Stockland Rockhampton

Last updated

Stockland Rockhampton
StocklandRockhampton22.jpg
Stockland Rockhampton, 2022
Stockland Rockhampton
Location Rockhampton, Queensland, Australia
Coordinates 23°21′20″S150°31′20″E / 23.3556°S 150.5221°E / -23.3556; 150.5221
Owner Stockland
No. of stores and services190 [1]
No. of anchor tenants 7
Total retail floor area 59,500 m2 (640,453 sq ft)
No. of floors1
Parking3,100 Bays
Website stockland.com.au
Information from Stockland. [2]

Stockland Rockhampton is a shopping centre, located on the Bruce Highway in Park Avenue and Berserker in Rockhampton, Queensland, Australia.

Contents

History and development

The centre was originally known as Rockhampton Shopping Fair, and was built in two stages, the first opening in 1985 with Mcdonnells& East and a supermarket and the second in 1988 added venture franklins Woolworths It was acquired by Schroders Property Fund along with two other Queensland shopping centres in January 1992, [3] and in March 1996, following a redevelopment focused on the theme "Where The Outback Meets The Reef", the centre won a Certificate of Merit in the International Council of Shopping Centers' 1996 Design Awards Competition. [4] At the time of AMP Asset Management's acquisition of the centre in August 1999, it had a floor area of 36,137 square metres (388,975 sq ft) and was valued at A$99 million. [5] [6]

An internal refurbishment costing A$3 million was completed in late 2001 by Byvan, which included a new centre court design, new seating, a new Customer Services desk and new floors through the complex. The food court was revamped in 2002. [7]

In 2003, property development company Stockland acquired the centre, after selling the City Centre Plaza complex in the Rockhampton CBD to the JF Meridian Trust [8] (later onto Mirvac in 2008 and now 360 Capital in 2015 [9] ). In 2004, following the centre's rebranding as "Stockland Rockhampton", it won the Property Council of Australia's Queensland Shopping Centre of the Year award in the 30,000-50,000 sqm category, with centre management, financial performance, marketing campaigns, operational factors, leasing and community involvement all being cited as reasons considered by the judges. [10] It had been a runner-up for the same award in 1999. [11]

Redevelopment

Stockland Rockhampton as seen from the intersection of Yaamba Road and Moores Creek Road, 2022 StocklandRockhampton4.jpg
Stockland Rockhampton as seen from the intersection of Yaamba Road and Moores Creek Road, 2022

Development approval was granted in October 2006 to incorporate the neighbouring Kmart Plaza into the main centre, and construction has commenced. [2] The redevelopment cost A$100 million and added approximately 75 specialty stores. The integration of the two centres was completed in 2009, opening on 13 August 2009 with full completion of the redevelopment achieved in 2010.

Annual turnover at the centre for June 2008 was A$255.2 million, with a book value of $193.0 million. [12] Stage two of the redevelopment was completed on 10 June 2010 with another 13 stores added to the centre.

In 2015 A $6.6 million stocklands project named the terrace created 80 new jobs in construction and retail. With an extra 1300 sq m of retail that involved a minor reconfiguration of the current centre and created a new dining terrace. Construction starts 6 July 2015, finishing Early 2016.

In 2017 H&M said that they will be opening in the centre towards the end of the year. There has also been a $45 million expansion application lodged with the local Council which will intercorporate the centre with the on site cinema to create a new entertainment precinct. The expansion will allow a further 11 food outlets and 3 new mini majors.

Related Research Articles

<span class="mw-page-title-main">Stockland Glendale</span> Shopping mall in New South Wales, Australia

Stockland Glendale is a large shopping centre located in the suburb of Glendale in the City of Lake Macquarie, Australia.

Sunshine Plaza is a large regional shopping centre located in Maroochydore, Queensland, Australia and is the largest shopping centre on the Sunshine Coast. Anchor tenants included in the centre are Coles, Woolworths, Myer, Kmart, Target, Big W, H&M, David Jones, and a 12-screen Birch Carroll & Coyle cinema. The centre is currently managed by Lendlease.

<span class="mw-page-title-main">Westfield Booragoon</span> Major regional shopping centre in the city of Perth, Western Australia

Westfield Booragoon is a major regional shopping centre in the city of Perth, Western Australia. Westfield Booragoon is located at the corner of Marmion Street and Riseley Street in the southern suburb of Booragoon. 50% of the shopping complex is owned by Dexus with the remaining 50% owned by Scentre Group which owns and operates its properties under the Westfield name from which the company is derived.

<span class="mw-page-title-main">Westfield Warringah Mall</span> Shopping mall in New South Wales, Australia

Westfield Warringah Mall is a large indoor/outdoor shopping centre in the suburb of Brookvale in the Northern Beaches region of Sydney.

TownsvilleShopping Centre is centrally located in Aitkenvale within the urban area of Townsville, Queensland, Australia. The shopping centre is Townsville's largest shopping centre. In 1987 Stockland Townsville opened after a major upgrade to what was previously known as Nathan Plaza. In October 2012 Townsville Shopping Centre opened a new 2 level Myer department store, a new Woolworths and mini major, Rebel, plus other specialty stores including a 750-seat foodcourt. The centre is also home to Townsville's first Big W store. Townsville Kmart Centre was acquired in March 2012 and includes Kmart, Coles and 25 specialty stores.

