Pitt Street Mall

Pitt Street Mall is the pedestrianised section of Pitt Street in the Sydney central business district, in the Australian state of New South Wales.

Extending for approximately 200 metres in length between Market Street and King Street, spans a single city block and is one of Australia's most densely populated and cosmopolitan shopping precincts. Due in part to the fact that major shopping districts in other Australian cities are significantly longer, floorspace rents here are consistently the highest in the country. This prominence was further highlighted in 2015, when the precinct's rental costs were ranked as the fifth-highest in the world for a city street.

Despite its relatively compact physical footprint, Pitt Street Mall serves as a premier retail hub, hosting a high concentration of flagship chain stores alongside more than 400 diverse specialty retailers. Furthermore,the mall maintains a central role in the national cultural calendar as one of the primary flagship venues for Sydney Fashion Week, an event held annually during the month of May.

This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.