Construction is well underway at Nelson Junction, a large format retail centre that is being developed to meet the growing demands of the local community.
The centre is currently home to the Nelson Mitre 10 Mega store and a Speight’s Ale House and is zoned as a 30,000sq m large format retail precinct.
Located at the intersection of State Highway 6 and Quarantine Road, Nelson Junction is being developed by local investment company Gibbons. The new building includes 12 retail tenancies that will range in size from 500sq m to 1,500sq m.
Gibbons Managing Director Scott Gibbons says while an official announcement cannot be made about the incoming tenants, there will be a complementary mix from the home improvement and lifestyle space, including local, national, and Australian retailers.
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“We have a great mix of tenants, some of whom are new to the region, and they share the vision that Nelson Junction is a great central location,” Gibbons says.
“We are working our way through the implementation of a masterplan for the site, and we will continue to invest as demand dictates. The building is currently under construction and will be trading in early 2024.”
Colliers is managing the leasing of the property and National Director of Large Format Retail Leroy Wolland says the central location of the development and the existing Mitre 10 Mega has made it popular with retailers.
“We have achieved a superb mix of businesses coming to this retail hub spanning the furniture, home improvement, lifestyle and leisure, and appliance sectors,” Wolland says.
“One of the last remaining premises for lease is for a 120sq m, A-grade cafe and hospitality offering that we will bring to market shortly.”
Scott Gibbons says the vision for Nelson Junction is consistent with their commitment to delivering legacy developments that add long-term value to the wider community.
“The building, designed by local architect Andrew Irving from Irving Smith Architects, incorporates several features that will help reduce its environmental impact.
“The laminated veneer timber structure, which was made by Nelson Pine Industries in Richmond, has reduced the use of steel, and the roofing and significant areas of cladding incorporate the latest generation insulation to improve the building’s efficiency.
“Water saving fixtures and efficient LED lighting are also specified to help minimise energy costs.”
With over 850 car parks, including several EV charging stations for the shopping public and staff, those choosing to cycle will also be well catered for with both e-bike and standard bike stations, and excellent connectivity to the existing cycleway.
Gibbons ESG Manager Stephanie Millar says all tenancies will have end-of-trip facilities, including changing and showering spaces that will be designed to support people who cycle, jog, or walk to work rather than drive or take public transport.
“We not only wanted to meet the current needs of all stakeholders at Nelson Junction, but also futureproof the site as more people embrace alternative options for travel and exercise to suit their lifestyle and values.”
As construction at Nelson Junction continues, planning work on future stages of the 9ha site is also underway, including groundwork on extending car parking spaces, the greenspace to the south of the site, and an upgrade to the Pascoe Street site entrance.
- Article supplied by Colliers