Meriton & Woolworths: New Supermarkets For Sydney & The Gold Coast
7 July 2014
Meriton and Woolworths have signed an historic deal to build two new supermarkets at Meriton developments in Sydney and the Gold Coast.
The two companies have announced a 3200sqm Woolworths supermarket at Meriton’s …Mascot Central’ in Sydney, comprising 1200 residential and serviced apartments alongside Woolworths and 16 supporting shops, and a 1200sqm supermarket at the 55-storey …Sundale’ at Southport, Queensland, consisting of 551 residential and serviced apartments accompanied by12 supporting shops. Both projects are due for completion in 2016.
We’re delighted to welcome on board such an iconic Australian brand,ù said Meriton National Leasing and Asset Manager Omri Zelunzuk.
Woolworths will be an integral part of our retail offering in both locations, creating a neighbourhood shopping centre that will act as a meeting hub for our residential community. We’re looking forward to seeing Australia’s largest supermarket chain open at Mascot and Southport.ù
Woolworths is always happy to be associated with quality developments and these new stores will offer fantastic convenience for our customers by providing our everyday low prices right where they live,ù added Ross Finlay, Group Property Operations Manager (North), for Woolworths Limited.
In recent years, Meriton has strategically added value to residential apartment projects by providing retail, recreational and childcare facilities on site from day one, responding to demand from owners and investors for mixed-use developments with strong community appeal.