The $78 million expansion of Botany Town Centre has entered the third stage of its extensive refurbishment with the closure of Garden Lane. This marks a significant milestone of the large-scale development which is on track to complete in mid-2019.
The development to date has seen the extension of the main entrance (Conservatory) well under way with the roof due to be added in the next six weeks. The refurbishment of Market Square (near New World) is also well advanced.
AMP Capital shopping centres development manager Paul Hudson said retailers have been supportive of the closure of Garden Lane, and sales have been positive throughout the development.
“When the newly developed precincts re-open next year, we anticipate five new tenants will come into Garden Lane along with existing retailers, most of whom have been temporarily relocated during the redevelopment.”
The redevelopment will enable the centre to cater to the needs of the growing population within the community, by bringing Botany Town Centre’s gross lettable area to more than 62,700 square metres occupied by over 200 tenants, while preserving its qualities as an open-air shopping centre that customers enjoy. Botany plans to embrace its environment even further, delivering a seamless movement between open air and enclosed spaces.
Botany Town Centre opened in 2001 and is currently Auckland’s second-largest shopping centre by lettable area.