Tipalea Partners breaks ground on $35m Hobart retail centre

Tipalea Partners breaks ground on $35m Hobart retail centre

Construction has commenced on a new $35 million retail destination in Hobart called Glebe Hill Village, following a soil turning ceremony attended by Mayor of Clarence City Council Doug Chipman.

Located at the intersection of the South Arm highway and Pass Road in Howrah, Glebe Hill Village is the first new neighbourhood shopping centre to be developed in metropolitan Hobart in over a decade.

The centre is already 90 per cent leased with just four vacant stores remaining. Anchor tenants will include Coles and a drive thru McDonald's.

"This development will provide a significant benefit for the growing area of Clarence Plains, which we predict will grow to a population of more than 20,000 people and become a satellite city in its own right in another 10 years' time," Mayor Chipman said.

"Glebe Hill Village will help ensure we have more infrastructure and services in place to meet the needs of this booming area."

The site, acquired by property developers Tipalea Partners in 2016, is in close proximity to several new residential estates in Hobart's eastern growth corridor.

The retail centre is expected to create around 200 jobs during construction and more than 350 ongoing jobs once the centre opens.

"We are thrilled to finally break ground on the site and, with leading Tasmanian contractors Fairbrother, begin construction on what is one of our most exciting projects to date," Tipalea Partners CEO Scott Spanton said.

"Glebe Hill Village will bring high-quality retail variety, convenience and jobs to residents and it's been wonderful to see the immense interest and support from the local community and council."

Glebe Hill Village is due to open in September 2022.

 

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