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Thriving Northern Gold Coast retail hubs $20 million expansion project

Works has started on a new 16-pump Caltex and associated Starmart which is part of long-term plans to eventually double the size of the Homeworld retail precinct at Helensvale. Site foreman Peter Canavan oversees the laying of the pad. Photo: Jerad Williams

A THRIVING Gold Coast retail hub has begun a new $20 million expansion project as part of a long-term masterplan development worth hundreds of millions.

“The northern Gold Coast is a regional destination now and trading very strong with all the housing growth. There are a lot of businesses looking to expand into the area.”

As an example of the growing northern Gold Coast — which included Upper Coomera — Mr McLellan said Homeworld attracted 850,000 cars in its first 12 months seven years ago.

Now it attracts about 1.8 million car trips a year.

Despite not being able to discuss who prospective stage six tenants were while negotiations continued, they included medical and professional services plus retail and hospitality.

Homeworld asset manager Linda Durant said: “We have already had strong interest from medical and professional services as well as retailers and hospitality.”

It is expected stage six will be completed by late 2017.

For the original Gold Coast Bulletin story "Homeworld Helensvale expansion with Caltex and 16 new tenancies is demand driven, says Grant McLellan" click here.

The purple arrow in the foreground represents the Coomera Town Centre which is now under construction. The yellow arrow in the background is the Homeworld site. Credit: Skypics