“We want to build a world-class diversified portfolio for the family with a focus on edge-of-centre assets, be they large-format retail centres, neighbourhood centres, offices, hotels, fast-food outlets or service stations,” Spotlight executive deputy chairman Zac Fried told The Australian Financial Review. 15 or More Off Giftable Delta Children Products 1794. Zac Fried, executive deputy chairman, Spotlight Office chair wheels replacement rubber chair casters for hardwood floors and carpet, set of 5, heavy duty office chair casters for chairs to replace office chair mats - Fits 98. So it’s really just about securing a lease on the office side. We’re relaxed about the retail and there are hotel operators keen to come in. Other sites include one in Maroochydore on the Sunshine Coast, where the first stage of a retail development is under way, as well as a big site on Chapel Street in Melbourne, in Frankston near the Mornington Peninsula and in Brisbane. The estimated end value is between $500 million and $520 million.Ĭastle Hill is one of six sites Spotlight has identified for larger mixed-use projects with an end value of about $1.5 billion as part of a major push into real estate by the retail group, which this year expects to turn over more than $2.5 billion in sales as it benefits from demand generated from the housing boom. Spotlight intends to invest $285 million in the two-year project, which is expected to kick off within 18 months subject to the group securing an anchor tenant for the office tower and locking in a hotel operator. All are close to the Hills Showground metro station and within the Norwest Services precinct. Included in the design is 7800 square metres of plazas, laneways and landscaped streetscapes as well as 5400 square metres of usable rooftop space, earmarked for sports facilities. Plans submitted to the Hills Shire Council are for a two-level, 18,000 square metre retail centre that will have two towers on top, one a 30,000 square metre office building and the other a 165-room hotel in a design by architects Bates Smart.Īn artist’s impression of the mixed-use precinct Spotlight plans to develop in Castle Hill. In May 2014, Microsoft launched the Office Mix preview, a novel add-in for PowerPoint that allowed users to add interactive elements to their presentations. The 2.2-hectare site at 21-23 Victoria Avenue within the Hills Showground Precinct is one of 19 sites the Fraid and Fried family-backed owner of the Spotlight, Anaconda and Harris Scarfe retail businesses acquired as part of the Masters transaction in 2016. Rich Lister-backed retail giant Spotlight Group has unveiled plans for a $500 million mixed-use retail, office and hotel project in Castle Hill in Sydney’s north-west as it looks to build a $3 billion property empire from its pipeline of 25 development sites.