Council’s aspiration to establish the Knox Central Activity Centre as the premier address in Melbourne’s south-east has been bolstered, after it approved Westfield Knox’s $450 million expansion last night.
The major shopping centre is set to undergo a major re-development, with the revamp expected to commence by 2016 and opening in stages from 2017.
A secondary, contemporary makeover to the Knox Ozone precinct is also anticipated next year.
The revamp will feature an increase in stores, car parking and food and drink retailers, revitalising Knox’s busiest precinct and generating more than 8,000 jobs.
Council approved the development at its Ordinary Meeting on Tuesday 28 October 2014.
Knox Mayor Darren Pearce said Council’s decision to approve the development cemented the Wantirna South hub as a major drawcard for Knox and beyond.
“Westfield Knox plays a vital role in Knox, being a significant feature of the area and contributing economically, socially and culturally,” Mayor Pearce said.
“Council is pleased to approve the development of Westfield Knox, which will secure the Knox central area as the heart of the municipality.
“The expansion of this shopping centre will invest in the future of the Knox community through the generation of employment opportunities, economic stimulus and entertainment and social activities.”
The development will boost the complex’s total gross leasable area to cover 188,500 square meters and providing an additional 2,625 car parking spaces.
The proposed retail expansion will create 2,000 retail related jobs, 1,600 indirect jobs through multiplier effects, 1,800 construction jobs and 2,800 indirect jobs through multiplier effects in the construction industry.
The development will also involve the removal of the existing bus interchange, which will be replaced with a new bus interchange within Knox Ozone. A new taxi rank will also be located at the site.