Edmonton shopping boom

David Sexton

Wednesday, May 28, 2008

CONSTRUCTION is about to start on Coles Sugarworld shopping centre at Edmonton, with the new complex set to open mid-next year.

And Coles is also on the move at Earlville, where it is expected to open a 3700sq m store at Stockland shopping centre early next year.

Rob Macfarlane from commercial real estate company CB Richard Ellis said stage-one of Coles Sugarworld allowed for at least nine speciality shops.

He said likely tenants were pharmacies, video stores, coffee shops and cafes, bakeries and takeaway outlets.

"The shopping village will be located in the heart of the new Edmonton centre making it a focal point for people," he said.

"Edmonton will be the hub of future residential growth in the Cairns area as it is one of the fastest growing residential corridors with the projected population to be 27,500 people by around 2010." The centre will have more than 180 car parks.

Edmonton shoppers soon could be spoiled for choice, with Lou Piccone about to start redevelopment work on Edmonton shopping world.

Cairns Regional Council has also approved a Supa IGA development near
Sugarworld.

Division Two Cr Nancy Lanskey said population growth meant the competing centres probably would be sustainable.

<strong>Retailers: </strong>A shopping boom is taking place at Edmonton with Coles opening a new centre next year, as well as redevelopment of shopping world and a Supa IGA.

Retailers: A shopping boom is taking place at Edmonton with Coles opening a new centre next year, as well as redevelopment of shopping world and a Supa IGA.

<strong>Fortune falls: </strong> Cairns businessman Tom Hedley has taken a $430m hit in wealth according to BRW's Rich List.

Hedley fortune takes $430m hit

CAIRNS developer Tom Hedley is still one of Australia's richest people but his personal wealth has taken a $430 million hammering. more

Business training on islands

THE Torres Strait Regional Authority and Tropical North Queensland TAFE have joined forces to deliver training for aspiring Torres Strait business owners.
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Market day for kids

MORE than 1000 excited kids and their parents packed into the Tanks Arts Centre on Sunday for a Children's Market Day. more

A yacht will promote Cairns on the Gold Coast

Yacht promotes development

A SLEEK French yacht called 'Bluewater' is set to promote the Far Northern marina of the same name during the Sanctuary Cove Boat Show this week.
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<strong>Defensive:</strong> CEC chief executive Roy Lavis.

Partner sues CEC

JILTED development partner Consolidated Properties has launched Federal Court action seeking damages up to $1 million from cash-strapped CEC over their aborted joint venture property deal. more

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