Supermarket giant Coles will open a new supermarket in a planned gourmet market hall at Yamanto Central in Queensland.
The 3,920sqm grocery is expected to benefit from the foodie “street stall” experience planned for Market Central and the rising population rate in the area.
Yamanto is located 35km from inner-city Brisbane and has an estimated 44,360 people living within the primary trade area. That figure is projected to grow to around 63,000 people over the next 10 years, reflecting an annual growth rate of 3.6 per cent – approximately 50 per cent higher than the national average.
Fruit, vegetable, gourmet deli, liquor and newsagency outlets have also committed to join the open-plan market place that aims to bring a “community spin” to the shopping experience.
DMA Partners is focused on creating a diverse mix of businesses that will strengthen the food and select retail offering in the area.
DMA Managing Director Ryan Andersen said that the market-feel will provide an exciting and ever-changing visual for shoppers.
“Market Central allows fresh produce and specialty retailers to strategically position themselves within a unique setting in one of Australia’s fastest growing areas,” Anderson said.
JM Kelly Retail General Manager Vicki Leavy said that Market Central was inspired by “the lively market offerings in Australia’s capital cities”.
“We wanted to put a community spin on a concept usually reserved for large urban centres,” Leavy added.