Hallett Cove Shopping Centre to undergo $18m revamp under new owners

Article from Adelaidenow, 17 October, 2022

After years of store closures and shop vacancies, the Hallett Cove Shopping Centre is set for an $18m revamp under new owners.

The new owner of the Hallett Cove Shopping Centre has unveiled an $18m plan to breathe new life into the complex, featuring a revamped dining precinct, new stores and an outdoor children’s play area.

Construction will commence later this year on a long-awaited redevelopment, which will include a reconfiguration of the previous food court into a new dining precinct with cafes, restaurants and eateries.

The Aldi entrance to the centre will feature a new open-air children’s activity zone, cafe and outdoor seating area.

Antunes Group paid Makris Group $65m to take over the shopping centre last year, following a series of stores closures and long-term shop vacancies under the previous owners.

Antunes Group’s Richard Antunes said the upgrades were designed to attract tenants and shoppers back to the precinct, and to create a “community heart” of Adelaide’s southern suburbs.

“We have a strong track record in retail and are confident in the plans because we’ve taken the time to properly resolve the issues we faced since buying Hallett Cove Shopping Centre,” he said.

“Centre analysis has provided a pleasant surprise, proving that we already have more than 3.5 million visitors to the centre per year. The businesses that are already in and committed to the centre trade well. There is a great opportunity for future growth and ambitious plans.”

New local and national retailers are being lined up for the centre’s more than 50 speciality shops, including The Reject Shop and homewares and gift shop chain Kaisercraft, which will both open new stores. Further tenant announcements are expected next month.

Current retailers at the centre include a Big W, Aldi and Drakes supermarkets and a Woolworths supermarket that is currently undergoing a $6m-plus refurbishment and expansion.

The shopping centre redevelopment is expected to generate an additional 100 permanent jobs once completed.

Mr Antunes owns several shopping centres across Adelaide, and transformed Henley Square a decade ago through his development of the H20 and Baju Apartments and retail complex.

Architecture firm Hames Sharley has been engaged to design the Hallett Cove redevelopment, and managing director Caillin Howard said it was aimed at adding more “aspirational shopping experiences” to the current convenience-based offering.

“It’s been a pleasure to build an understanding of the role this place plays to its community and to work with the team to reshape and align the centre, and bring new soul and purpose whilst addressing our community’s needs,” he said.

“It will be an ongoing collaboration to furthering the role of the centre from its base of convenience to adding more lifestyle, food and beverage and aspirational shopping experiences, where one cannot just come to shop, but locals can connect and meet for so much more.

“More public spaces, more amenity, and further connection to the sea views.”

'Hallett Cove Shopping Centre to undergo $18m revamp under new owners' by Giuseppe Tauriello originally seen in Adelaidenow , 17 October 2022. Picture: Artist's impression of $18m redevelopment of Hallett Cove Shopping Centre. Picture: Hames Sharley. Licensed by Copyright Agency. You may only copy or communicate this work with a licence.