In-DepthWard Centre Tenants Face Immediate Relocation or Closure as Luxury Towers Advance
The iconic Ward Centre will be demolished by mid-2025 to make way for luxury residential towers, forcing all existing tenants to vacate the premises. Businesses must plan for relocation or cessation of operations within the next twelve months. - Small Business Operators: Immediate need to secure new locations or plan for closure, facing potential loss of established customer base and increased relocation costs. - Real Estate Owners: Opportunity to develop new commercial spaces or capitalize on increased demand for nearby retail locations; potential displacement of established businesses. - Tourism Operators: Anticipate shifts in local retail and dining options accessible to visitors, potentially impacting visitor experience and spending patterns. - Investors: Monitor the success of pre-sales for the luxury towers; assess opportunities in supporting commercial real estate and services catering to a higher-income demographic.





































