A massive $490 million re-development of The Glen Shopping Centre in Glen Waverley is set to create more than 2,350 new jobs and further cement Melbourne’s reputation as the nation’s retail capital.

Minister for Industry and Employment Wade Noonan today officially launched the New Glen re-development.

The first stage of the project – commencing later this year – will refurbish the existing shopping centre, introduce international brands such as Aldi, and relocate Woolworths to anchor the new fresh food market with Coles.

The redevelopment will create 1,150 jobs during construction and 1,200 on-going retail and hospitality roles.

It will also showcase a new contemporary food gallery with elevated views of the Dandenong Ranges and a casual dining hub over two levels.

The Glen Shopping Centre is co-owned by Vicinity Centres and the Perron Group. It will feature 240 retail outlets and 3,650 parking spaces on completion in early 2020.

The retail sector is one of Victoria’s biggest employers, providing jobs for 324,800 people. The sector generated more than $75 billion in turnover in 2016 – contributing about 4.5 per cent to our GSP.

The Andrews Labor Government will continue to support the retail industry into the future.

In the past 12 months, Chadstone has unveiled its $660 million major expansion and retail giants David Jones and Alibaba have set up regional headquarters in Melbourne.

Quotes attributable to Minister for Industry and Employment Wade Noonan

“This is yet another sign of confidence in the Victorian economy.”

“The New Glen redevelopment will create thousands of jobs and boost retail trade in a growing part of our city.”

“Retail is one of the great pillars of the Victorian economy – and we’ll continue supporting its future growth to ensure we stay the shopping capital of the nation.”