Smithfield, in Sydney's South West, will be the home to a new large format retail centre called Lifestyle Connection Woodpark.
The new retail centre will have a total floor space of 49,910sqm.
The site, located on the corner of Woodpark Road and the Cumberland Highway will offer a range of tenancies from 70sqm to over 6,000sqm of large format space.
Construction is expected to commence later this year, with the new development set to provide 500 new jobs after completion and 150 during construction.
Colliers International director of large format retail Cameron Henshaw said the consumer demand in the area provides a unique opportunity for new and existing large format retail operators to expand into Sydney’s growing South West Corridor.
The site is being developed by local developer Snowside Properties.