from food and beverage operators.
“Anchored by Woolworths and Kmart, the Ballarat-fringe shopping centre has a state-of-the-art, urban-inspired design, which will be uniquely different from anything seen before in Ballarat,” Mr Canning said.
“Delacombe Town Centre, or ‘DTC’ as it will colloquially be known, is another quality addition to the western growth corridor of Ballarat, supporting a main trade area of more than 55,000 people.”
With 16,150sqm of gross leasing area comprising more than 35 speciaty stores, plus 825 free on-grade car parks, the sub-regional shopping centre is expected to receive 1.4million visitors annually, contributing to about $833.1million retail sales by 2018.
“Excellent leasing opportunities are still available for hair, beauty, fashion, dining and takeaway operators,” Mr Canning said.
“This is an unmissable retail opportunity, particularly for those retailers eager to leverage off the exciting inclusion of Showbiz Cinemas, a major after-5pm drawcard which features six boutique digital theatres.”