Perth gets new lease on city life

Aug 19th, 2015

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Article by:
Marissa Lague


Perth's expanding restaurant market and the arrival of new retailers have imbued the CBD with the first signs of diversity and character.

A two-year leasing flurry has activated once quiet areas of the city, and with two major developments due to finish soon - Kings Square, the first section of the Perth City Link to connect the CBD and Northbridge, and the Treasury Precinct with its hotel, library, office and public square - the city is moving into a new era.

Lease Equity managing director Jim Tsagalis said distinct pockets of activity were evolving in the city. "With new restaurants and retailers trading well and major infrastructure dropping into place, Perth is starting to carve out an identity of its own," he said.

"At the high end there's Brookfield Place, and for the younger scene there's 140, which has breathed new life into Perth's casual dining offer and is attracting strong visitor numbers from CBD workers and weekend shoppers."

Mr Tsagalis said the eastern side of the city was also on track to get a kickstart.

"As well as the completion of the Treasury Precinct, the construction of the five-star Westin Perth on Hay Street will reinvigorate the quieter part of the city," he said.

Future pockets for activation include Pier Street, Allendale Square and Sherwood Court.

Source: The West Australian, 19th August 2015

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