Australia Fair Shopping Centre owners, YFG Pty Ltd, will invest $15 million in the redevelopment of Australia Fair West on Scarborough Street, Southport, to create Australia Fair Metro.
The centre will be transformed, including a new dining precinct flowing onto Young Street, and will capitalise on the council initiatives in Southport including the new Chinatown precinct and Light Rail.
Accentuating the relaxed coastal atmosphere, Australia Fair Metro will revitalise the area, encouraging shoppers to discover the eclectic mix of retailers and dining options, while also enjoying outdoor areas and spaces to unwind with family and friends.
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. The centre is now taking expressions of interest for leasing.