Leading agency appointed to help lease new city centre for Ipswich

Retailers can now secure their place in the largest redevelopment project in Ipswich with Colliers retail leasing agents Ishbel Jones, Chloe Lonergan and Jack Thynne exclusively appointed to lease the Nicholas Street Precinct on behalf of Ipswich City Council.

The Nicholas Street Precinct is the leading lifestyle, leisure, entertainment and cultural destination and the new city heart of a revitalised Ipswich.

It plays host the Ipswich Central Library, award-winning Ipswich Children’s Library, council administration building, the city’s civic square Tulmur Place, zero-depth water play area, performance stage, about 1,000 car park spaces as well as dining and retail businesses.

Colliers Queensland Senior Executive Retail Leasing Ishbel Jones said with approximately 20,000 square metres of significant mixed-use retail, commercial and hospitality spaces across two levels this was an opportunity to be part of an unrivalled city precinct in Queensland’s fastest growing region..

“The $300 million redevelopment is anchored by Hoyts cinema, with a range of flexible leasing opportunities available, this once in a generation, catalytic project will form the centrepiece of the CBD and breathe new life and vibrancy for business and visitors to the region,” Ms Jones said.

“With nationally recognised brands including Hoyts, Gelatissimo, Zambrero, Stellarossa, Sushi Hyo, Aushotels, Terry White Chemmart and That Dumpling Place already securing leases we have been appointed to attract additional businesses to the precinct through the tenanting of its vacant assets.”

The completed Venue development in Ipswich’s city centre will pay tribute to Ipswich’s long history of picture theatres through its brick and art deco design themes.

Colliers Queensland Executive Retail Leasing Chloe Lonergan said Colliers has identified key industry groups across food and beverage, entertainment, cafe, service retailers and heath and wellness operators as potential tenants to be part of the new part of the precinct to be opened to the public next year.

“There will be strong interest due to the projected economic growth of the region, the nature of the offering, outdoor space and proximity to public transport, benefitting from connectivity to major train and bus networks,” Ms Lonergan said.

“The precinct is on the doorstep to all major transport terminals and road networks, and is home to a dedicated undercover car park with up to three-hours free parking.”

Colliers Queensland Executive Retail Leasing Jack Thynne said the tenants in the first phase of the project were already taking advantage of the area’s growing visitation numbers.

“With a performance stage and giant LED screen in Tulmur Place and an active calendar of markets and events, the Nicholas Street Precinct is rapidly growing as the city’s leading entertainment and cultural destination,” Mr Thynne said.

Also read:

>> New era for Commonwealth Hotel

>> Lost theatres of Ipswich to be memorialised

>> Cinema refurbishment continues

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