PART of Australia Fair Shopping Centre is set to undergo a $15 million makeover.
Australia Fair West, which is located on the western side of Scarborough Street, will be redeveloped to include a new dining precinct flowing onto Young Street and outdoor areas and spaces for shoppers to relax.
It will also be renamed to Australia Fair Metro.
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Australia Fair Centre Manager Malcolm Miller said the owners are committed to the revitalisation of Southport and are making significant investment to capitalise on the council initiatives in Southport including the new Chinatown precinct and Light Rail.
“We’re really excited to be the first part of the broader plan to revitalise Southport. We’ve been an integral part of the Southport region for many years, it’s a vibrant area, and this project will enhance it and add greater choice for both locals and visitors,” Mr Miller said.
Mayor Tom Tate said news of the redevelopment was another exciting step towards the creation of the Gold Coast CBD as a vibrant urban centre.
“This is wonderful news for Southport businesses and residents as the redevelopment will attract new restaurants, and also for tradespeople because it will mean more jobs in the construction phase,” Mr Tate said.
“With this commitment from Australia Fair we will create a world class Chinatown and reinforce Southport as a key business, dining and retail hub.”
The location of the Gold Coast Chinatown will integrate the precinct as part of the urban fabric of Southport, with opportunities existing to connect the precinct through Australia Fair Metro to Southport Central and Nerang Street Mall to Broadwater Parklands.
The development is due to commence in November 2014 with completion expected April 2015.