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New retail area opens in Sydney


Published on Oct 29, 2010

Westfield Group
(ASX: WDC) today opens the first stage of the $1.2 billion Westfield Sydney redevelopment project, six months ahead of schedule, with 130 fashion and food specialty stores open for trade. This marks the reopening of Pitt St Mall after two years of construction.

A further 120 stores will open between November 2010 and late-2011. The opening of a 25-storey commercial tower at 85 Castlereagh Street will mark the completion of the total project, anticipated to be in early 2012.

Westfield Sydney will offer the next generation in Australian retail, delivering a worldclass shopping, lifestyle and dining experience that will confirm Sydney as a global shopping destination.

Located in Australia's best retail area on Pitt Street Mall and bordered by Castlereagh and Market streets, the centre sits between the country's highest-performing department stores - David Jones and Myer. The precinct integrates three former retail centres; Centrepoint, Imperial Arcade and Skygarden and also incorporates Sydney Tower and the former Sydney Central Plaza totalling 92,000 square metres (sqm) of retail space across all sites.

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