The circa $170 million MLC Centre development project will deliver approximately 6,000 square metres of new and improved retail space across four levels and is supported by the existing office tower. The new investment follows the recent tower façade revitalisation project that ensured the building remains a landmark for decades to come.

The new retail offering will include:

  • New luxury and premium retail to Castlereagh and King Streets
  • A new plaza food and beverage precinct fronting onto Martin Place and a mix of retail and service providers within the building core
  • A new commercial tower entrance will be established from Castlereagh Street, improving connectivity for workers and visitors

The redevelopment also includes plans to revive the Theatre Royal with Dexus entering into a 55-year lease with the NSW Government, paving the way for a private theatre operator to run the theatre.