Tooronga Village

Last updated

Tooronga Village Shopping Centre
Tooronga Village, 2021.jpg
Tooronga Village front entryway, 2021
Tooronga Village
Location Glen Iris, Victoria, Australia
No. of stores and services29
No. of anchor tenants 2

Tooronga Village is a residential, office and retail centre in the suburb of Glen Iris [1] in the municipality of Boroondara.

It formerly referred solely to a shopping centre, which temporarily closed in March 2008. [2] The mixed-use redevelopment by Stockland covers the former shopping centre site and part of the adjacent former brickworks site. [3] The redeveloped shopping centre re-opened in August 2010 [4] and now has 22 shops, cafes and restaurants in addition to anchor tenants Coles Supermarkets and 1st Choice Liquor Superstore. [5] [6]

Background

The shopping centre dated back to the 1960s (Coles traded there from 1968) [7] but there was little development of the centre since the 1970s. In December 1985, developers Hudson Conway paid $1.25m for the adjacent former brickworks, despite a proposed open-space order on the site approved by the former Hawthorn Council ten years prior. Hudson Conway proposed extending the shopping centre into the brickworks site, substantially expanding the centre and including a discount department store. By 1990, Hudson Conway had varied its proposal several times to include potential combinations of a commercial centre, offices and hotel blocks. The proposals met with substantial local opposition led by the Tooronga Action Group, [8] and anti-development candidates were voted into Hawthorn Council. In 1991 a site-specific development zone was designated for the site, which allowed for more modest development comprising an office complex on the existing shopping centre site, and retail space on the former brickworks site. [9]

Hudson Conway failed to develop the site, and sold its half of the shopping centre site to Coles Myer in 1995. Pacific Shopping Centres subsequently sold its 50% share to Coles Myer in 1997. In 2000, Coles Myer, which had opened its head office on land immediately adjacent in 1986, had plans for a major retail and entertainment development of the precinct but never proceeded with them. [10] Finally, developers Stockland agreed in 2004 to purchase the site from Coles Myer (subject to planning approval) for $30m [11] and proceeded with plans for a mixed-use development, comprising residential, retail and office use. The Victorian State Government upset local residents by taking planning control away from Boroondara Council and approving the project. [12] [13]

In addition to a redeveloped shopping centre of 8,000 sq.m., the overall development intended in five stages over five to seven years was originally planned to have 600 townhouses and apartments [6] (later expanded to 785 apartments) [5] plus office space (4,000 sq.m.) and provide some parking for the adjacent Coles head office. [6] The development works caused minor controversy in November 2008 with the revelation that drinking water was being used in large quantity across the site to suppress dust. [14] By June 2009, economic circumstances had led the developer to opt for a greater number of less expensive apartments. [15] By June 2010, 297 apartments were planned for the first stage of development, with a plan to expand to 785 apartments over five stages. [5] The car servicing franchise Ultra Tune planned to relocate its head office to the precinct. [5]

In December 2011, Stockland abandoned the remaining residential stages of the development, in line with its general exit from the apartment sector, opting instead to sell 7.7 hectares of the undeveloped land back to Coles. [16] [17] [18] In late 2013, Coles sold 5.4 hectares of this vacant land to St Kevin's College (unconfirmed at $23 million) for the purpose of sporting facilities, including three soccer pitches, a hockey pitch, Australian Rules oval, 12 tennis courts and 200 metre athletics track. This facility opened on the 17 June 2017. [19] [20]

In March 2019, Stockland stated its intention to sell Tooronga Village shopping centre [21] and in July 2019, Newmark Capital announced it had purchased the centre, for a figure reported to be in excess of $62 million. [22]

Related Research Articles

<span class="mw-page-title-main">Camberwell, Victoria</span> Suburb of Melbourne, Victoria, Australia

Camberwell is a suburb of Melbourne, Victoria, Australia, 10 km east of Melbourne's Central Business District, located within the City of Boroondara local government area. Camberwell recorded a population of 21,965 at the 2021 census.

