Kardinya’s proposed $100 million town centre redevelopment could deliver an unexpected boost to neighbouring property values.
A highlight in the Development Application (DA) and follow-on Activity Centre Plan (ACP) is a soughtafter increase in possible height and density to accommodate a proposed 12-storey development housing 99 apartments.
This increase, in conjunction with the amenities in the Kardinya redevelopment, could deliver a
significant economic boost in the catchment precinct.
The DA, lodged on December 16, details the vision of owner, property developer and philanthropist, Dr Con Berbatis (Dato Holdings Pty Ltd), through a masterplan that incorporates extensive community consultation. The follow-on ACP is set to be lodged in mid-January and will up-lift the precinct density zoning.
Architects Hames Sharley have unveiled a contemporary mixed-use development that promises a fresh retail and town centre experience that delivers “more shopping, more dining and more fun”.
The DA asks for an increase of retail floor space alone from 13,776 square metres to 21,244 square metres. It also details a further 6724 square metres for “entertainment/recreational or cultural purposes” and to accommodate business/offices and service industries. It will also boost the resident population with a 12-storey x 99 apartment development designed to foster a vibrant town centre atmosphere with restaurants, bars and entertainment venues that extend daily activity into the evenings.
Redevelopment highlights include:
- Two supermarkets and a Kmart
- A greater fresh food focus
- A food & beverage and entertainment precinct (cinemas, restaurants, swimming pool, climbing walls etc)
- Increased specialities and services – medical, dental, veterinary
- Extensive shaded and level parking in a multi-deck car park
- Residential apartments.
Dr Berbatis says he is keen for the centre to include a health and wellness centre offering
comprehensive services including medical, dental, imaging and diagnostic services as well as
veterinary.
Entertainment and recreation options are also seen as important attractions for the redevelopment.
“We are actively pursuing cinema groups and swimming pool operators as part of the mix,” he says.
“Community feedback has been really strong on those – and the business case for both is compelling with our location offering competitive advantages.”
Dr Berbatis says the DA marks a significant milestone in the redevelopment of the Kardinya Park Shopping Centre in response to community demand.
“Locals have been waiting 20 years to see this amenity reimagined and repurposed,” he said.
“We’ve invested significantly in listening to them and have incorporated their feedback into the
masterplan – this is really going to set the bar for the future of the retail and town centre experience at this scale.”
“The DA has been lodged with the City of Melville and look forward to the JDAP approval process”, he said.
“We are strongly encouraging Kardinya locals to provide feedback to the City.”
Dr Berbatis said if approval followed, he anticipated construction could begin early in the new
financial year.
Further information:
Clint Ford
Managing Director
Clint Ford & Associates
kardinya.redevelopment@clintfordandassociates.com
0418 652 851