Sod turn complete for $80 million project
CONSTRUCTION is now underway for Aura’s large-format retail precinct, Aura Home + Life, with major brands Spotlight, Anaconda, and Harris Scarfe confirmed as anchor tenants.
The $80 million project was officially launched last Wednesday, May 7.
The new development, led by Capital Property Group, spans 20,000sqm and is set to deliver a significant economic boost to the Sunshine Coast. Upon completion, Aura Home + Life will include more than 12 retail tenancies ranging from 350sqm to 5,000sqm, and up to two food and beverage outlets allowing for a diverse mix of home and lifestyle tenants.
The development is expected to create up to 100 jobs during construction and over 250 permanent and casual positions upon completion.
Capital Property Group’s Head of Property, Richard Snow, said the commencement of construction marked a key milestone for the growing Aura community.
“The Aura Home + Life project is set to offer quality retail options for the Aura community and surrounds, including Caloundra and hinterland towns west of the Bruce Highway,” Mr Snow said. “With the Sunshine Coast population anticipated population growth exceeding half a million by 2046, we look forward to supporting the evolving needs of existing and future residents for decades to come.”
Caloundra MP, Kendall Moreton, welcomed the development, highlighting its importance for local job creation and retail growth.
“I’m so happy to see this much-needed and exciting project begin,” she said.
Completion and trading are targeted for mid-2026, which will have 400 car parks and access to major roads.
