New Kmart and retail development for Ashburton hoped to shrink "retail leakage" to Christchurch
Hey Ashburton neighbours,
Australian retail giant Kmart is to open a store in Ashburton, anchoring a new retail and food and beverage complex.
Known as River Crossing, the development will feature a large Kmart store along with up to 12 food and beverage tenancies in the mid-Canterbury town.
The developer is banking that the retail development anchored by Kmart will help to stop “retail leakage” from Ashburton, about 80 kilometres south of Christchurch, whose residents often shop in Christchurch and Timaru.
Construction is due to start next year, with completion targeted for late 2022. The retail development will be built on a site next to the Countdown Ashburton South store near the eastern bank of the Ashburton River.
Do you think a Kmart in Ashburton will be successful?
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