Futuro locks TK Maxx to Bourke Street Mall

The TK Maxx store in Bourke Street Mall.

TK Maxx will establish its flagship store at Futuro Capital’s 235 Bourke Street – a space including what was once the Tivoli Arcade.

Futuro bought 235 Bourke Street, including the Tivoli Arcade, in 2020.

Set to open Spring – four months from now – the two level area is speculated to spread about 1300 square metres.

It would be the group’s 22nd Melbourne outlet.

Established here in 2017, but formed in the US in 1976, TK Maxx now has over 80 Australian stores.

The Bourke St tenancy – in the mall – part of a project Futuro has branded The Bourke with c1900 sqm of retail area, will be its largest.

Globally it has over 600 outlets.

Futuro acquired the Tivoli Arcade and the office building above it in two parts in 2020 outlaying $206m.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.