What: Sydney's Rosebery Engine Yards, developed by Goodman Group, has launched as a mixed-use retail precinct combining commercial offices, fashion boutiques, and food outlets.

Why it is important: The development represents a strategic shift in retail real estate, driven by post-Covid flexible working trends, offering a unique space where brands can integrate head office functions with customer-facing operations, potentially setting a new standard for mixed-use precincts.

Goodman Group has launched Rosebery Engine Yards, a mixed-use retail precinct in Sydney that marks the company's first major venture into retail real estate. Initially intended solely as a commercial office space, the project evolved to meet market demands for integrated work and retail environments. The precinct features a blend of commercial and retail spaces, attracting premium brands such as Viktoria & Woods, Rebecca Vallance, and Oroton, along with food outlets like Gelato Messina. The development includes amenities like change rooms, bike racks, and a private gym to appeal to both office workers and retail employees. Goodman Group's commercial GM, David Wilson, highlighted the project's uniqueness and commitment to maintaining an elevated brand mix. The precinct's hybrid model aims to create a vibrant community hub, enhancing Sydney's retail landscape.

New Sydney retail precinct blends offices, fashion, and food