<span class="mw-page-title-main">Myer</span> Australian department store chain

Myer is an Australian mid-range to upscale department store chain. It trades in all Australian states and one of Australia's two self-governing territories. Myer retails a broad range of products across women's, men's, and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; connected home; furniture; toys; books and stationery; food and confectionery; and travel goods.

<span class="mw-page-title-main">Burwood East, Victoria</span> Suburb of Melbourne, Victoria, Australia

Burwood East is a suburb of Melbourne, Victoria, Australia, located 17 km (11 mi) east of Melbourne's Central Business District, located within the City of Whitehorse local government area. Burwood East recorded a population of 10,675 at the 2021 census.

<span class="mw-page-title-main">Hawthorn, Victoria</span> Suburb of Melbourne, Victoria, Australia

Hawthorn is an inner suburb of Melbourne, Victoria, Australia, 6 kilometres (3.7 mi) east of Melbourne's central business district, located within the City of Boroondara local government area. Hawthorn recorded a population of 22,322 at the 2021 census.

<span class="mw-page-title-main">Hawthorn East, Victoria</span> Suburb of Melbourne, Victoria, Australia

Hawthorn East is a suburb of Melbourne, Victoria, Australia, 7 km (4.3 mi) east of the Melbourne central business district, located within the City of Boroondara local government area. Hawthorn East recorded a population of 14,834 at the 2021 census.

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

Chadstone Shopping Centre is a shopping centre located in the south-eastern Melbourne suburb of Malvern East. Chadstone Shopping Centre is the biggest shopping centre in Australia and one of the biggest in the Southern Hemisphere. The centre opened on 3 October 1960 and was the first self-contained regional shopping centre in Melbourne.

<span class="mw-page-title-main">Stockland</span>

Stockland Corporation Limited is a diversified Australian property development company. It has business in shopping centres, residential estates, industrial estates and manufactured housing communities.

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

Eastland Shopping Centre is a super-regional shopping centre located in the eastern Melbourne suburb of Ringwood, Victoria, Australia, which first opened on 31 October 1967.

<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.

Westfield Southland is a shopping centre in the suburb of Cheltenham in Melbourne. Southland has a floor area of 129,180m², making it one of the biggest shopping centres in Australia by size. There are approximately 400 retailers in Southland, including Myer, David Jones and Harris Scarfe. According to the Melbourne 2030 Metropolitan Strategy, Southland is recognised as one of 26 Principal Activity Centres. The centre is also one of the most profitable shopping centres in Australia, with an annual turnover of $857.9-million recorded in 2016.

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

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

Westfield Doncaster is a shopping centre 50% owned by Scentre Group and 25% owned by ISPT and 25% owned by Asia Property Fund located in Doncaster, a suburb of Melbourne, Victoria, Australia. As of July 2014, the Westfield Group became two companies Scentre Group and Westfield Corporation. The Westfield Group portion is now owned by Scentre Group. It is located on the corner of Williamsons Road and Doncaster Road in the Doncaster Hill precinct, an ongoing planning initiative by the local Manningham council. It is located 20 minutes east of the CBD and is one of the biggest shopping centres in Victoria.

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

Bankstown Central is a shopping centre in the suburb of Bankstown in South Western Sydney.

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

Melbourne Central is a large shopping centre, office, and public transport hub in the city of Melbourne, Victoria, Australia. It was designed by Japanese architect Kisho Kurokawa, and opened in 1991.

<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.

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

Westfield Eastgardens is a large shopping centre in the suburb of Eastgardens in the South-Eastern Suburbs of Sydney.

<span class="mw-page-title-main">Coles Group</span> Australian public company

Coles Group Limited is an Australian public company operating several retail chains. Its chief operations are primarily concerned with the sale of food and groceries through its flagship supermarket chain Coles Supermarkets, and the sale of liquor through its Coles Liquor outlets. Since its foundation in Collingwood, Victoria in 1914, Coles has grown to become the second-largest retailer in Australia after its principal rival, Woolworths, in terms of revenue.

