Construction to start on brand new Coast shopping centre
A BOOMING new Coast town centre is set for further growth with construction of a new shopping centre set to start in weeks.
Central Sippy Downs, a boutique food retail, office space and mixed-use complex being developed by Evans Long is set to start coming out of the ground early next month.
Marketing agent Daniel Vella of Colliers International confirmed a diverse range of businesses were already locked in for the complex which will be connected to the newly-built Coles Supermarket on Sippy Downs Dr.
Those businesses include Dominos Pizza, Chipmunks Playland and Cafe, Terry White Chemist and medical centre.
Negotiations were ongoing with other food retail outlets including Taco Bell, Burger Bar and more, including a number of sushi operators.
Mr Vella said the front of the complex would be more a food court-style establishment, with the rear of the complex housing the gym and office spaces which will be on the first floor above the retail precinct.
He said the vision was for a creative hub and food court environment where people could go to grab a quiet beer and a burger and relax.
With Youi headquarters being constructed nearby, set to house about 1000 workers, and the University of the Sunshine Coast a stone's throw away, he was confident the complex would be a hit.
He said the market had been very interested in the opportunities.
"It's been extremely well supported,” he said.
"It's now about getting the right mix.”
With construction due to start next month, Mr Vella said the Central complex would be finished before Christmas, with October-November targeted for completion.
He said access would be made in multiple points, via a side street as well as through the Coles entry way on Sippy Downs Dr.
The Central complex will be developed on Lot 2 of 123 Sippy Downs Dr, and will be interconnected with the Coles complex next-door.
RP Data shows SP Evans Hyde Park Pty Ltd and Long SP Hyde Park Pty Ltd purchased the block in October last year for just under $3.453 million.