Port Adelaide Plaza

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Port Adelaide Plaza
Port Adelaide Plaza - Main Entrance.jpg
Port Adelaide Plaza
Former namesPort Canal Shopping Centre
General information
TypeSub-regional shopping centre
Address200 Commercial Rd, Port Adelaide, SA 5015 Australia
Coordinates 34°50′51.9612″S138°30′25.2468″E / 34.847767000°S 138.507013000°E / -34.847767000; 138.507013000
Current tenantsAnchor tenants: Coles, Aldi and approximately 60 specialty stores
Owner Precision Group
Technical details
Floor area29,394 m2
Design and construction
Developer Precision Group
Website
www.portadelaideplaza.com.au

Port Adelaide Plaza, formerly known as Port Canal Shopping Centre, is a shopping centre located at 200 Commercial Road in Port Adelaide, South Australia.

Contents

History

The centre originated as a $9 million Super Kmart development in November 1986. Port Adelaide's Super Kmart was South Australia's first hypermarket. Opposite the hypermarket was an open-air mall with specialty retailers. [1]

In 1989, the Super Kmart concept was scrapped, with the building divided in half to become a separate Coles and Kmart. [2]

Port Canal Shopping Centre, prior to its redevelopment 1outisde.jpg
Port Canal Shopping Centre, prior to its redevelopment

In 1998 the Port Canal Shopping Centre was purchased by Precision Group for $36 million. [3] [4]

Redevelopment

In July 2014 the Port Adelaide Enfield Council approved a $10 million upgrade of the Port Canal Shopping Centre. [5] In 2017, the South Australian government approved a $45 million redevelopment of the Port Canal Shopping Centre consisting of a new mall built in connection with the existing Coles and Kmart. Among other changes, the centre has been rebranded as "Port Adelaide Plaza," and the existing Port Canal Shopping Centre has been demolished. [6]

Stage 1 of the new centre opened in April 2019 with a new Aldi, several new specialty stores and a new casual dining precinct. The early opening of Aldi and the earlier-than-expected take up of retail space saw Stage One 91% leased. [7] [8] [9]

In 2019, Precision Group entered into an agreement with Autonomous Energy to install an 824 kW solar system on the centre’s rooftop. This system spans 5,000 square metres and provides around 50% of the centre's total electricity requirement. [10]

On December 3, 2020, Port Adelaide Plaza completed the second stage of its now-$50 million redevelopment, with an additional dozen new dining and retail stores. [11] [12]

In October 2021, the final stage of the Port Adelaide Plaza's redevelopment opened, with 12 new retailers and 97% of the space leased. At the time, it had in total 60 retailers and 17 casual dining restaurants, with additional businesses scheduled to open in 2022. [13] [14]

In July 2023, Wesfarmers announced that the Kmart store located within Port Adelaide Plaza would be permanently closing in 2024. [15]

Following the announcement of the Kmart closure, in February 2024, Port Adelaide Plaza announced that Kmart would be replaced by Big W in late-2024, and that Coles would be replaced by Woolworths in 2025. [16]

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References

  1. ↑ Precision Group, Port Adelaide Plaza (6 July 2023) .https://www.precision.com.au/leasing/our-shopping-centres/port-adelaide-plaza
  2. ↑ "SuperKmart, Port Canal Shopping Centre, Port Adelaide". Flickr. Retrieved 4 October 2018.
  3. ↑ Carter, Bridget (25 September 2008). "Precision Timing Pays Off - A Young Shopping Centre Magnate Started Small and Ended in the Big Time". The Australian. p. 32.
  4. ↑ Corby, Stephen (29 July 2007). "Bonett's Rich Pickings". Sunday Telegraph. p. 3.
  5. ↑ "Developers seeking more State Government action before committing to Port Adelaide projects". news.com.au. 5 July 2014. Retrieved 31 August 2015.
  6. ↑ Lenaghan, Nick (13 June 2018). "How a shopping centre owner targets consumers in $133m revamp". The Australian Financial Review . Retrieved 23 January 2019.
  7. ↑ Changarathil, Valerina (20 September 2019). "Port Adelaide Plaza's $45m expansion seeing strong uptake, traffic". The Advertizer . Retrieved 9 February 2022.
  8. ↑ Evans, Richard (19 March 2019). "Port Adelaide Plaza shopping centre ahead of schedule". The Advertizer . Retrieved 9 February 2022.
  9. ↑ Changarathil, Valerina (9 September 2020). "Port Adelaide Plaza secures dozen more retail, food outlets by November". The Advertizer . Retrieved 9 February 2022.
  10. ↑ "Power boost for Port retail centre". The Advertiser . 1 October 2019. Retrieved 9 February 2022.
  11. ↑ "Port Adelaide Plaza unveils Stage 2 of its comprehensive $50m redevelopment". Shopping Centre News. 8 December 2020. Retrieved 9 February 2022.
  12. ↑ Changarathil, Valerina (9 September 2020). "Port Adelaide Plaza secures dozen more retail, food outlets by November". The Advertiser. Retrieved 11 September 2020.
  13. ↑ Tauriello, Giuseppe (27 October 2021). "Port Adelaide Plaza unveils $50m revamp". The Advertizer . Retrieved 9 February 2022.
  14. ↑ "Precision Group unveils final stage of Port Adelaide Plaza's $50m development". Shopping Centre News. November 2021. Retrieved 9 February 2022.
  15. ↑ Olle, Emily (5 July 2023). "Shock closure of Port Adelaide Kmart store". The Advertiser. Retrieved 6 July 2023.
  16. ↑ Tauriello, Giuseppe (28 February 2024). "Australia's biggest Woolies and new Big W store set for Port Adelaide Plaza". The Advertiser.
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