Far North Queensland is set to host one of the state’s premier dining, entertainment and retail precincts, with Lendlease announcing a $60m Cairns Central redevelopment project.

The redevelopment will usher in a new age of retail for the region, with approximately 7500sqm of improved offerings, headlined by a complete refurbishment to the Myer outlet.

Christie-Lee Jackson, centre manager said interest in Far North Queensland was growing, making the Cairns Central redevelopment a much needed boost to the local economy.

“This is the first time Cairns Central has undergone a redevelopment since it originally opened more than 20 years ago,” Jackson said.

“We’re excited to be kicking off this project that will enable us to continue to deliver on our vision to give customers exceptional shopping experiences that reflect Cairns’ vibrant and diverse community.

In addition to the refurbished retail offering, the Cairns Central redevelopment will also strengthen the region’s dining scene.

A new fresh food market hall has been slated, with Woolworths securing the major retail tenancy.

“Cairns Central is always looking for opportunities to enhance the centre, to meet the needs of our customers and retailers in Cairns. This exciting redevelopment will further cement our position as the largest and leading shopping centre in Far North Queensland,” Jackson said.

The latest Cairns Central redevelopment announcement follows a string of new projects for the area, driven by popular demand. In July last year, Cairns DFO unveiled its inaugural retail, entertainment and lifestyle precinct.

The $10m DFOOD village was hailed as Far North Queensland’s response to Brisbane’s popular Eat Street Markets.

The growing number of new developments on the way for the region provides prospective retailers and franchisees will a rare opportunity to crack the highly coveted North Queensland market.

Construction for the Cairns Central redevelopment is expected to be completed in late 2020.