
23 May 2005
Citimark has sold its Sydney Street Markets Shopping Centre
to Macquarie CountryWide Trust (an entity of the Macquarie
Bank Group). Construction commences this week following a
'ground-breaking' ceremony with the Mackay Mayor, Julie Boyd.
A $26-million art deco-inspired shopping centre located on
the former Mater Hospital site, Sydney Street Markets is the
first project in the Mackay City Council's CBD revitalisation
program. The project includes a 3,200m2 new format
Coles supermarket, 21 speciality stores and 132 carparks.
The leasing campaign commenced in March this year and 75%
of specialty stores are already leased. TF Woolam have been
appointed as the builders.
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