North Ryde. $350m shopping centre expansion

AMP, which has a $2.4bn development pipeline, plans to start work early next year on the $350 million expansion of Macquarie Centre to increase its total area to 130,000 square metres. The project, jointly owned with Westfield Group, is one of the $10 billion worth of development to be undertaken as retailers expand to tap into Australia's population growth, according to The Australian.