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Sydney shopping centre, Harbourside Shopping Centre closes its doors

An iconic Sydney shopping centre opened by the Queen for Australia’s Bicentennial will close from today.

People are going to be 'far more discerning’ about shopping this Christmas

A Sydney shopping centre opened by Queen Elizabeth II for Australia’s Bicentennial in 1988 will close for good on Friday.

Darling Harbour’s Harbourside shopping centre opened in 1988, but the food and shopping destination will be demolished, as part of a $2 billion redevelopment which will be carried out by Mirvac

The Harbourside Shopping centre in Sydney’s Darling Harbour last day of trade will be on December 9. Picture: Sam Mooy
The Harbourside Shopping centre in Sydney’s Darling Harbour last day of trade will be on December 9. Picture: Sam Mooy
This will end more than 34 years of trade. Picture: Sam Mooy
This will end more than 34 years of trade. Picture: Sam Mooy

This comes as growing vacancy rates have plagued the centre, with many of the shop holdings currently vacant.

Set to begin in January 2023, the redevelopment will include a world-class retail precinct, commercial workplace, outdoor spaces and entertainment hubs. A 42-story residential tower is also in the words, which will add around 300 luxury homes.

Another nearby icon is also slated to close, with the last day of operation for the Darling Harbour Ferris Wheel expected to be on January 2, 2023.

Developer Mirvac unveiled plans for the huge revamp that will include a widened waterfront boulevard and pedestrian bridge connecting it to Pyrmont.
Developer Mirvac unveiled plans for the huge revamp that will include a widened waterfront boulevard and pedestrian bridge connecting it to Pyrmont.
Public outdoor spaces was also a focus for redevelopers.
Public outdoor spaces was also a focus for redevelopers.

Despite the promised facelift to the area, retailers who have been forced to shut up shop said they were “upset” over the forced closure.

Some of the retailers and food outlets which occupied the centre included the Hard Rock Cafe, Typo, McDonald’s, Ally Fashion and Pancakes on the Rocks.

Speaking to 7News, Lilly Makhoul from Marco Gianni Shoes said: “All the businesses are very upset about having to close down, but what do we do, it’s beyond us”.

On Instagram, bar and club The Watershed Hotel confirmed that “the rumours are true,” and it would be their “final week of trade”.

The Harbourside redevelopment is part of a larger ‘Harbour Super Precinct,’ which features a collection of tourism assets and entertainment/hospitality venues, from One Barangaroo, to The Star. Picture: Blue Tourism
The Harbourside redevelopment is part of a larger ‘Harbour Super Precinct,’ which features a collection of tourism assets and entertainment/hospitality venues, from One Barangaroo, to The Star. Picture: Blue Tourism

In a statement released by the NSW government, Investment Minister Alister Henskens hoped the project would boost Sydney’s tourism and increase jobs. He expects the entire development to create more than 2000 construction jobs and another 4500 roles once completed.

Cities Minister Rob Stokes says the Harbourside redevelopment is part of the state government’s plan to revamp Sydney’s waterfront.

“From Bays West to Circular Quay, we’re breathing new life into Sydney’s harbour foreshore to make it greener, more accessible and more beautiful,” he said.

“The project will deliver a hectare of precious public open space, include a 3500 sqm park and a widening of the waterfront promenade.”

Read related topics:Queen Elizabeth IISydney

Original URL: https://www.news.com.au/finance/business/retail/sydney-shopping-centre-harbourside-shopping-centre-closes-its-doors/news-story/2674d753d4447e563003ad09cfa817fc