Distillery Road Market – Australia’s Next Food Experience Destination Commences Leasing
Distillery Road Market, a compelling destination designed to celebrate Australia’s love of fresh produce, dining and entertainment, is now calling for expressions of interest for a range of retailing opportunities.
Situated halfway between the Gold Coast and Brisbane in Beenleigh, Queensland and set to open in late 2020/ early 2021, Distillery Road Market (DRM) was formally announced as the name of Australia’s next great food market.
Rising from the ashes of a reclaimed commercial warehouse, the 17,000 sqm site is now being reimagined as a space for families, a source of regional growth and a magnet for tourists and the global food generation.
Opportunities for kindred retailers, food vendors and marketeers are now being tendered through Colliers International with over 4,500 sqm of lettable area on offer.
There will be a diverse range of flexible spaces available for forward thinking operators to establish or grow their business. Flexible lease lengths, a range of fitout inclusions and a compelling events and marketing strategy will ensure DRM entices the best operators in the market.
Kenton Campbell, CEO of Tonken Property Group – the project developer of Distillery Road Market – said the retail mix would reflect a growing trend toward more enriching retail, dining and social experiences.
“DRM actually brings together all the things I enjoy most in life – a wide variety of great food and beverage options, curated shopping experiences and a knock-out environment to sit back, relax and take it all in,” said Mr Campbell, who is also the founder of Australian specialty coffee success story, Zarraffa’s Coffee.
“I’m also both a retailer and a consumer, and I wanted to create a hub for everyone – both locals and tourists, families and couples, the young and old – somewhere that fuels all five senses.”
DRM will be established and run like a world leading market; rather than a traditional shopping mall. Trading across four days per week, from Thursday through to Sunday, DRM will transcend what is on offer in traditional retail precincts and transform people’s expectations of what is possible from a lifestyle destination.
“DRM will be unlike anything the south-east of Queensland has seen and will emulate iconic market experiences such as Chelsea Market in New York, Borough Market in London and The Grounds of Alexandria in Sydney and the South Melbourne Markets.”
DRM will house a curated offering of fresh food markets, grab-and-go eateries, restaurants, an iconic brewery, a thriving exhibition hall, a flower wonderland, Smokehouse, outdoor gardens, stage and children’s playground, enveloped by a vibrant market environment and activations.
“Our goal is that Distillery Road Market will be a statement to the world about food’s ability to support life and instil wonderment.”
DRM is expected to open late in 2020 with leasing opportunities now available, with the anchor tenant – the national headquarters of Zarraffa’s Coffee, including its roastery and warehouse and its bespoke Kiwanda Café – already situated within the precinct, occupying almost 7,000 sqm combined.
“The accessible location just off the M1 Motorway will attract a wide range of customers from diverse geographical and demographic backgrounds, exceeding a traditional trade area,” he said.
“It’s essential that we have the perfect balance of retailers, vendors and operators to deliver the DRM experience.”
Luke McGrath, Colliers International Associate Director, sees a real opportunity to change the retail landscape in South East Queensland.
“Colliers are fortunate to work across many significant national retail projects. DRM is going to demonstrate to the retail community that by understanding the fundamentals of the modern retail environment, we can not only create a truly compelling destination for tourists and locals, we can provide a business environment that supports long term financial stability for operators,” said Mr McGrath.
Mr Campbell believes food remains the social glue that brings people and families together and that DRM will offer a truly exceptional fresh food and dining offer that will excite and attract people from near and far.
“We are searching for the region’s finest operators to join us and make Distillery Road Market a reality.”
Expressions of interest can be made via the http://www.drm.market website or by contacting Luke McGrath – Colliers International – 0418 295 091 | Luke.Mcgrath@colliers.com