Development approval granted for The Well

Approval has been granted for the first stage of ISPT’s redevelopment of The Well in Camberwell, 10km east of the Melbourne CBD. The Centre is accessible from the Burke Road shopping strip, and includes a Coles supermarket, JB Hi-Fi and 23 specialty shops.

The first stage of the redevelopment is due for completion in December 2018 will create six new shops in a food precinct on the first floor and upgrade the façade and finishes throughout. Stage two will integrate an adjacent property and add four new retail spaces on the entry laneway from Burke Road. On completion of the redevelopment the Centre will be rebranded as Camberwell Place.

Sam Curry, ISPT’s General Manager, Retail Services said “This is a great opportunity for ISPT to improve the amenity The Well provides to the community in Camberwell. Supporting the existing convenience based offer, the redeveloped food precinct will bring a new and exciting dining experience to the area.”