CAMPBELLTOWN is set to accommodate the fifth largest shopping centre in NSW.

Macarthur Square owners, Australian Prime Property Fund Retail (APPF Retail) and GPT Wholesale Shopping Centre Fund (GWSCF), have given the tick of approval to start the shopping centre’s $240 million redevelopment.

The redevelopment will transform the centre, adding about 16,000sq m, including a new 4500sq m Coles supermarket, a 1500sq m ALDI, an expanded and refurbished Target, and a new 2500sq m Harris Scarfe store.

The expansion will also include an additional 550 carparking spaces.

media_camera The upgrade includes an additional 550 carparking spots.

It is estimated the upgrade will generate more than 2000 jobs during construction and about 1000 additional retail positions once the project is complete.

Campbelltown Mayor Paul Lake welcomed the redevelopment and said it was a great boost for employment and economy in the area.

“It’s great it’s on the move now,” Cr Lake said.

“People will be able to work in Campbelltown LGA without travelling out of the area, people will be able to do all their shopping in the area, and it’s great for economic development.

“Macarthur Square is in the ideal spot as there is the uni, hospital and railway line surrounding it.”

The shopping centre, managed by Lendlease, currently sits in 10th place as the largest shopping centre in the state, but will become the leading retail complex in southwest Sydney.

media_camera An artists impression of the centre expansion.

Lendlease retail business head Gary Horwitz said the redevelopment would

strengthen the position of the centre by introducing an upgraded and revitalised

shopping experience.

“We are excited to announce the introduction of the next generation David Jones

department store, which will undergo a complete refurbishment,” Mr Horwitz said.

“Our current retailer offer will be further enhanced with the introduction of approximately

45 specialty stores as well as a fresh food market hall and a collection of new dining

offers adjacent to a spacious dining terrace.

“The redevelopment will stimulate the local economy, boosting employment and

offering further opportunities to retailers.”

Construction is expected to take two years, with the main extension due to be completed by Christmas 2016.