<span class="mw-page-title-main">Westfield Sydney</span> Shopping centre in Sydney, Australia

Westfield Sydney is a large, upmarket shopping centre in the Sydney central business district. It is located underneath the Sydney Tower and is located on Pitt Street Mall, adjacent to the MidCity, Glasshouse and near The Strand Arcade.

Stockland Shellharbour is a large indoor/outdoor shopping centre in the Shellharbour City Centre of the Illawarra region.

<span class="mw-page-title-main">Dapto Mall</span> Shopping mall in New South Wales, Australia

Dapto Mall is a shopping centre in the suburb of Dapto, a suburb of Wollongong in the Illawarra region.

<span class="mw-page-title-main">Karrinyup Shopping Centre</span> Shopping centre in Perth, Western Australia

Karrinyup Shopping Centre is a shopping centre built in 1973 in Karrinyup, a suburb of Perth. After an $800 million redevelopment, the centre is one of the largest shopping centres in Western Australia.

<span class="mw-page-title-main">Greensborough Plaza</span> Shopping mall in Victoria, Australia

Greensborough Plaza is a major regional shopping centre located in the north-eastern suburb of Greensborough in Melbourne, Victoria, Australia, approximately 20 kms from the CBD.

Castle Towers Shopping Centre is a shopping centre in Castle Hill, New South Wales, Australia. The shopping complex is owned by the Queensland Investment Corporation.

Stockland Green Hills, formerly Green Hills Shopping Centre, is a large indoor/outdoor shopping centre located in East Maitland, New South Wales, Australia.

<span class="mw-page-title-main">Exchange Plaza</span> Skyscraper in Perth, Western Australia

Exchange Plaza is a 40-storey skyscraper in Perth, Western Australia. Completed in 1991, the 146-metre (479 ft) building is the state headquarters of the Australian Securities Exchange. Currently it is the sixth tallest skyscraper in Perth after QV.1, the BankWest Tower, City Square and Central Park.

<span class="mw-page-title-main">Traralgon Centre Plaza</span> Shopping mall in Victoria, Australia

Traralgon Centre Plaza, formerly Stockland Traralgon, is a shopping centre in Traralgon, Victoria, Australia.

<span class="mw-page-title-main">AMP Capital</span> Large global investment manager headquartered in Sydney, Australia

AMP Capital is a large global investment manager headquartered in Sydney, Australia. Its owner, AMP Group, was established in 1849, and is one of Australia's largest retail and corporate pension providers. AMP Capital has a strategic alliance with Mitsubishi UFJ Trust and Banking Corporation.

Dexus is an Australian real estate investment trust. Founded in 1984, it is listed on the Australian Securities Exchange.

<span class="mw-page-title-main">Glasshouse (Sydney)</span> Shopping mall in New South Wales, Australia

Glasshouse is an office and retail building in the Sydney central business district. It is located on the corner of King Street and Pitt Street Mall, adjacent to Westfield Sydney and is opposite MidCity, The Strand Arcade and Sydney Arcade.

<span class="mw-page-title-main">Stockland Wetherill Park</span> Shopping mall in Wetherill Park and Prairiewood, Sydney, Australia

Stockland Wetherill Park is a shopping mall in Wetherill Park, Sydney, Australia. Being an indoor and outdoor shopping centre, it is 47th-largest by area in the country. Costing $142 million to build, the centre was established in 1983 and has been through four phases of redevelopment, with the major one completed in September 2016, where it had undergone a $228 million renovation with some 5,600 m2 (60,000 sq ft) of retail space.

References

  1. http://jun09.stockland.onlinepropertyportfolio.com.au/commercial_portfolio/retail/page_38.php%5B%5D
  2. 1 2 Stockland (30 June 2007). Stockland Property Portfolio. p. 44. Retrieved 12 December 2007.
  3. Dun & Bradstreet (1 October 1999). "Jobson's Mining Year Book - Schroders Property Fund (D-U-N-S No: 75-100-7469)".
  4. Schroders Property Fund (27 March 1996). "Major International Award For Rockhampton Shopping Fair QLD (Part A)". Australian Stock Exchange .
  5. "AMP builds top spot $112m Schroders buy-out". Inside Retailing. 30 August 1999. p. 1.
  6. Schroders Property Fund (31 March 1999). "Achieves $37.4M rise in valuations". Australian Stock Exchange .
  7. "Byvan completes refurbishment of Rockhampton Shopping Fair". Inside Retailing. 10 December 2001.
  8. "Stockland Sale, Queensland". Inside Retailing. 15 December 2003.
  9. "Traders 'kept in the dark' over City Centre Square sale". The Courier Mail. 16 February 2015. Retrieved 8 October 2021.
  10. "Rebranding pays dividends for centre". Inside Retailing. 11 October 2004.
    * Property Council of Australia (1 October 2004). "Sunshine Plaza Named Queensland's Shopping Centre of the Year" . Retrieved 12 December 2007.
  11. "Garden City takes top shopping award". The Courier-Mail . 8 December 1999. p. 25.
  12. Stockland (30 June 2008). Stockland Property Portfolio. p. 43. Retrieved 15 December 2008.