Westfield West Lakes

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Westfield West Lakes
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Westfield West Lakes Aerial Shot 2024 June.jpg
Aerial photograph of Westfield West Lakes
Westfield West Lakes
Location111 West Lakes Boulevard, West Lakes, South Australia [1]
Coordinates 34°52′52″S138°29′29″E / 34.88111°S 138.49139°E / -34.88111; 138.49139
Opening date13 November 1974;50 years ago (1974-11-13) [2] : 88 
Management Scentre Group [3]
Owner Dexus (50%)
Scentre Group (50%) [4]
No. of stores and services243 (see below for details) [1]
No. of anchor tenants 7
Total retail floor area 71,291 square metres (767,370 sq ft) [1]
No. of floors2
Parking3,909 [1]
Website westfield.com.au/westlakes

Westfield West Lakes is a shopping centre located in West Lakes, Adelaide, South Australia. It contains approximately 260 stores, with anchor tenants David Jones, Harris Scarfe, Kmart, Coles, Target, Woolworths and JB Hi-Fi.

Contents

Construction and opening

The shopping centre was designed in 1973 by architects Dick-Smith Associates in association with Snowden Brougham and Moulds. Construction commenced later in the year with the first stage being completed in late 1974 with the second stage of work being completed in 1975. It was opened on 13 November 1974 by the Premier of South Australia, Don Dunstan. [2] : 87–88 

Ownership

The shopping centre was originally owned by West Lakes Ltd, a subsidiary of the Development Finance Corporation and T & G Mutual Life Assurance Society. In 1987, Delfin sold its 25% share to its partner now owned by National Mutual. Sometime after 1987, the shopping centre was sold to the Deutschland Retail Property Trust Australia Ltd who sold 50% of the asset to the Westfield Group in 2002 and the remainder at a later time to the Australian property investment company, Dexus. [5] In July 2014, the Westfield Group was divided into two companies - the Scentre Group and the Westfield Corporation with the Scentre Group retaining the Westfield Group's interest in the shopping centre. [6] [2] : 22  [7] : 73  [3]

Upgrades

Between 2004 and 2006 a major expansion to the north of the centre occurred with a large food court, fashion strip and a Reading Cinemas complex built.[ citation needed ]

A large upgrade of the centre was completed in August 2013. It extended the centre further to the north-west, next to David Jones and Harris Scarfe and introduced a paid parking system. [8] Target become an anchor tenant as well as approximately 40 additional retailers added.

References

  1. 1 2 3 4 "Westfield West Lakes". Scentre Group. Retrieved 23 July 2019.
  2. 1 2 3 Marsden, Susan (23 September 2015), A year-round holiday : the histories of West Lakes, Wakefield Press (published 2015), pp. 20–22, 87 & 88, ISBN   978-1-74305-352-2
  3. 1 2 Scentre Group (31 December 2016). "Property Compendium" (PDF). Scentre Group. p. 39. Retrieved 25 July 2019.
  4. ↑ "Retail destinations". Dexus . Retrieved 23 July 2019.
  5. ↑ DDF to own 50% of a $1.45 billion national retail portfolio Deutsche Bank 4 August 2004
  6. ↑ Condon, Turi (20 June 2014). "Westfield restructure a success: Lowy". The Australian Business Review. Retrieved 14 October 2014.
  7. ↑ Martin, Brian (2013), Delfin : West Lakes and beyond : a developer's diary, Brian Martin, p. 73, retrieved 21 July 2019
  8. ↑ "Westfield West Lakes Opening Hours | Centre Trading Hours".

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