Sylvia Park opens new $277 million shopping floor with new stores
Wednesday, 14 October 2020
Sylvia Park has reclaimed its position as the country’s biggest mall with the opening of its $277 million level one development.
The 20,000 square metre extension, called the Galleria, has added 57 stores and a dining precinct to the Auckland mall, increasing its retail space to 106,427sqm and about 250 shops.
Kiwi Property chief executive Clive Mackenzie said a few of the international retailers will open in stages over coming weeks because of delays caused by Covid-19.
“The pandemic has caused headwinds for our larger offshore retailers, due to issues getting stock, fit outs and key personnel to New Zealand,” Mackenzie said.
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Farmers will be the Galleria’s anchor tenant with a new 8100sqm flagship store.
The new floor will also include Sephora, Nespresso, Pandora, Mi Piaci, AS Colour and Hannahs.
It will also have Indian, Japanese and Thai restaurants.
Construction of the new level had been hampered by Covid-related delays over the past six months including the lockdowns in Auckland and social distancing rules.
Sylvia Park was the country’s biggest mall when it first opened in 2006.
The expansion was part of a massive retail investment in Auckland over the past year by several mall owners.
Westfield opened the $790m Newmarket development with 230 stores in August last year.
Precinct Properties opened the $1 billion Commercial Bay office and retail development, with 100 stores, in mid June.
The next big retail development in Auckland would be Kiwi Property’s Drury development.
Oyster Capital, Fulton Hogan and Kiwi Property were collectively planning to rezone about 330 hectares of land in Drury East from future urban to a mix of residential, business and open space zones.