Centro Bankstown
Encyclopedia
Central business district
A central business district is the commercial and often geographic heart of a city. In North America this part of a city is commonly referred to as "downtown" or "city center"...
of the City of Bankstown
City of Bankstown
The City of Bankstown is a city and Local Government Area in the Canterbury-Bankstown region of Sydney, New South Wales, Australia, centred on the suburb of Bankstown....
. It has over 310 specialty stores including a number of major retail stores. Opened in 1966, the shopping centre has undergone several refurbishments and additions. The most recent work involved extension of the shopping complex to a block of land opposite Lady Cutler Avenue. Centro Bankstown is the largest Centro-managed and owned shopping centre in Australia.
In October 2002 General Property Trust (GPT) divested its 50% interest in Centro Bankstown to Centro Properties Group. GPT received $176 million for sale of its interest in the shopping centre which it jointly owned with the Government Superannuation Office (GSO).
History
- 1966 - Centre Opened
- 2002 - Managed by Centro Properties Group, 50% Interest Acquired by Centro Australia Wholesale Fund
- 2003 - 50% Interest Acquired by Centro MCS 28
- 2006 - Stage 1 Redevelopment Started
- 2007 - Stage 1 Redevelopment Completed, Stage 2 Redevelopment Started
- 2008 - Stage 2 Redevelopment Completed
Redevelopment
The shopping centre is currently undergoing a major "redevelopment program" in two stages which will not be completed until mid-2008.Stage I (2006-2007): Extensions, Relocations, New Malls
Gross leasable area
Gross leasable area in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented...
to 66,500 m². It features a new Woolworths
Woolworths (supermarkets)
Woolworths is the largest supermarket chain in Australia, owned by Woolworths Limited.-History:Woolworths Limited was founded in 1924, with the first store opening up in Sydney's Imperial Arcade.-2008 rebranding:...
, the largest Big W
Big W
Big W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
in NSW, as well as 28 additional specialty stores. Franklins moved to the old Woolworths premises in December, 2006, and a new mall featuring twenty new stores opened in November 2007 where it was once located. The new mall connects the Grand Market fresh food area with the food court. New stores were opened (eg. Game, Bankwest), some stores closed down (eg. JB Hi-Fi, Tandy), while others relocated (eg. Best and Less) or underwent major renovations (eg. Dick Smith Electronics).
Stage II (2007-2008): Myer Bankstown
MyerMyer
Myer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
opened on May 17, 2008, on the site of the old David Jones
David Jones Limited
David Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
store. David Jones pulled out of the Bankstown site after the 40-year lease of the store was up because the area did not fit their demographics, making the store unprofitable. This is similar to the swap that happened at Westfield Eastgardens
Westfield Eastgardens
Westfield Eastgardens is a shopping centre that is located in the suburb of Eastgardens in Sydney, New South Wales, Australia. The centre was the largest shopping centre in Australia when it opened in September 1987. The centre is owned by the Terrace Tower Group but operated and managed on a long...
and Westfield Burwood
Westfield Burwood
Westfield Burwood is a large shopping centre in Sydney's Inner West suburb of Burwood. First opened in 1966 and completely rebuilt in 2000, the centre currently features a David Jones department store on 3 levels, Kmart, Target, Coles, Woolworths, a food court, around 250 specialty stores and a 12...
, the latter in a reverse direction which David Jones replaced a Myer store. The Bankstown Myer store stocks more than the old David Jones store and is the largest store at Bankstown at 10,150m². An extended fashion mall connects to the new Myer entrance. Plus a new NAB branch will be located next to the RTA. In a later stage Centro will be planning to add another level (4) to its main centre.
Public transport
At Centro Bankstown a bus interchange is located at the Jacobs Street entry. A taxi stand is located at the Jacobs Street entry and Bankstown railway station is only a short distance from Centro Bankstown situated off the North Terrace.Retailers
Major stores in the centre include:- MyerMyerMyer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
(in the space formerly occupied by David JonesDavid Jones LimitedDavid Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
) - KmartKmart AustraliaKmart Australia Limited is a discount department store chain owned by Wesfarmers. It operates 172 stores in Australia and 15 in New Zealand, with its head office located in Mulgrave, Victoria. Wesfarmers uses the Kmart name under licence from Sears Holdings Corporation.-History:Kmart Australia...
