New development, Capestone Village, spurs monorail wishes from public

News of yet another retail development north of Brisbane has been met with an extravagant wishlist by residents.

An artist's concept of the how the Capestone shopping complex may look.

NEWS of a retail development at Capestone has been met with guarded optimism by business leaders and drawn extravagant wishes from the public.

Capestone Village, an 1800sq m retail complex at Mango Hill, is scheduled to open by the end of next year.

The complex, on the corner of Capestone Boulevard and Napier Ave, will be built by Brisbane firm Vecchio Property Group and will back onto the man-made lake.

It will comprise three precincts — a supermarket precinct, medical precinct and a restaurant and food precinct.

“I welcome any business that brings jobs to the area and I see competition as a good thing,” said North Lakes Chamber of Commerce president Dave Green.

“Other than that it will also help the community with a medical centre.

“I am worried, though, about where this will end up.

“We already have Westfield, and there is residential and retail already in Mango Hill.

“Then we’ve got Capestone and we’ve got Laguna planned.

“I am curious to see how all these businesses will survive in a time when everyone is watching their discretionary spending.

“We are concerned about the longevity.”

An artist's concept of the how the Capestone shopping complex may look.

Comments on Facebook about the development were varied with some people hoping for extravagant inclusions.

Glenn Teddy said more lake front restaurants would be nice.

“As would a monorail to really put Mango Hill on the map,” he said.

Yanti Weaire meanwhile, said: “Hopefully it won’t be a concrete jungle but lots of green space with cafes, and a rooftop wine bar.”

Vanessa Rooks said as long as there’s adequate parking, she’ll be there.

“Be nice to stroll there for brekkie or brunch at the weekend, but do we really need more shops and please no more fast food outlets,” said Jules Mac.

Mick O’Leary was concerned about the “over capitalised“ retail sector.

“It’s going to be empty shops all through the North Lakes area in 10 years once the cheap rent period dries up,” he said.