Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Changing Trends Influencing Award-winning Retail Projects

As online shopping increases there is a push to create destination stores while harnessing the internet to drive visitation. Design, construction, market acceptance, financial performance, sustainability, collaboration and social outcomes are also key when it comes to adding value to new developments.

The adaptive re-use of historic buildings to create a dining, entertainment and tourism precinct was one of the reasons Howard Smith Wharves in Brisbane won The Urban Developer Awards for Industry Excellence 2019 development of the year for retail.

The 2018 winner, QIC Global Real Estate’s Eastland Stage 5 Project, had a focus on urban renewal, linking transport and creating a new centre-point for Ringwood in east Melbourne.

Moving into the pandemic, the 2020 finalists found fresh air, sustainability and social outcomes future-proofed their developments.

Ultimately Frasers Property’s Burwood Brickworks Shopping Centre took home the trophy with its self-sufficient design in east Melbourne.

Living building challenge manager Stephen Choi said they had gone into the development quite open minded and, after its success, would adapt elements of this project into future retail design.

“It’s a building that generates renewable energy, cleans its own water, is made with non-toxic material, has incredible air quality, biophilic design and there’s more than 5000sq m of food-growing on site,” Choi said.

“There’s an amazing number of end-of-trip facilities for people to use and it’s just a beautiful internal environment for people to spend their time in.

“We want people to invest their time there.”

Choi said they created the shopping centre under the same performance parameters as Fraser’s other developments with a more sustainable outcome which will influence the future of retail.

The Urban Developer

© Scoop Media

Business Headlines | Sci-Tech Headlines


Maritime Union: Deepening Supply Chain Crisis Requires Action

Maritime Union of New Zealand National Secretary Craig Harrison says the global COVID-19 pandemic exposed pre-existing weaknesses in our logistics sector, and created enormous problems... More>>

Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Mercury: Enters Into Binding Agreements To Acquire Trustpower’s Retail Business

Mercury NZ Limited (Mercury) has announced that it has entered into binding agreements with Trustpower Limited (Trustpower, NZX:TPW) to acquire Trustpower’s retail business for NZ$441 million... More>>


ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>