The $485 million expansion project will see the development of a new fresh food precinct – known as The Market Pavilion – while a new 20,000 square metre office tower, One Middle Road, will open up new opportunities for office and retail workers.
The fresh food precinct expansion will span more than 26,500 square metres of retail area at ground level, with the newly constructed level above to house a range of services from childcare to health and wellness.
Sitting atop both areas, the new nine-storey One Middle Road office tower will add a further 20,000 square metres of high-quality office space along with a new level of covered parking.
Chadstone Centre Manager, Daniel Boyle said: “We are proud to present the next phase in Chadstone’s continual evolution. The construction works recently commenced on The Market Pavilion, One Middle Road, and the expansion of Car Park C contribute to over $600 million in total works currently underway at Chadstone.”
“The design and retail offer in The Market Pavilion combines the best of the modern fresh food marketplaces one visits whilst in Europe with the ambience and much-loved brands that are enthusiastically embraced by Melburnians locally – reflecting the quality, variety and elevated consumer experience which Chadstone is known for.”
The expansion project is set to create more than 1,000 jobs during construction.
John Holland Executive General Manager – Building and Development, David Lehmann said: “We’re incredibly excited to be partnering with joint owners, Vicinity Centres and Gandel Group, on the next stage of redevelopment at Chadstone – a national retail icon.”
“Our integrated building and development team is proud to be involved in bringing The Market Pavilion and One Middle Road to life, creating construction jobs and transforming the retail experience for locals and visitors alike.”
“We’re proud to be playing a role in the future of Chadstone and driving economic growth for Melbourne.”
The Market Pavilion and One Middle Road will target a Five Star Green Star rating, with sustainability features including:
- a new 740kW Solar PV System
- a naturally ventilated market hall and state of the art amenities
- an improved building thermal envelope and reduced greenhouse gas emissions
- the One Middle Road office to be an all-electric building, reflecting industry best practice
- the roof design of The Market Pavilion to include natural ventilation louvres which will reduce energy consumption by 500,000kWh/year, the equivalent of 100 Victorian households
- use of solar power harvested on-site, a dedicated waste management plan, and a target of net-zero operational emissions will contribute to minimise the precinct’s environmental footprint.
The project is due for completion in mid-2024.