The Glen Shopping Centre in Glen Waverley is receiving a $490 million re-development which will create more than 2,350 new jobs.
The first stage of the project – commencing later in 2017 – will refurbish the existing shopping centre, introduce international brands such as Aldi, and relocate Woolworths to anchor the new fresh food market with Coles.
The redevelopment will create 1,150 jobs during construction and 1,200 on-going retail and hospitality roles.
It will also showcase a new contemporary food gallery with elevated views of the Dandenong Ranges and a casual dining hub over two levels.
The Glen Shopping Centre is co-owned by Vicinity Centres and the Perron Group. It will feature 240 retail outlets and 3,650 parking spaces on completion in early 2020.
The retail sector is one of Victoria’s biggest employers, providing jobs for 324,800 people. The sector generated more than $75 billion in turnover in 2016 – contributing about 4.5 per cent to the GSP.
The Victorian Government will continue to support the retail industry into the future.
In the past 12 months, Chadstone has unveiled its $660 million major expansion and retail giants David Jones and Alibaba have set up regional headquarters in Melbourne.
Minister for Industry and Employment, Wade Noonan, said, “The New Glen redevelopment will create thousands of jobs and boost retail trade in a growing part of our city.
“Retail is one of the great pillars of the Victorian economy – and we’ll continue supporting its future growth to ensure we stay the shopping capital of the nation.”