Property
Issue No. 41 - June/July 2008
Daycorp Phoeniz rises in Gawler
Developer DayCorp says its $30 million dollar retail and commercial hub at Gawler only reflects SA’s prosperity, with the regional centre’s population predicted to increase by 30% during the next decade.
A trade area analysis report commissioned by DayCorp projects population in the Gawler Council area will grow from the present 19,000 to 27,283 by 2021. The 6508 square metre shopping centre, Phoenix Plaza, will incorporate the historic former Phoenix Foundry building at Gawler.
DayCorp Director Travis Day reports “a high level of interest” in the new centre both locally and interstate with Target putting its hand up as anchor tenant.
“As SA’s economic growth continues to strengthen in the northern areas of Adelaide, quality shopping centres with quality tenants are needed,” Travis says. “For such a high profile brand as Target to commit to this development is an excellent indication of the interest in and continuing growth and success of the region.
“This development has been well researched and considered to ensure it meets the needs of the local population as well preserving a historical building which is part of Gawler’s history.”
Phoenix Plaza will feature:
•Target as the anchor tenant
•19 specialty shops
•The heritage Phoenix Foundry building will be refurbished and become commercial office suites
•A decked car park of 292 car parking spaces houses an undercover loading dock servicing...
