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$130 million Northpoint redevelopment opens

People & Companies / Latest News

Australia / Sydney

Mar 22 2018

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Northpoint has opened its doors following a $130 million redevelopment by Cromwell Property Group.

Anchored by Woolworths Metro and BWS, has reached practical completion, with new fitouts for Westpac, Terry White Chemmart and OPSM almost finished. 

The upper retail level is dedicated to dining, while the 187-room North Sydney Vibe Hotel will open on April 3.

An increase in demand, plus low vacancy rates across North Sydney means both Northpoint, plus the Greenwood project across the road, are expected to be accommodated. 

Commercial leases are also on the rise, with the Northpoint Commercial Tower nearing capacity.

Cromwell believes the Northpoint development will fill a void, bringing the weekend spend back to North Sydney. 

 

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