- Big WBig WBig W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
- TargetTarget (Australia)Target Australia Pty Ltd is an Australian department store chain owned by Wesfarmers . It operates 172 Target stores and 119 Target Country stores making 291 combined stores with its head office located in North Geelong, Victoria. It sells clothing, cosmetics, toys, homewares, electrical and...
- Woolworths
- FranklinsFranklinsFranklins is a discount supermarket chain selling packaged groceries and perishables throughout New South Wales, Australia. It owns the No Frills brand of generic products, promoted by their mascot, "Red Sock". It is known as "Australia's Original Discount Grocer"...
- Homeart
- LincraftLincraftLincraft is a retail chain in Australia that specialises in the sale of homewares, including crafts, material, and patterns. As of May 2009, it has 44 locations around Australia.Lincraft was founded in 1938 by Leo Ross as a stall shop in Melbourne....
(Formerly Spotlight) - Best and LessBest and LessBest & Less Pty Ltd is an Australian retailer of clothing and household linens.-History:Best & Less was founded by Berel Ginges, and opened its first store in Mascot, New South Wales on 27 May 1965.In April 1998, Best & Less was acquired by Pepkor...
- The Reject ShopThe Reject ShopThe Reject Shop is an Australian discount variety store chain. Founded in 1981 as a "seconds" store in South Yarra, Victoria, the company currently operates over 190 stores in Victoria, South Australia, New South Wales, Western Australia, Queensland, Tasmania and Australian Capital Territory...
(Formerly Go-LoGo-LoGo-Lo is a chain of Australian discount variety stores with hundreds of stores throughout Australia. It is part of the largest discount retailer group in Australia. It is owned by Jan Cameron's Retail Adventures along with Sam's Warehouse, Crazy Clark's and Chickenfeed stores. The company was sold...
) - Dick Smith ElectronicsDick Smith ElectronicsDick Smith is an international electronics retailer, founded in 1968 by Richard "Dick" Smith. Today, it is a subsidiary of Woolworths Limited, incorporating Tandy, and the remaining Dick Smith Powerhouse Stores...
- RTARoads and Traffic AuthorityThe Roads and Traffic Authority is a former New South Wales government agency that was responsible for major road infrastructure, licensing of drivers, and registration of motor vehicles. The RTA directly managed State roads and provided funding to local councils for regional and local roads...
motor registry with all driver test facilities.
The centre also features two stores each of Michel's Patisserie
Michel's Patisserie
- About :Michel's Patisserie is a chain of bakery-style food outlets selling cakes, pies, savouries and espresso coffee. The company is a franchise system that was founded in 1988 and is based in Australia with over 360 retail outlets in all Australian states and territories except Northern...
, McDonalds, Gloria Jeans and Wendy's.
External links
Central business district
A central business district is the commercial and often geographic heart of a city. In North America this part of a city is commonly referred to as "downtown" or "city center"...
of the City of Bankstown
City of Bankstown
The City of Bankstown is a city and Local Government Area in the Canterbury-Bankstown region of Sydney, New South Wales, Australia, centred on the suburb of Bankstown....
. It has over 310 specialty stores including a number of major retail stores. Opened in 1966, the shopping centre has undergone several refurbishments and additions. The most recent work involved extension of the shopping complex to a block of land opposite Lady Cutler Avenue. Centro Bankstown is the largest Centro-managed and owned shopping centre in Australia.
In October 2002 General Property Trust (GPT) divested its 50% interest in Centro Bankstown to Centro Properties Group. GPT received $176 million for sale of its interest in the shopping centre which it jointly owned with the Government Superannuation Office (GSO).
