Lismore Arcade owner Peter Coronakes
Lismore Arcade owner Peter Coronakes

Style makeover for Lismore Arcade

By NERIDA BLOK nblok@northernstar.com.au

WHEN Peter Coronakes opens his newly-renovated Lismore Arcade today, he's hoping local landlords take note. The businessman said his ar- cade on Molesworth Street was 'different to all other arcades' and was likely to provide a bench- mark for others in the city to meet. "We've set a new standard not only for the arcades in the CBD, but for all the retailers," he said. "It's time landlords and shop- keepers lifted their act if they want to stay in the race. "They should put a bit of rent- al money back into their proper- ties and smarten them up." The Lismore Arcade includes six shops focussing on food, fash- ion and beauty, with the upstairs level leased by Bridges Personal Investment Services. Mr Coronakes, who bought the

arcade last December from Norm and Betty Contojohn, would not disclose the total cost of his reno- vations. "Price didn't come into it," he said. "We're more concerned with the development than price." But inspecting final prepara- tions last week, it's clearly a pro- ject he is proud of. "I think it will do very well," he said. "It will be the place to be seen in." Mr Coronakes currently owns The Cosmetic Shop on Woodlark Street. Other Lismore businesses he has owned include Mary Gilhool- ey's, The Canberra Hotel, Cappuc- cinos, Cracker Jacks, Pete's Eats and International Foods. n Does Lismore's CBD need to 'smarten up'? Phone the Star Feedback line on 6624 3266 or email opinions@north- ernstar.com.au



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