AMP Capital announced that Marrickville Metro Shopping Centre’s construction has begun this month.The $142 million development which AMP Capital is managing on behalf of owner UniSuper, is expected to complete in two years .
ADCO Constructions has been appointed as construction partner for the development.
The development will extend the existing ‘Metro’ centre to the south between Smidmore and Edinburgh Roads, Marrickville, in Sydney’s Inner West.
Once completed, Marrickville Metro Shopping Centre will be expanded from 22,000 square metres to 33,000 square metres, and will host an additional 44 new retailers including Coles, as well as a fresh food precinct and indoor and al fresco dining options.
AMP Capital’s Global Head of Real Estate Carmel Hourigan said the development will support the significant growth and transformation occurring in Marrickville and the Inner West.
“We are excited to partner with our industry-leading client UniSuper, to deliver our shared vision of the future of retail through a sustainable development that reflects the Inner West’s vibrant community,” said Ms Hourigan.