Stockland announces start date for $160m redevelopment

GET your wallets ready - Gladstone's shopping experience is finally on its way.

Stockland Retail chief John Schroder has revealed the $160 million redevelopment of the Coles, Target and Kmart complex will begin in October.

The three-year, three-staged development will see a full line Coles, Kmart and Target as well as two mini-majors, 10 cafe and food retailers, four restaurants and 101 specialty stores.

Stockland has always reported it would not begin to build until the Kin Kora roundabout development was sorted, which the State Government will begin after July following funding commitments from both the State and Federal Governments.

The news follows Friday's official opening of Stockland Gladstone's new food precinct.

Gladstone Regional Council approved the project last year.

The new centre will see the Stockland complex extend to 45,000sqm of space, with up to 160 stores in total.

Stockland Rockhampton currently measures 58,000sqm with about 170 shops available.

Councillors are hoping the new development will stop locals leaving Gladstone to shop.

When it was approved Mayor Gail Sellers said it had taken seven years to get to that point.

"I can still remember going out there for consultation, and for seven years the community has said we need more shops, we need shopping," she said.

On Friday, she was excited: "This is fabulous. It's the best news for the community."

"We have lacked variety in our range of available shopping facilities in the Gladstone region and this development will rectify that."

Topics:  gladstone business retail shopping stockland gladstone

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