Work began on the property in January, and the firms expect tocomplete the expansion by the end of 2010. Charlestown, currentlyat three levels, is anchored by a Big W grocery store and Myer andTarget department stores.


Besides adding to the project's retail offerings, GPT and LendLease will construct a lawn-bowling facility, football fields, ayouth center and a childcare venue.


Sydney-based GPT owns 18 shopping centers in Australia andmanages another 13. It also owns 19 office assets, resort holdingsthroughout the country and about 25 senior-housing facilities inthe US around New England.


Bovis Lend Lease is the design and project-management arm of theLend Lease Corp., which is based in Millers Point, New South Wales.Other Australian retail projects Bovis is undertaking include therenovation of the A$470-million Top Ryde shopping center in Sydneyand the expansion of the A$180-million Robina Town Centre on theGold Coast.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.