Retail and Mixed-Use
Yamanto Central Shopping Centre spans 20,000sqm over three levels. This sub-regional shopping centre is stage one of the 25 hectare Yamanto Town Centre masterplan.
DMA Partners was engaged in mid 2014 to undertake a feasibility review for a concept design with a GLA of approxiamtely 13,000sqm. What was discovered was a project that would not make a commercial return and a new development strategy was required. DMA was subsequently engaged to develop the strategy that would deliver a commercially viable development and an investment grade asset that would produce strong returns to the investor.
After fully researching and assessing the market in the Yamanto catchment, it was discovered that there was a significant demand for a retail centre of approximately 20,000sqm rather than the previous scheme of 13,000sqm. The population was also showing significant growth that could be captured with the right development strategy.
“We have now had DMA Partners engaged on our retail development projects for several years including a convenience-based centre to currently a 20,000 sqm sub-regional greenfield site being Stage 1 of a Town Centre. DMA truly values long term relationships and offer a holistic approach through their competent multi-disciplinary team becoming effectively a one stop shop for all of the project requirements. The attention to detail and continual value-adding using their collaborative approach ensures that the focus is consistently on end value of the asset.”