Written by
30/10/2023
The $500 million vision for Port Macquarie’s latest dynamic and modern business, health and retail precinct has been unveiled.
Developer Lewis Land Group launched the latest revision to the Sovereign Place Town Centre master plan – showcasing a vibrant environment with state-of-the-art infrastructure, A-grade amenities, community-driven green spaces, ample parking and customised business spaces.
The master plan builds on the open-air Stage One retail precinct, which opened in 2019 and features a supermarket, chemist, cafes and 21 x speciality retailers, all set amongst lush greenery, inviting the outdoors in.
Once complete, Sovereign Place will offer over 60,000 square metres of business centre space in the Mid North Coast.
Future stages are in planning and will include a health and well-being precinct, entertainment and leisure precinct, commercial offices, more mixed-use retail and large format retail.
Artist impression of the precinct’s business and technology park
Located midway between Sydney and Brisbane, and Port Macquarie and the Wauchope hinterland region, and with easy access to the Pacific Highway, Sovereign Place draws visitation from a significant geographic area and is perfectly positioned for future growth.
Sovereign Place is part of the $1 billion + Sovereign Hills master planned community. With space for up to 2000 homes, Sovereign Hills is already a hive of activity with about 1000 homes currently built or under construction.
Combined with the emergence of neighbouring residential estates, significant population growth is projected for the suburb of Thrumster with up to 8000 people expected to call Port Macquarie’s fastest growing community home within the next 8 years.
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Propertied Insider is a planning and development digital publication dedicated to the NSW Market.
