Box Hill Centre
The private company that bought Stanhope Village shopping centre off market for $158m from Mirvac last year has submitted plans to Hills Shire Council to build a new shopping centre at Box Hill.
Charbel Hazzouri, co-founder of Parramattabased property company Revelop, made the announcement on his LinkedIn profile earlier this month.
The $55 million development will be built on land at 17 Nelson Rd, Box Hill.and will be anchored by a Woolworths Supermarket and Dan Murphy’s.
The Box Hill Village Centre will have over 40 specialty retailers and restaurants, including a second supermarket and over 3000m2 of medical and allied health services.
The shopping village will feature parking for more than 500 cars and will also include a gym plus a landscaped plaza at the corner of Nelson Road and The Water Lane. Its $55m value will mean that the final decision will be with the State Government’s Sydney Central City Planning Panel.
Mr Hazzouril said: “With a primary trade area of up to 17,749 residents, the centre will be a vital destination serving the needs of the growing Box Hill population. Furthermore, the development will include a 140+ place childcare centre on-site, demonstrating a commitment to supporting families within the community.
Within the vicinity of the centre will be the future NSW Community & Leisure Centre which will further enhance the area’s appeal, providing additional opportunities for recreational activities.
“Revelop is excited about the positive impact this Village Centre will have on the Box Hill and neighbouring communities. It will not only provide essential services and shopping options but also serve as a vibrant hub for social connections and community engagement.”
Charbel and his cousin Anthony El-Hazouri founded Revelop just over 15 years ago.
Redevelop has been involved in 160 developments since founded in 2008 and owns 22 shopping centres with a further nine in the pipeline. It bought the Dural Town Centre site at 488 Old Northern Rd, Dural in September last year for a reported $22 million.
At the time Charbel posted on his LinkedIn account:: “The Town centre development, located at 488-494 Old Northern Road, Dural, has an existing Staged approval for road infrastructure works and retail development.
Revelop will capitalise from a decade-long campaign of the current owners by further developing plans to create a truly stateof- the-art neighbourhood shopping centre providing Dural residents a one-stop-shop destination.
The remainder of the 2-hectare land will form a desirable integrated housing development providing much needed additional housing options for Dural and the surrounding precincts.”
Revelop also owns the Dural Village site at 636 Old Northern Rd, Dural which is approved for mixed use and shopping centre development.
