Bayfair Shopping Centre plans $100m expansion

Bayfair Shopping CentreTauranga’s Bayfair Shopping Centre has announced plans for a $100 million expansion.

The centre’s overall footprint is expected to expand by 9,000sqm to a total of 42,000sqm, which will house 150 stores and 1,820 carparks. It is anticipated the development will commence in coming months.

The centre’s staged development program will add approximately 50 specialty stores including a strong fashion mix new to the region, an alfresco dining precinct, a brand new Countdown supermarket, and the Bay of Plenty’s largest cinema complex with seven screens.

Steve Ellingford, the centre manager at Bayfair Shopping Centre, said development teams are excited to get started on a large-scale programme that has been in the works for some time.

“This is a purpose-driven development that will provide greater choice for people in the region, attract to the Bay of Plenty the types of retailers we typically see in the big cities, and create new job opportunities,” Ellingford said.

“Tauranga is booming and Bayfair is growing alongside the city,” he said. “We are a retail, sustainability and community leader, and will continue to enhance our offering for the benefit of the city and region. This development will provide our customers with new and exciting retail, lifestyle, hospitality and entertainment choices.”  

Bayfair Shopping Centre, managed by AMP Capital, is earmarking around $100 million for the planned development. The centre is home to some of Australasia’s well-known fashion brands, a 440-seat food court, Kmart, Farmers department store, Countdown supermarket and a full range of everyday conveniences and services.

Ellingford said the Bayfair redevelopment aligns with AMP Capital’s vision to create and maintain exceptional destination shopping centres.

“This is a competitive market in a high-growth area with increasingly sophisticated, connected consumers who want access to the same experiences, brands and lifestyle services they have enjoyed in other cities and countries,” Ellingford said.

“Our plan is to create opportunities for retail businesses that will in turn boost the regional economy and bring all the leading retail trends to Tauranga,” he added. “We have always punched above our weight in sales against other shopping centres, and this proposed investment is an indication of the region’s prosperity and Bayfair’s contribution to the commerce of Tauranga.”

Throughout the planned development, Bayfair will host a number of community-focused events and other new initiatives, which will give residents the chance to connect with various local charities and organisations.

 

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