- Stage One opened in June 2020 having been delayed by the pandemic
- Stage Two set to open 2022
- Anaconda, Officeworks and McDonalds among major tenants announced so far
Several large tenants have been announced for the new stage of the Western Sydney retail development, which is being facilitated by Frasers Property.
Eastern Creek Quarter (ECQ) Stage 2 – set to open in early 2022 – is among the projects the New South Wales Government fast-tracked as part of the Planning Systems Acceleration Program.
New major tenants have been announced with Anaconda, Officeworks and McDonalds to feature amongst Eastern Creek Quarter’s (ECQ) Stage Two development. This stage comprises approximately 11,000 sqm of large format retail space with individual spaces ranging from 200sqm to 2,000sqm.
So far, Anaconda has committed to a 1,900sqm tenancy, Officeworks 1,700sqm with McDonald’s planning to open a drive-thru outlet on a separate site integrated with the second stage, which is subject to council approvals.
This follows the opening of Stage One in June 2020, which opened several months after the original open date of March 2020 having been delayed due to the onset of the pandemic.
Stage One features a full-line Woolworths supermarket with a unique social precinct that features a covered and alfresco setting, outdoor deck, kids play area and a large-format outdoor digital screen. This ‘revolving retail’ social precinct is the first of its kind in Australia.
The Green Building Council of Australia recently awarded Stage 1 a 6 Star Green Star Design & As Built rating with sustainability features including 1MK of solar panels, a 200kL rainwater tank onsite and extensive landscaping and trees within the car park.
“Eastern Creek Quarter already stands alone in the western Sydney retail landscape for its dining choices and entertainment focus. These points of difference will be complemented by the new large format precinct coming soon,” said Tim Moore, General Managing Retail Leasing for Frasers Property.
“It adds up to a unique opportunity for quality retailers interested in establishing a presence in a centre that’s convenient to access, beautiful in appearance, comfortable to visit and already a fixture in a diverse and growing local community.”
It is hoped ECQ will capitalise on significant growth in the trade area. According to Location IQ, in 2019 the area spent around $13.1 billion which is a figure that is set to rise to $23.6 billion. This is in part due to younger, larger than average families who have incomes about 20% higher than the benchmark of $98,500.
The site itself is also highly exposed; 11.2 million vehicles travel along the Great Western Highway annually, with significant growth in workers and residents based in the surrounding area. According to Fraser Property, ECQ has 330,000 within a 15-minute drive radius with this figure increasing to 1.2 million for 30 minutes.