CBD revamp to lure global retailers

New look: How a changed Forest Chase could look. Illustration: Supplied

More than $100 million is being spent on projects to lure global retailers into the Perth CBD, breathe new life into Cottesloe's beachfront and shake up Subiaco's shopping strip.

Plans have been lodged with the cities of Perth and Subiaco and the Town of Cottesloe for three projects that vary in scope but each aim to make their mark.

In Perth, Forrest Chase shopping complex is facing a redevelopment that would involve walkways linking the central shopping space to Northbridge and the cultural precinct and public transport redesigned in steel and glass. Shopfronts would also be brought forward to boost the overall retail space.

A development application lodged by owner ISPT put a $67 million cost on construction.

But ISPT development services general manager Chris McCluskey said the total investment would be more than $100 million.

Mr McCluskey said a key driver behind the redevelopment plan was to bring more "global flagship retailers" into the CBD.

He said it was also part of the overall revitalisation of the city.

"It's a revitalisation, a renewal, a refresh," he said. "It's about the creation of a really strong flagship retail space.

"We're going to create something really special."

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CBD revamp to lure global retailers