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Warrawong Plaza

From Wikipedia, the free encyclopedia

Warrawong Plaza
Map
LocationWarrawong, New South Wales, Australia
Coordinates34°29′10″S 150°53′20″E / 34.4861°S 150.889°E / -34.4861; 150.889
Opening date1960; 64 years ago (1960)
ManagementJLL
OwnerElanor Investors Group
No. of stores and services140[1]
No. of anchor tenants6
Total retail floor area57,582 m2 (619,807 sq ft)[1]
No. of floors2
Parking2,167 spaces[1]
Websitewarrawongplaza.com.au

Warrawong Plaza (formerly Westfield Warrawong) is a major shopping centre located in Warrawong, a suburb of Wollongong, New South Wales, Australia. With a retail floor area of 57,582 m2 (619,807 sq ft), it is currently the third largest shopping centre in the Illawarra region.

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History and development

Warrawong Plaza originally opened in 1960 as Lake Market Shopping Centre. [citation needed]

The centre has a current catchment area of 246,680 persons, and retail spending in the catchment area estimated at $2.3 billion (2005).[1][2]

Redevelopments

Upon acquisition by the Westfield Group in 1985, the centre was extensively redeveloped and relaunched as Westfield Warrawong in 1988.[1] Further extensions were conducted in 1996, adding a 6,000 m2 (64,583 sq ft) Big W to the centre.[1][3]

Previously, a Big W department store had been an occupant of the centre from 1965, however due to a change in retailing strategy by parent company Woolworths, the then-two-level store was sold to David Jones on 19 April 1971 and converted to a David Jones store which in turn was closed in January 1986. By 2011, the centre had grown to 57,582 m2 (619,807 sq ft) with 140 retailers.[4]

Acquisition by The Blackstone Group

In August 2015, Scentre Group announced it had sold Westfield Warrawong to 151 Property, a subsidiary of the Blackstone Group along with three other centres as part of sell-off of "non-strategic" assets for a total of $783 million. At the same time it was announced that Jones Lang LaSalle would be responsible for the management of the centre.[5]

On 11 September 2015, the new management unveiled the new name, Warrawong Plaza, and branding going forward.

Target permanently closed on January 14 2023 due to poor sales.

Events

In 1999, the centre received significant global coverage of its efforts to deal with shoplifting and anti-social behaviour.[6][7] In an effort to discourage local youth using the centre as a gathering place, the management used the centre's public address system to play older style music, including Bing Crosby's 1938 song "My Heart Is Taking Lessons".[6][7]

In March 2005, local bus company Premier Illawarra gave serious consideration to suspending one of its Thursday evening services from the centre due to months of increased vandalism and anti-social behaviour in surrounding streets around the centre.[8] Despite the efforts of bus inspectors and transit police, very little had been achieved to curb the problems.[8]

Transport

The centre is serviced by a public bus service operated by Premier Illawarra.

Facilities

Major retailers of Warrawong Plaza include Coles, Aldi, Big W, Hoyts, TK Maxx, JB Hi-Fi, Rebel and Lincraft.

References

  1. ^ a b c d e f Property Portfolio – Westfield Warrawong
  2. ^ "Warrawong – history". City of Wollongong. Archived from the original on 10 March 2007. Retrieved 17 July 2007.
  3. ^ Craig, Eric (2 September 1996). "Retales". Inside Retailing.
  4. ^ Jobson's Year Book. Dun & Bradstreet Marketing Pty Ltd. OCLC 37164161.
  5. ^ "Warrawong, Figtree shopping centres sold to global firm". 2 September 2015.
  6. ^ a b "Bing keeps troublemakers at bay". BBC News. 8 July 1999.
  7. ^ a b "Crosby drives teens from Aussie mall". CNN News. 8 July 1999. Archived from the original on 17 September 2006.
  8. ^ a b "Vandalism may end night bus service". Australian Broadcasting Corporation. 29 March 2005.

External links

This page was last edited on 15 April 2024, at 10:37
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