Identifying a need to meet growing community demand and gaps in the local market, Dexus undertook transformational development projects at two of its retail centres.

Willows Shopping Centre, Townsville

  • Willows Shopping Centre is located in Townsville’s rapid growth corridor and owned by Dexus Wholesale Property Fund 
  • Dexus identified a need to meet growing community demand for an enhanced retail and fresh food experience 
  • In May 2015, Dexus commenced a transformational $82 million development incorporating a mix of new local and national retail brands 
  • Construction Stage 1 was completed in November 2016, delivering a new Woolworths, a new fresh food Market Court experience and an additional 250 undercover car spaces 
  • Construction of Stage 2 is underway and includes a new fashion mall with 20 new speciality retailers, a large format Cotton On store and the introduction of Harris Scarfe 
  • The development is on track for completion by the end of 2017 and is set to deliver a relaxed, modern lifestyle destination for the Townsville community, while providing an economic boost to the region through the creation of 150 construction jobs and additional retail employment

Tweed City, Tweed Heads 

  • Tweed City is a shopping destination for Northern NSW and is owned by the Australian Mandate 
  • There was a gap in the local market for a quality casual dining offer in an alfresco environment 
  • In September 2015 Dexus commenced a $32 million development incorporating a new dining and entertainment precinct for the Tweed region 
  • In October 2016 Dexus opened The Cove, providing a diverse array of family friendly dining options on offer throughout the day and night, open seven days a week, a play area for children and an open community performance space 
  • In addition, a new Harris Scarfe and a refurbished JB Hi-Fi store opened their doors, enhancing the fashion, homewares, technology and leisure offering at Tweed City