THE $15 million expansion of the Marketplace will create more than 130 jobs once completed, according to the project's development application.
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A "circular" mall will be the result when 16 additional stores are added into the floorplan, which will extend across the car park located behind the Marketplace's Australia Post outlet.
To compensate for the use of parking space, the underground car park will be renovated and this will create a net increase of 59 parking spots for the complex.
Timber panels will be incorporated into the expansion along Forsyth Street to “to produce an architectural language that is new, clean (and) fresh”.
Invermay Lane will also be reconfigured to become a two-way traffic road under the current plans.
The company which owns the Marketplace is Industry Superannuation Property Trust (ISPT).
ISPT’s retail portfolio manager Cameron Gregson admitted there would be an impact on a “number of tenants” in the shopping complex as a result of the development but said consultations had already taken place with these parties.
“It’s a step up in size,” he said.
“The new shops will be new and different for Wagga and we are looking at some food places.
“We’re really excited about it and it will reinstate the CBD as the city’s major retail point.”
The development application submission period closes on August 9.
