Probuild has started construction on the $300 million QIC-owned Grand Central Shopping Centre in Toowoomba that will see the centre double in size.
The redevelopment will increase the centre to approximately 90,000 square metres with completion expected in early 2017.
Developed by QIC, the Grand Central shopping centre opened in Toowoomba in 1996 with QIC acquiring the neighbouring Gardentown site in 2009 with a view for future redevelopment.
The redevelopment of Grand Central will see the existing centre linked to the former Gardentown Shopping Centre via a two-level retail galleria, and will introduce new discount department stores, new supermarkets and approximately 160 specialty retailers, including global high street and iconic Australian fashion brands.
Grand Central Shopping Centre is the latest high profile contract win for Probuild in Queensland after establishing its operations in the state in late 2013.
In August, Probuild was chosen as the preferred builder to construct a 22-level student accommodation tower in the heart of Brisbane’s CBD. Developed by Iglu, construction of the new 414 bedroom development is well under way with completion expected in late 2015.
“This is a massive coup for Probuild. To secure our second large scale project within our first year of operation is a fantastic achievement and one we are all extremely proud of,” Probuild Queensland Managing Director, Peter Ward, said.
“The first year of any new business venture is always challenging but we are very happy with our progress to date. With two significant projects secured in the second half of 2014, we believe we are well positioned to tackle 2015 head on and respond to the ever changing demands and expectations of clients.”