VIC State Update
Strengthening our pipeline for success
A great start to 2024 with fantastic progress for all our exciting projects with new opportunities for growth to bolster the VIC retail construction pipeline into the new year.
Harpley Town Centre continues to make excellent progress thanks to our partnership with Eildon Capital Group and Artro Management. The fit-out for anchor tenant Coles is underway and on schedule for early client access. Overall, this significant project for the VIC team is on course for success.
Myer Bayside has reached completion, with key tenants maintaining their targeted opening dates within the centre. It’s been a fantastic collaboration between client Vicinity, APP, and Mainbrace to overcome the challenges of this live environment project and cross the finish line together.
Our Coles projects are also showing great progress. Coles Altona stands as another example of excellent safety practices and adherence to scheduled milestones. Coles Flemington is set to commence next, following the same successful trajectory. Coles Chadstone achieved its target opening in December 2023, with the remaining back-of-house works scheduled for completion in late February 2024. This success is attributed to the fantastic collaborative efforts of both the Coles project team and Mainbrace.
We’re thrilled to have initiated the Bendigo Marketplace project with Woolworths Group and are currently discussing further exciting pipeline opportunities with our VIC team.
We recently have embarked on an Early Contractor Involvement (ECI) partnership for two high-end community centres with Lifestyle Communities. These projects mark Mainbrace’s first venture into Lifestyle’s vision and growth, and we’re incredibly excited to be part of this journey.