Stockland Glendale

Stockland Glendale
Location Glendale, New South Wales, Australia
Coordinates 32°56′04″S 151°38′33″E / 32.9345°S 151.6424°E / -32.9345; 151.6424
Opening date March 1996
Developer Stockland
Owner Stockland
No. of stores and services ~70+ [1]
Total retail floor area 55,013 m2 (592,155 sq ft)[2]
No. of floors 1
Parking 2,338
Website stockland.com.au
Information from Stockland.[3]

Stockland Glendale is a major shopping centre located in Glendale, a suburb of the City of Lake Macquarie, New South Wales, Australia.[4]

It is located on Lake Road, Glendale, on a 19.6-hectare (48.4-acre) parcel of land, and primarily serves the Lake Macquarie region to the southwest of Newcastle.

History and development

Stockland released a concept plan for the Glendale Super Centre in 1994. It was being developed as a US-style power centre consisting of category killer traders, where tenants traded in an open-air environment and there was no internal malls. The tenants listed in the proposal included Target, Woolworths, Franklins Big Fresh, Homeart, World 4 Kids and Best & Less, and room had been provided for about 50 specialty stores, including free-standing fast food outlets.[5][6] The centre was valued at A$55.5 million on completion in March 1996.

In December 2005, Stockland completed an 8,749 square metres (94,173 sq ft) expansion to the centre, adding a Kmart and 19 specialty stores.[3]

Annual turnover at the centre for 2007 was A$261.2 million, with a book value of $220 million.[3]

In June 2015, there is currently a proposal to double the retail space in the centre, as part of a $60 million plan. It is predicted to create 278 retail jobs and 330 construction jobs.[7]

Transport

The centre is directly serviced by Newcastle Buses and Ferries bus routes 226,[8] 334, 339 and 363,[9] and by Hunter Valley Buses routes 262, 263, 267, 268, 270 and 271.[10]

Major Retailers

Stockland Glendale's southern end.

Major retailers within the centre include Coles (5,109m2), Event Cinemas (5,324m2), Kmart (6,425m2) and Target (8,522m2)[11]

References

  1. Glendale Shopping Center Stockland Australia, retrieved 12 January 2012
  2. Stockland Property Portfolio
  3. 1 2 3 Stockland (30 June 2007). Stockland Property Portfolio. p. 43. Retrieved 2007-12-10.
  4. "Suburb Search - Local Council Boundaries - Lake Macquarie City Council". New South Wales Division of Local Government. Retrieved 2008-07-07.
  5. "Bulky goods retailing turns to power". Australian Property News. 23 May 1996.
  6. Stockland (31 July 1995). "Stockland Trust Group - Announcement". Australian Securities Exchange.
  7. 278 retail jobs and 330 construction jobs
  8. Route 226 replaced the 101 route from November 30, 2008.
  9. Newcastle Buses & Ferries
  10. CDCBus Timetables and maps retrieved 12 January 2012
  11. Stockland Property Portfolio 2011, page 13 retrieved 16 January 2012
This article is issued from Wikipedia - version of the 10/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.