Major Retailers Commit to Grocon’s CUB Redevelopment, Melbourne

RETAILERS Coles, Dan Murphy, Dick Smith and Kmart have been confirmed as leasing space at Grocon’s $600 million redevelopment of the CUB brewery site, at the suburb border of Carlton and the Melbourne CBD.

During the economic downturn, the developer announced it would redevelop the site into a predominanntly residential project – changes original plans, which were speculaetd to look more like QV, and include offices.

Four buildings within the first stage of the new development are expected to be marketed at the end of the year.

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Indian Restaurant Leases Prominent Retail Space at MAB’s New Quay, Docklands

AN upmarket Indian restaurant has leased a prominent Docklands retail space which has sat vacant for two years.

Shiraaz will replace the restaurant known as the Quay Bar and Brasserie, leasing 744 square metres of indoor and outdoor space at the ground level of 12 – 16 New Quay Promenade, a gateway building, within MAB Corporation’s New Quay precinct.

The building is prominent to anybody walking into New Quay from the CBD via Harbour Esplanade, and is at the eastern most edge of MAB Corp’s prominent piece of the $15 billion Docklands development.

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