• Mimco: Opening in Westfield.
    Mimco: Opening in Westfield.
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SYDNEY: Stage one of Westfield’s new $1.2 billion Sydney city development opens today, with a raft of Australian and international brands involved.

Westfield Group managing director Steven Lowy said the centre will be valued at $3 billion when complete. It is located on Pitt Street Mall and bordered by Castlereagh and Market Streets, near David Jones and Myer. When fully complete in 2012, it will be home to 250 retail and food stores across seven levels.

Ksubi, sass and bide, Little Joe, Zimmermann, Thurley, Sambag and Carla Zampatti are among the Australian labels to be unveiled in stage one of the project.

An Urban Precinct for street and sportswear retailers will be on level one, including Adidas, Nike, General Pants and Surf Dive ‘N’ Ski.

On level two, Australian and international brands include Gap, DKNY Jeans, Cue, Guess, Sportsgirl, Bardot, Noni B, Chelsea, Review and Esprit’s new mega store.

Gucci, Diane von Furstenberg, Hugo Boss, Mulberry and Wolford are among the international labels involved on level three.

The level four Designer Gallery will see Coast London, Hussy, Leona Edmiston, Maggie T and Mimco among other labels.

The retail giant reported that the opening is six months ahead of its original schedule.

A further 120 stores are scheduled to be revealed between November 2010 and late 2011. These will include the first Australian store for Spanish label Zara.

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