An $88m shopping hub with 42 new stores, a full-line Coles and 377 car spaces is set to reshape Werribee’s Riverwalk as infrastructure catches up with housing growth.
An $88m shopping hub is set to bring 42 new stores and a new Coles to Werribee, easing the Watton St parking battle.
Riverwalk Village will span 26,000sq m across two sites, developed by Oreana, at the corner of Newmarket Rd and Princes Hwy, anchored by a full-line Coles supermarket and Liquorland.
The development will include 377 car spaces, aimed at relieving pressure on the busy strip where drivers often circle for up to 15 minutes during peak times.
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Named tenants confirmed to date include Anytime Fitness, Direct Chemist Outlet and Oceana Health, alongside with other food and beverage operators, forming a combined dining, health and day-to-day services precinct for the Riverwalk community.
The project lands in one of Melbourne’s fastest-growing western corridors, where thousands of new homes have been delivered in recent years while retail infrastructure has lagged behind population growth.
Colliers Melbourne project leasing manager Chris McLaren said strong enquiry from operators reflected the scale of the existing catchment surrounding the site and the establishment of a new hub.
Watton St in Werribee, where drivers can circle for up to 15 minutes during peak times as parking pressure builds. Picture: Apple Maps
Riverwalk Village concept showing the 26,000sq m precinct planned.
“Parking in Watton St can be extremely challenging, so delivering a site where people can easily access everyday services without circling for 15 minutes is a major point of difference,” Mr McLaren said.
“It’s more than a shopping destination, Riverwalk Village is a vibrant hub where community and convenience come together.”
He said while Riverwalk was technically a greenfield development, it effectively functioned as infill given the established and expanding population around it.
Oreana managing director Tony Sass said the $88m investment was designed to service a maturing suburb.
Artist impression of the Coles-anchored Riverwalk Village development, set to include 42 specialty stores and dining options.
Concept image of Riverwalk Village, which will feature 377 car spaces aimed at easing Watton St parking pressure.
“This investment reflects our confidence in the continued growth of Werribee and the surrounding catchment,” Mr Sass said.
Early works are already underway, with the centre to be delivered in two stages.
The first retailers are expected to open in the first half of 2027.
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