Plans lodged for $110m, eight-storey Norwood Mall upgrade with expanded Coles supermarket
Looking like this, it’s not exactly the jewel of the Parade – but new artist impressions of the planned $110 million upgrade of Norwood Mall are much more exciting. See the proposal here.
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Plans have been lodged for a $110 million plan to transform Norwood Mall into a contemporary retail and residential complex.
Australasian Property Developments has applied to the State Government’s assessment panel to build four towers on land bounded by Edward St, George St and The Parade.
It includes an expanded Coles supermarket, new retail outlets and two levels of offices, which could include medical services, in an eight-storey building.
The upper levels would house 24 two-storey townhouses and there would be 387 car spaces across the ground, first and second floors.
Two five-storey towers would be home to 40 apartments and four penthouses.
In addition, nine apartments – and a further 18 parking spaces – are proposed for a three-storey complex facing George St.
Seven trees would be removed to make way for the development but a 127-year-old cork tree and a large river red gum will be retained.
Colliers retail manager Lauren Smith, who is in charge of leasing the retail outlets and office space, described it as an “amazing” development opportunity for Norwood.
“It will be fantastic to finally have something happening on this site,” she said.
“We expect strong demand (for the retail spaces) on the doorstep of the latest Coles supermarket.”
Miss Smith envisaged a similar level of demand for the medical and allied health elements.
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APD managing director Pep Rocca said in January the project would deliver an “enhanced shopping precinct” for the local community.
“We’re trying to complement the other shops in the area and I think this will centralise the heart of Norwood and bring it back to where it was 10 or 15 years ago,” Mr Rocca said.
“We’re trying to make the townhouses very spacious and liveable, targeting owner-occupiers – retirees, young families, professionals.”
Construction is expected to start towards the end of next year and take two years to complete.