Westfield Unveils $600M Mixed-Use Project

SYDNEY, AUSTRALIA-Westfield Group, the locally based public company unveiled plans for another of its office and retail developments, this one here in its home town. The $600-million endeavour will expand, refurbish and connect Westfield’s Centrepoint, Imperial Arcade and Skygarden properties in Sydney CBD.

The undertaking will include the addition of a 27-story office tower over a retail podium; refurbishment of the existing office building at 100 Market St.; expansion of the current retail area from 340,354 sf (31,620 sm) to 416,778 sf (38,720 sm); expansion of the number of retailers from 263 to 300; expansion of the parking from 65 slips to 188 slips. The project will be completed in stages over three years.