McConaghy Properties has 55 years of development and construction capability.
These construction management, development management and project management skills and experience are embedded in McConaghy Properties.
Development Capability:
- Market driven design solutions
- Value add placemaking
- Customer experience focused design
- ESG-embedded design principle
- End-to-end master planning, development and construction process
- Using McConaghy Properties Builders License
- Ensuring project costs and timeline are delivered
26
shopping centre
developments delivered
$500M
value spent in
development projects
250000sqm
retail space developed
& managed
Case Study
‘2022 Development’
Castletown,
Townsville
$42M
cost of project
+18.6%
specialty sales growth
+30%
customer traffic growth
12 months post-reopening
in 2022
Castletown, Townsville was purchased in 1989. Since acquiring the centre McConaghy Properties have completed 8 different development stages. The final stage was completed in 2022 and saw the addition of a brand-new Coles with the centre now showcasing a total of 150 specialty retailers.
The approach we take is simple but disciplined; have a comprehensive understanding of the trade area, a strong view on the economic outlook for the region, a deep understanding of customers’ needs and ensure that invested capital is accretive to property returns.
The Castletown Stage 8 development has delivered the pre-eminent shopping destination within the Townsville market. The centre delivers an exceptional customer experience and showcases the immense depth of experience and capability that exists within our McConaghy Properties business.
