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WHAT DO GOOD MIXED-USE AND RETAIL DEVELOPMENTS LOOK LIKE?

July 1, 2019

We were delighted to host our first Sydney Outlook event with the fabulous Joanna Russell from Frasers Property Australia, Wesley Dose from Woolworths Group, Gavin Duane from Location IQ – Property Advice and Data Mapping Solutions

Some key takeaways from the night included:

  • The Super-Neighbourhood Model: Population growth and urban density are shaping the rise and importance of meaningful town centres. The key to success is focus on local retail as the social heart of a community
  • Residents located on site or immediate vicinity of a retail centre spend up to 3 times more than the typical customer
  • On-site commercial workers are important to drive success of food catering precincts across the whole day
  • Flexibility is key to allow for change both in design and in lease structures
  • Design needs to be able to adapt with new technology
  • Shopping Centres may be fertile ground for build-to-rent / multifamily

Thanks to all our wonderful guests for attending and making the night such a great success.