History
- 1966 - Centre Opened
- 2002 - Managed by Centro Properties Group, 50% Interest Acquired by Centro Australia Wholesale Fund
- 2003 - 50% Interest Acquired by Centro MCS 28
- 2006 - Stage 1 Redevelopment Started
- 2007 - Stage 1 Redevelopment Completed, Stage 2 Redevelopment Started
- 2008 - Stage 2 Redevelopment Completed
Redevelopment
The shopping centre is currently undergoing a major "redevelopment program" in two stages which will not be completed until mid-2008.Stage I (2006-2007): Extensions, Relocations, New Malls
Gross leasable area
Gross leasable area in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented...
to 66,500 m². It features a new Woolworths
Woolworths (supermarkets)
Woolworths is the largest supermarket chain in Australia, owned by Woolworths Limited.-History:Woolworths Limited was founded in 1924, with the first store opening up in Sydney's Imperial Arcade.-2008 rebranding:...
, the largest Big W
Big W
Big W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
in NSW, as well as 28 additional specialty stores. Franklins moved to the old Woolworths premises in December, 2006, and a new mall featuring twenty new stores opened in November 2007 where it was once located. The new mall connects the Grand Market fresh food area with the food court. New stores were opened (eg. Game, Bankwest), some stores closed down (eg. JB Hi-Fi, Tandy), while others relocated (eg. Best and Less) or underwent major renovations (eg. Dick Smith Electronics).
Stage II (2007-2008): Myer Bankstown
MyerMyer
Myer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
opened on May 17, 2008, on the site of the old David Jones
David Jones Limited
David Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
store. David Jones pulled out of the Bankstown site after the 40-year lease of the store was up because the area did not fit their demographics, making the store unprofitable. This is similar to the swap that happened at Westfield Eastgardens
Westfield Eastgardens
Westfield Eastgardens is a shopping centre that is located in the suburb of Eastgardens in Sydney, New South Wales, Australia. The centre was the largest shopping centre in Australia when it opened in September 1987. The centre is owned by the Terrace Tower Group but operated and managed on a long...
and Westfield Burwood
Westfield Burwood
Westfield Burwood is a large shopping centre in Sydney's Inner West suburb of Burwood. First opened in 1966 and completely rebuilt in 2000, the centre currently features a David Jones department store on 3 levels, Kmart, Target, Coles, Woolworths, a food court, around 250 specialty stores and a 12...
, the latter in a reverse direction which David Jones replaced a Myer store. The Bankstown Myer store stocks more than the old David Jones store and is the largest store at Bankstown at 10,150m². An extended fashion mall connects to the new Myer entrance. Plus a new NAB branch will be located next to the RTA. In a later stage Centro will be planning to add another level (4) to its main centre.
Public transport
At Centro Bankstown a bus interchange is located at the Jacobs Street entry. A taxi stand is located at the Jacobs Street entry and Bankstown railway station is only a short distance from Centro Bankstown situated off the North Terrace.Retailers
Major stores in the centre include:- MyerMyerMyer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
(in the space formerly occupied by David JonesDavid Jones LimitedDavid Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
) - KmartKmart AustraliaKmart Australia Limited is a discount department store chain owned by Wesfarmers. It operates 172 stores in Australia and 15 in New Zealand, with its head office located in Mulgrave, Victoria. Wesfarmers uses the Kmart name under licence from Sears Holdings Corporation.-History:Kmart Australia...
- Big WBig WBig W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
- TargetTarget (Australia)Target Australia Pty Ltd is an Australian department store chain owned by Wesfarmers . It operates 172 Target stores and 119 Target Country stores making 291 combined stores with its head office located in North Geelong, Victoria. It sells clothing, cosmetics, toys, homewares, electrical and...
- Woolworths
- FranklinsFranklinsFranklins is a discount supermarket chain selling packaged groceries and perishables throughout New South Wales, Australia. It owns the No Frills brand of generic products, promoted by their mascot, "Red Sock". It is known as "Australia's Original Discount Grocer"...
- Homeart
- LincraftLincraftLincraft is a retail chain in Australia that specialises in the sale of homewares, including crafts, material, and patterns. As of May 2009, it has 44 locations around Australia.Lincraft was founded in 1938 by Leo Ross as a stall shop in Melbourne....
(Formerly Spotlight) - Best and LessBest and LessBest & Less Pty Ltd is an Australian retailer of clothing and household linens.-History:Best & Less was founded by Berel Ginges, and opened its first store in Mascot, New South Wales on 27 May 1965.In April 1998, Best & Less was acquired by Pepkor...
