Construction commences on reimagined Karingal Hub
As construction commences on the revitalised centre, we are excited to share the details of our $160 million expansion that will transform Karingal Hub into a leading shopping destination on the Mornington Peninsula.
A vibrant new Town Square, market-style fresh food precinct, more free parking and the addition of new retailers and mini majors are just some of the exciting changes coming to Karingal Hub!
At the heart of our new vision is a new Town Square that will link a refreshed and expanded retail mix in the existing mall to the already popular Village Cinema. Perfect for families, this vibrant new area will feature a fun playground and programmable community spaces to nurture and promote a sense of connection and vitality.
It will also be a great place to meet, with new cafes and restaurants to feature in this central area, providing alfresco dining experiences that spill out onto the town square, giving locals a friendly day-to-night place to socialise.
As part of our redevelopment, Karingal Hub’s existing centre will be refurbished and expanded, with spaces realigned to improve access, shopping zoned for convenience and a new market inspired fresh food precinct added.
Aldi and Coles supermarkets will open alongside a refurbished Woolworths, joining the existing Big W and Village Cinemas. More exciting retailers will be announced over the coming months.
And for those who love our free parking, we’ll be adding an extra 550 free car parks, taking the number of car spaces at the centre to 2,650, with 40 per cent undercover!
Work has already started and will be completed in stages over 18 months, allowing the centre to continue to trade throughout the works. We look forward to keeping you updated on this exciting project!
For any Leasing enquiries please contact a member of the ISPT Leasing Team:
(03) 8601 6505
Karingal Hub is proudly owned by ISPT
ISPT properties are created for the communities that use them: Places where people can socialise, shop or work, hubs where people can gather and connect, and retail centres that help our regions grow and thrive.
For 25 years, ISPT has invested the retirement savings of over 50% of working Australians into property. Which means their properties are not only created for you, they may be owned by you too.
By investing on behalf of some of Australia’s largest industry superannuation funds, ISPT creates growth for people and places through property.