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AMP flags $400m Garden City revamp

Plans are in motion for a $350 to $400 million redevelopment of Booragoon’s Garden City shopping centre, after a complex multi-million dollar ownership swap between Westfield and AMP Capital.

AMP Capital and Westfield swapped interests in a total of seven centres, handing AMP Capital complete ownership of Garden City Booragoon, Pacific Fair on the Gold Coast and Sydney’s Macquarie Centre.

Westfield has taken full ownership of Garden City Mt Gravatt in Brisbane and Casey Central in Victoria, while Sydney's Warringah Mall and Victoria's Knox Shopping Centre remain joint ventures between the two companies, but with altered ownership levels.

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Gross lettable area

3rd↑Galleria Shopping Centre80,757
4th↓Westfield Whitford City77,787
5th-Garden City Booragoon72,221
6th-Rockingham Shopping Centre61,833
7th-Karrinyup Shopping Centre59,715
156 shopping centres ranked by gross lettable area (gla) in m2

Number of Employees

Fashion Retail Precincts

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