Broadway

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The Broadway Shopping Centre in Sydney is set for a $55 million redevelopment.
The redevelopment includes a 3400 square metre-expansion of Level 2 that will add about 31 new stores.
The redevelopment will also increase the centre's food and fashion retail offer, following the introduction of Apple Store in mid-2012 and ALDI last year.
Business as usual will continue throughout the redevelopment period.
The Mirvac and Perron Investments-owned Broadway Shopping Centre ranked first for turnover per square metre according to the 2015 Shopping Centre News Big Guns report, up 6.4 per cent from last year at $12,248 per square metre.
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Broadway Shopping Centre set for $55 million upgrade

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Swedish fashion giant H&amp;M will open its next Australian store at Broadway Sydney in spring in the revamped Level 2 precinct.
Broadway owners, Mirvac Group and Perron Group today said the redevelopment includes a 3,400 square metre expansion to increase the food and fashion retail offering to approximately 31 retailers.
Mirvac senior retail development manager Christina Nelson, said by bringing more prestigious retail options to the inner west, we’re giving locals the opportunity to shop for everything they need without having to venture into the city
“H&amp;M is the perfect addition to our current offering, which includes everything from Apple Store, JB-Hi Fi, Nike, Kmart and Target to Coles, ALDI, Hoyts and Rebel.”
H&amp;M is known for its collaborations with celebrated designers such as Karl Lagerfield, Stella McCartney, Jimmy Choo and Madonna.  
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Swedish fashion giant H&M set for Broadway Sydney

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Beauty products retailer Sephora will open their fifth Australian store at Broadway Sydney in August as part of the shopping mall's Level 2 makeover.
The 400 square metre store will be have more than 100 cosmetic brands, including Marc Jacobs, Givenchy and Sephora's own collection.
Sephora, which has 2,000 retail stores worldwide, is owned by luxury goods group LVMH Moët Hennessy Louis Vuitton.
It opened its first Australian store in Sydney’s Pitt street mall in December 2014. The Broadway store will be its third in NSW.
Level 2 is part of the shopping centre's $55 million makeover and nearly 30 new retailers are expected to take lease there. It is expected to open later this year.
Sephora country manager, Australia, Libby Amelia, said the beauty giant was excited to be a part of the new Level 2 at Broadway Sydney.
“Broadway is such an iconic centre in Sydney and with the redevelopment of Level 2, Sephora are excited to join the thriving retail offering. After such great success with our first two NSW stores, it just made sense to continue the growth locally,” Amelia said.
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Beauty retailer Sephora moves into Sydney's Broadway

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Calvin Klein Underwear are opening their next Australian store in Sydney's Broadway in August as part of the centre's $55 million redevelopment.
Centre owners Mirvac Group and Perron Group today confirmed the retailer will lease 65 square meters. 
The store will sell the Calvin Klein Performance line, a women’s athleisure range.     Christina Nelson, Mirvac’s senior development manager, retail, said the introduction of CalvinKlein Underwear further cements Broadway Sydney’s position as a premier shopping destination. 
"The centre has focused primarily on retail trends and by introducing a diverse mix of brands to Broadway Sydney, we hope to provide shoppers with an urbanised precinct housing everything they need from food and lifestyle, to fashion and beauty," she said.   
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Calvin Klein Underwear heads for Broadway Sydney

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Notre Dame University have bought a unique development site in the heart of Sydney’s university precinct for $21 million at auction.
The auction through Colliers International saw a mix of local and offshore developers, international student accommodation providers and major tertiary providers competing for <a href="https://www.commercialrealestate.com.au/property/142-152-broadway-chippendale-nsw-2008-2013886739" target="_blank">142-152 Broadway</a> in Chippendale.
Bidding started for the 520 sqm site began at $16 million.
“We saw massive interest in this site with over 200 enquiries received prior to auction,” said Miron Solomons, director of Sydney investment sales at Colliers International who sold the site in conjunction with Justin Rose of Ray White Commercial.
“This privately held, 520sq, asset with dual street frontage to Broadway and Grafton lane sits moments from universities, major transport links and Broadway Shopping Centre.”
Strategically located between Sydney University, University of Technology Sydney and the University of Notre Dame, 142 – 152 Broadway the remaining site in Chippendale Education precinct and benefits from close proximity to China Town and the new Light Rail.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/3/Broadway%20copy.jpg" alt="">
The site has a flexible mixed-use zoning with a floor space ratio of 6:1 and height limit of 25 metres, which allows for a diverse number of uses.
“The favourable development controls offer flexibility for an area which not only provides access to three major education institutions, but also acts as a gateway to the Sydney CBD and ticks all the boxes including its proximity to major transport links and key infrastructure projects,” said Mr Solomons.
“Chippendale has become a thriving part of the city fringe, with a unique culture which has benefitted from unprecedented investment from universities and government as well as residential development and student accommodation providers.”
The inner-city universities around Sydney generate much of the appeal for students, with 153,301 students across the three universities which includes 27.3% or 41,586 international students in 2015 based on the latest statistics.
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Notre Dame University buy development site in Sydney's university precinct

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Crowds stretching for 1.4 kilometres lined up for the opening of Broadway Sydney’s new LEGO Store earlier this month.
Broadway Sydney Centre Manager Justine Saltmarsh said it was a very successful launch unveiling a Broadway mosaic, hand-built from 51,769 individual bricks and a bespoke Broadway 3D model, hand-made from 28,179 bricks.
It was so popular, traffic for the centre was up 20%.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/16/Mirvac-Broadway-LEGO-opening-191012-PaulMcMillan-34.jpg" alt="">
“We can’t wait to see the creativity unlocked on level 2, this is truly a wonderful new experience to add to Broadway’s status as a much loved destination,” Saltmarsh said.
She said the Level 2 environment with its eclectic mix of dining, fashion and highlighted art installations made a perfect environment to the Lego Store.
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