As is it today, Parramatta CBD is already in an enviable position as a major retail destination.
Parramatta CBD has an estimated 200,000 m2 retail floorspace1 , including Westfield Parramatta, which is the joint-largest shopping centre in New South Wales2 . Recent entrants to the market are transforming the retail offer in Parramatta CBD and there are several major retailers looking for space. Parramatta’s central location makes it accessible to the 1.6 million residents already living in Western Sydney.
Following are the top 10 reasons retailers should be in Parramatta.
1. Parramatta is already a major retail destination
The second largest CBD in Sydney and the sixth largest in Australia, it contains an estimated 200,000 m2 retail floorspace.
2. Major population and employment growth will drive spending
Parramatta CBD is projected to add up to 14,500 new residents and 22,000 new jobs by 2026. Western Sydney is projected to add 433,000 new residents in total over the same period.