Glebe Hill Village is moving ahead with plans to start construction in 2021 on Hobart’s eastern shore.
Property development and investment group Tipalea Partners has announced its new $30 million retail centre Glebe Hill Village in Hobart is now 80 per cent leased.
Eight leases have been negotiated during COVID-19 including locking in an anchor supermarket tenant and a drive-through food chain.
Located at the intersection of the South Arm Highway and Pass Road in Howrah, Glebe Hill Village represents the first new neighbourhood shopping centre in metropolitan Hobart in over a decade. Acquired by Tipalea in 2016, the site is in close proximity to several new residential estates in Hobart’s eastern growth corridor in the municipality of Clarence.
The 5,900 square metre Glebe Hill Village shopping centre is set to deliver the supermarket plus 17 specialty shops in an air conditioned mall, providing the largest full-line supermarket in the primary trade area.
It is also set to become one of Hobart’s most connected retail centres with a suite of features including its own app, free wireless phone charging and wi-fi, real time air quality monitoring, smart bathrooms that monitor water usage, parcel lockers, recycling stations and electric vehicle chargers.
“The demand we have experienced from retailers for this new centre is testimony to how vital it is for the community,” said Scott Spanton, CEO of Tipalea Partners. “Despite all the gloom of this year, these forward-thinking retailers realise we are still 18 months away from opening and that we will eventually come out of this pandemic.”
“Glebe Hill Village is essential infrastructure for what is Hobart’s fastest growing catchment and will create around 200 jobs during construction and over 350 ongoing jobs once the centre opens.”
Other retailers secured so far include Australia Post, a chemist and medical centre, bottle shop, tobacconist and a nail salon.
“We expect to be able to announce even more leasing deals shortly,” Spanton added.
Construction is set to commence in early 2021 for a forecast centre opening in mid-2022. Glebe Hill Village will be the third Tasmanian project undertaken by Tipalea Partners.
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