Staged $900 million redevelopment set to transform Tweed Shopping Mall

Tweed Shopping Mall, a once unassuming commercial centre, is set to undergo a $900 million transformation with the introduction of a carefully planned staged redevelopment.

Sydney-based fund manager Elanor Investors Group, has submitted plans for a huge mixed-use precinct with 13 new buildings, each reaching a maximum height of 15 storeys, with the aim to revitalise the area and cater to the evolving needs of the community.

A key element of the redevelopment is the deliberate integration of open spaces and public domains between the buildings, with the project spanning a massive 178,601 sqm.

The redevelopment will feature a mix of residential, commercial and retail, aiming to provide a vibrant and diverse environment for residents and visitors.

The residential component will comprise 1,371 townhouses and apartments.

Three supermarkets will cater to everyday shopping requirements, while a fresh food market will provide locally sourced produce to promote a healthy lifestyle.

There will be over 45,000 sqm of space dedicated to retail which will include shops and hospitality tenancies.

In recognition of the area's potential as a tourist destination, the redevelopment project will introduce a 52-key hotel, covering an area of 4,537 sqm. This addition will not only provide accommodation options but also boost local tourism and support the economy.

Part of the development will also be reserved for office space, over 14,000 sqm, to create a full precinct.

A medical centre is also planned, as well as a cinema complex, a child care centre with a capacity of up to 200 children, and a wellness centre.

The redevelopment project aims to seamlessly integrate with the existing road network and street blocks in the vicinity, introducing a new street and pedestrian network. This integration will facilitate smooth traffic flow and enhance accessibility for pedestrians, ensuring the project becomes an integral part of the community.

Recognising the importance of green spaces, the redevelopment will provide ample open areas, covering a total of 24,665 sqm. The project will also include sufficient car parking spaces for 1,258 vehicles, alleviating potential parking concerns for residents and visitors.

Emphasising the significance of environmental considerations, the redevelopment project incorporates 4,156 sqm of landscaping, not only enhancing the aesthetic appeal of the area but also promotes sustainability and the preservation of natural elements within the urban setting.