AMP Capital is pleased to announce the first section of the new-look Fashion Loop will open at Karrinyup Shopping Centre at 9am on Thursday 21 November, with major international retailers H&M and Swarovski joining alongside a new expanded location for premium Australian beauty retailer MECCA. The opening of the first section of the Fashion Loop is the first unveiling of the reimagined centre, with the $800 million development on target to be completed at the end of 2021.
AMP Capital’s Divisional Development Manager – WA, Scott Nugent, said he is proud to welcome these high-profile retailers, cementing the future of Karrinyup Shopping Centre as one of Perth’s leading fashion destinations.
“Offering customers a forward thinking mix of new and existing retailers is at the forefront of the new-look Karrinyup Shopping Centre, so welcoming the likes of H&M, Swarovski and an expanded MECCA store to the retail mix is an exciting milestone in the development.
“AMP Capital has a reputation for delivering the very best in local, national and international retail across our shopping centre portfolio and Karrinyup Shopping Centre will be no exception,” said Nugent.
In addition to the new retailers, a number of other specialty retailers including kikki.K and The Body Shop will be relocated to the new-look Fashion Loop, sparking the centre’s transformation into a more sophisticated, inspirational retail experience for Karrinyup customers.
Already much-loved and highly successful, Karrinyup has a loyal shopping community who are ready to see their centre evolve.
Located on the northern side of the centre, the Fashion Loop is a significant element of the overall development which on completion will offer approximately 290 specialty stores including high-quality local, national and international fashion retailers, an extensive food and beverage offering, new Coles and ALDI supermarkets and a state-of-the-art 10 screen HOYTS cinema.
The $800 million development, which AMP Capital is managing on behalf of owner UniSuper, commenced in November last year and will see the centre almost double in size, growing from 59,874m2 to 109,000m2.
Karrinyup Shopping Centre will also welcome a new multi-deck carpark as part of this launch with approximately 700 bays and a parking guidance system as well as a refurbishment of BIG W.
The development is expected to boost the Western Australian economy and retail sector, with the creation of approx. 2,500 jobs during construction and 2,500 new retail, support and management Jobs.
Multiplex has been appointed as the builder and Hames Sharley as architect. 134 high-end residential apartments will be included in the overall redevelopment.