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

Stockland Green Hills is a large indoor/outdoor shopping centre located in East Maitland, an eastern suburb of Maitland, New South Wales, Australia.

<span class="mw-page-title-main">Point Cook Town Centre</span> Shopping mall in Victoria, Australia

Point Cook is a shopping centre in the centre of Point Cook in the west of Melbourne, Victoria, Australia. It currently contains 150 stores in total and three supermarkets, Coles, Woolworths and Aldi, as well as a Target department store. Although the official name the centre is Stockland Point Cook, it is known locally as Point Cook Town Centre.

Pacific Square is an indoor/outdoor shopping centre in the suburb of Maroubra in the Eastern Suburbs of Sydney, south-east of The CBD.

References

  1. ↑ "Tooronga - centre information". Stockland. Retrieved 26 August 2010.
  2. ↑ "Tooronga Village shopping hub to shut". Progress Leader. 26 February 2008. Retrieved 3 March 2008.
  3. ↑ "Stockland lodges planning application for first stages of Tooronga Village" (PDF) (Press release). Stockland. 9 May 2007.
  4. ↑ "Stockland goes north". The Age, Melbourne. 14 August 2010. Retrieved 16 August 2010.
  5. 1 2 3 4 "In tune at Tooronga". Herald-Sun. 22 June 2010. p. 58.
  6. 1 2 3 "Tooronga rebuild starts". Melbourne Herald-Sun. 7 June 2008. Retrieved 5 October 2008.
  7. ↑ "Tooronga Store". Progress Leader. 17 August 2010. p. 11.
  8. ↑ "Tooronga Action Group" . Retrieved 28 June 2007.
  9. ↑ V.Peel, D.Zion, J.Yule (1993). A History of Hawthorn. Melbourne University Press.{{cite book}}: CS1 maint: multiple names: authors list (link)
  10. ↑ Karina Barrymore (31 January 2000). "Coles has red-hot expansion plans". Australian Financial Review. p. 30.
  11. ↑ "Summerhill competition on the line". The Age, Melbourne. 13 August 2008. Retrieved 13 August 2008.
  12. ↑ "Tooronga zoning new battle for Boroondara". Melbourne: The Age. 14 June 2006.
  13. ↑ "Council calls urgent Ministerial meeting over Tooronga" (Press release). City of Boroondara. 1 November 2006.
  14. ↑ "Developer sprays drinking water on dirt at Tooronga Village". Progress Leader. 19 November 2008.
  15. ↑ Craig, Natalie; Dobbin, Marika (20 June 2009). "Penthouse prices tumbling". The Age, Melbourne. Retrieved 22 June 2009.
  16. ↑ "Stockland sale". The Australian. 3 December 2011. Retrieved 20 March 2012.
  17. ↑ "Tooronga swap-fest". The Age. 3 December 2011. p. 25.
  18. ↑ "Coles regains land". Herald-Sun. 3 December 2011. p. 82.
  19. ↑ "St Kevin's College set to acquire Tooronga land from Coles for sporting fields". Property Observer. 6 August 2013. Retrieved 31 December 2013.
  20. ↑ Pallisco, Marc (10 June 2015). "St Kevin's College flattens high density plan to create world-class sports campus". Sydney Morning Herald. Retrieved 10 June 2015.
  21. ↑ "Vivid development pain in South Melbourne". The Age. 23 March 2019. Retrieved 24 March 2019.
  22. ↑ Johanson, Simon (9 July 2019). "Newmark pounces on Tooronga Village in $62m deal". Sydney Morning Herald. Retrieved 10 July 2019.

37°50′46″S145°2′44″E / 37.84611°S 145.04556°E / -37.84611; 145.04556

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.