AMP Capital have announced the opening of the first section of the new-look Fashion Loop at Western Australia’s Karrinyup Shopping Centre, with the first stores oprening their doors on Thursday, 21st November.
The $800 million development, which AMP Capital is managing on behalf of owner UniSuper, was designed as part of the TRHS joint venture between Hames Sharley and Taylor Robinson Chaney Broderick.
Work on the expansion commenced in November last year and will see the centre almost double in size, growing from 59,874 to square metres to 109,000 square metres. The first stage of the Fashion Loop will see major international retailers H&M and Swarovski joined alongside a new expanded location for premium Australian beauty retailer MECCA.
In addition to the new retailers, a number of other specialty retailers including Kikki.K and The Body Shop will be relocated to the new-look Fashion Loop, sparking the centre’s transformation into a more sophisticated, inspirational retail experience for Karrinyup customers.
Located on the northern side of the centre, the Fashion Loop will open in its entirety in late 2020. It is a significant element of the overall development which on completion will offer approximately 290 specialty stores including high-quality local, national and international fashion retailers, an extensive food and beverage offering, new Coles and ALDI supermarkets and a state-of-the-art 10 screen HOYTS cinema.
Karrinyup Shopping Centre will also welcome a new multi-deck carpark as part of this launch with approximately 700 bays and a parking guidance system as well as a refurbishment of Australian retailer BIG W.
The opening of the first section of the Fashion Loop is the first unveiling of the reimagined centre, with the entire development on target to be completed at the end of 2021.