AMP Capital’s $800 million redevelopment of Perth shopping centre

An $800 million redevelopment of a shopping centre in Perth’s north-west is set to commence next week.

Investment manager, AMP Capital, is looking to expand the Karrinyup Shopping Centre by upgrading the leisure, entertainment, retail and food and beverage offerings.

The centre will increase in size from 59,000 sq.m to 109,000 sq.m to make way for additional supermarkets, alfresco dining area, international retailers and a 10-screen HOYTS cinema.

It is set to bolster Perth’s economy as 2,500 jobs will be created during construction of the project. An additional 2,500 retail and support roles will be generated to meet the demand of the new retailers.

The expansion of the centre has been designed by Perth-based architecture firm Taylor Robinson Chaney and Hames Sharley and will be constructed by Multiplex.

Karrinyup Shopping Centre’s redevelopment is set to conclude in late 2021.