LAKE Macquarie Fair and Mount Hutton Plaza will undergo a $58 million makeover after a development application to integrate and revitalise the shopping centres was approved by Lake Macquarie City Council.
Minor works in the shopping centre’s car park began this week, but the majority of the work is scheduled to start in early 2018.
On completion, the redeveloped centre will deliver “23,763 square metres of retail, entertainment, leisure and community space,” which will include a new entry and dining precinct.
Owned by Charter Hall Retail REIT, it will also have an updated Coles supermarket, additional specialty food services, as well as upgraded internal amenities.
The REIT’s fund manager, Scott Dundas, said the “significant investment” would deliver a revitalised centre for the local community.
“We engaged a number of local community members who supported and advised us in creating something that is really special and meaningful for the Lake Macquarie area,” Mr Dundas said.