Castle Towers

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Castle Towers Shopping Centre
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Castle Towers Logo
Castle Towers
Location Castle Hill, New South Wales, Australia
Coordinates 33°43′50″S151°00′22″E / 33.73045°S 151.0062028°E / -33.73045; 151.0062028
Opening dateOctober 1982;41 years ago (1982-10)
Owner Queensland Investment Corporation
No. of stores and services317 (as of December 2019)
No. of anchor tenants 11
Total retail floor area 117,700 m2 (1,267,000 sq ft) (lettable, as of December 2019)
No. of floors3
ParkingOver 5,000 spaces (as of December 2019)
Public transit access TfNSW M.svg Castle Hill Station
Website castletowers.com.au

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.

Contents

It has a net leasable area of approximately 112,000 square metres, making it one of Australia's largest shopping centres. [1]

History

Castle Towers opened in 1982 with Kmart, Coles and Norman Ross as the major retailers. [2] The centre was expanded to include David Jones and Franklins in November 1991. In August 1993, the Greater Union site was launched and in October of the same year Target replaced Norman Ross. In September 1999, the second Greater Union site opened, as well as 44 specialty retailers including the Piazza restaurant precinct. In April 2000, Target and David Jones launched their extensions with the addition of Food For Less & Bi-Lo replacing Franklins as it moves to Castle Mall and a further 76 stores. In August 2001, the final stage of the centre opened including a two level Grace Bros (now Myer) and 34 upmarket fashion retailers. In January 2007, Food For Less was replaced by Dan Murphy's. In June 2009, Greater Union opened its premium five screen cinema complex as "EVENT Cinemas" which replaces six old screens built in 1993. Castle Towers' new EVENT Cinemas were architecturally designed with five auditoriums and a bar all featuring "Gold Class". It is the first of its kind in the world because it features the latest digital cinema technology including new digital projectors and electronic reclining chairs. On the same month, Myer added a new floor on the lower level and relaunched the Myer store as three levels. [3] In November 2013, Castle Towers commenced a $20 million car park upgrade which involved the introduction of electronic parking guidance technology and general car park improvements such as new paint finishes, brighter and energy efficient lighting, improved directional signage and the installation of parking guidance infrastructure. The works were completed in December 2014. [4]

On 5 December 2019, a $180 million expansion of the centre on level 1 opened, with an underground pedestrian tunnel linking the centre to Castle Hill station. [5] [6] [7] The redevelopment also introduced a new food court and additional specialty and mini major retailers, taking up space previously held by a car park. The expansion was the first stage of a long term town centre master plan (see Redevelopment section), which includes refurbishment work on levels 2 and 3 and the Piazza in 2020, followed by a major redevelopment to commence in 2021.

Redevelopment

Castle Towers Shopping Centre | May 2020 Castle Towers Shopping Centre.jpg
Castle Towers Shopping Centre | May 2020

A development application to expand the centre by 60,000 square metres was approved in February 2011 by the Hills Shire Council. [8] The centre will undergo a $285 million expansion, which will include a new 16-screen cinema complex, an eat-street area, 3085 additional parking spaces, as well as new retail stores. Shopping centres in Sydney's metropolitan area such as Westfield Parramatta and Westfield Bondi Junction will be eclipsed in size after the huge expansion. Castle Towers is expected to become one of the largest shopping centres in Australia after the redevelopment, with 170,000 square metres of active floorspace, [9] behind Victorian rivals Westfield Fountain Gate (174,000m²) [10] and Chadstone Shopping Centre (190,000m²). [11] [12]

A new proposal by Queensland Investment Corporation was released in March 2015 to expand the centre . The $1 billion expansion plans to demolish the centre south of Target and David Jones and refurbish the retained sections. A new extension is planned on the outdoor carpark off Pennant Street, integrating a food court, specialty stores, restaurants and will also include the construction of 5 high-rise towers. Unlike the previous proposal, the redevelopment will not take place on the land next to Castle Grand and Kentwell Avenue. With this proposal, Castle Towers is expected to become one of Australia's largest shopping centres with a retail floor area of approximately 150,000 square metres. The first stage of the expansion opened on 5 December 2019. Future plans have since been put on hold following the impact of the COVID-19 pandemic on retail.

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References

  1. SMH: Will Castle Hill get Australia's biggest mall?
  2. QIC Global Real Estate
  3. Castle Towers Archived 23 December 2007 at the Wayback Machine
  4. "Castle Towers $20 Million Car Park Upgrade". Castle Towers. 8 April 2014. Archived from the original on 12 September 2014. Retrieved 12 September 2014.
  5. "QICGRE delivers stage one of the Castle Towers redevelopment – Shopping Centre News". www.shoppingcentrenews.com.au. Retrieved 6 December 2019.
  6. "Next-gen retail offer unveiled at Castle Towers". QIC GRE. 6 December 2019. Retrieved 25 February 2020.
  7. "QIC gets connected at Castle Towers". Australian Financial Review. 5 December 2019. Retrieved 25 February 2020.
  8. Castle Towers redevelopment to make it the state’s biggest shopping centre
  9. Carswell, Andrew (15 September 2006). "A castle for the Hills". The Daily Telegraph . Archived from the original on 28 April 2019.
  10. Westfield Group Australian Portfolio – Development Presentation Archived 4 August 2011 at the Wayback Machine
  11. Colliers International (2 February 2011). "Retail bricks to endure challenge from retail clicks". colliers.com.au. Archived from the original on 25 March 2012. Retrieved 28 May 2011.
  12. "Chadstone Shopping Centre – Chadstone, Victoria" (PDF). universalconcretepumping.com.au. 2008. Archived from the original (PDF) on 6 July 2011. Retrieved 28 May 2011.