Plans for a $175-million shopping, dining, office and residential precinct at West End were revealed by Pradella.
The property developer is moving a step closer to its $1-billion vision for West End’s riverside community, with the Montague Markets and Residences as its 14th project in the suburb.
Located at 405 Montague Road, the precinct is set to have Woolworths supermarket as its anchor tenant, occupying 3,400 sqm of the Montague Markets area. Plans for the development also include 1,590 sqm of specialty retail across 15 tenancies and a vibrant 1,200 sqm of a landscaped public plaza, central arcade, and alfresco dining zone.
The precinct’s commercial hub will be offering 1,311 sqm of office space, with a 75-sqm community space included for flexible work arrangements and study.
Montague Residences, comprised of two residential towers, will have a total of 181 apartments and 1,300 sqm of exclusive resort style amenities.
In a press release, Pradella Director Kim Pradella said Montague Markets and Residences is an integral piece of the master-planned Riverside West End community.
“Montague Markets will be an excellent fit for West End with a market-style ambience that extends the suburb’s thriving foodie culture closer to the river,” Mr Pradella said.
“It will also introduce the region’s laneway culture to this precinct by extending Tondara Lane for community pop-up spaces and a 200 sqm public art piece that will further showcase the personality of West End,” he added.
Construction of West End’s new lifestyle precinct is expected to start in late 2018 and Montague Markets retail and dining component is anticipated to open in mid- to late-2020.
