Goldfields has won permission to develop a town centre on a corner Tarneit site it picked up for $16 million two years ago.
The Sheds Tarneit, as it will be known, will contain 13,100 square metres – just over a quarter (3473 sqm) which is committed to Coles for a supermarket and Liquorland.
McDonald’s has taken a tenancy too.
On 4.7 hectares, the complex will also include essential services components, specifically, a medical centre, childcare complex and service station.
Completion is expected in late 2024.
Now for lease
The City of Wyndham approved The Sheds Tarneit proposal this month; on the north west corner of Kenning and Tarneit roads, the i2C Architects designed project will be the first retail centre on land affected by the Tarneit North Precinct Structure Plan which was approved in 2014 and amended last May.
Goldfields is now seeking to lease the balance – spaces from 56-1730 sqm (story continues below).
“Melbourne’s western corridor is one of the fastest growing regions in Australia,” the developer’s chief executive officer, Lachlan Thompson, said.
“The population of the City of Wyndham is expected to expand to 424,000 by 2033,” he added (it is presently about 316,000).
“The fact we’ve already secured two major national brands as anchor tenants shows the market shares our confidence in this much needed offering,” according to the executive.
As well as nearby residential – nearly 3000 housing lots are earmarked for sites surrounding The Sheds Tarneit, Mr Thompson said – the area is set for six schools and sporting infrastructure including a reserve almost diagonally adjacent.
Teska Carson’s Steve Fein is the leasing agent.
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