- The Reject ShopThe Reject ShopThe Reject Shop is an Australian discount variety store chain. Founded in 1981 as a "seconds" store in South Yarra, Victoria, the company currently operates over 190 stores in Victoria, South Australia, New South Wales, Western Australia, Queensland, Tasmania and Australian Capital Territory...
(Formerly Go-LoGo-LoGo-Lo is a chain of Australian discount variety stores with hundreds of stores throughout Australia. It is part of the largest discount retailer group in Australia. It is owned by Jan Cameron's Retail Adventures along with Sam's Warehouse, Crazy Clark's and Chickenfeed stores. The company was sold...
) - Dick Smith ElectronicsDick Smith ElectronicsDick Smith is an international electronics retailer, founded in 1968 by Richard "Dick" Smith. Today, it is a subsidiary of Woolworths Limited, incorporating Tandy, and the remaining Dick Smith Powerhouse Stores...
- RTARoads and Traffic AuthorityThe Roads and Traffic Authority is a former New South Wales government agency that was responsible for major road infrastructure, licensing of drivers, and registration of motor vehicles. The RTA directly managed State roads and provided funding to local councils for regional and local roads...
motor registry with all driver test facilities.
The centre also features two stores each of Michel's Patisserie
Michel's Patisserie
- About :Michel's Patisserie is a chain of bakery-style food outlets selling cakes, pies, savouries and espresso coffee. The company is a franchise system that was founded in 1988 and is based in Australia with over 360 retail outlets in all Australian states and territories except Northern...
, McDonalds, Gloria Jeans and Wendy's.
External links
Central business district
A central business district is the commercial and often geographic heart of a city. In North America this part of a city is commonly referred to as "downtown" or "city center"...
of the City of Bankstown
City of Bankstown
The City of Bankstown is a city and Local Government Area in the Canterbury-Bankstown region of Sydney, New South Wales, Australia, centred on the suburb of Bankstown....
. It has over 310 specialty stores including a number of major retail stores. Opened in 1966, the shopping centre has undergone several refurbishments and additions. The most recent work involved extension of the shopping complex to a block of land opposite Lady Cutler Avenue. Centro Bankstown is the largest Centro-managed and owned shopping centre in Australia.
In October 2002 General Property Trust (GPT) divested its 50% interest in Centro Bankstown to Centro Properties Group. GPT received $176 million for sale of its interest in the shopping centre which it jointly owned with the Government Superannuation Office (GSO).
History
- 1966 - Centre Opened
- 2002 - Managed by Centro Properties Group, 50% Interest Acquired by Centro Australia Wholesale Fund
- 2003 - 50% Interest Acquired by Centro MCS 28
- 2006 - Stage 1 Redevelopment Started
- 2007 - Stage 1 Redevelopment Completed, Stage 2 Redevelopment Started
- 2008 - Stage 2 Redevelopment Completed
Redevelopment
The shopping centre is currently undergoing a major "redevelopment program" in two stages which will not be completed until mid-2008.Stage I (2006-2007): Extensions, Relocations, New Malls
Gross leasable area
Gross leasable area in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented...
to 66,500 m². It features a new Woolworths
Woolworths (supermarkets)
Woolworths is the largest supermarket chain in Australia, owned by Woolworths Limited.-History:Woolworths Limited was founded in 1924, with the first store opening up in Sydney's Imperial Arcade.-2008 rebranding:...
, the largest Big W
Big W
Big W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
in NSW, as well as 28 additional specialty stores. Franklins moved to the old Woolworths premises in December, 2006, and a new mall featuring twenty new stores opened in November 2007 where it was once located. The new mall connects the Grand Market fresh food area with the food court. New stores were opened (eg. Game, Bankwest), some stores closed down (eg. JB Hi-Fi, Tandy), while others relocated (eg. Best and Less) or underwent major renovations (eg. Dick Smith Electronics).
Stage II (2007-2008): Myer Bankstown
MyerMyer
Myer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
opened on May 17, 2008, on the site of the old David Jones
David Jones Limited
David Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
store. David Jones pulled out of the Bankstown site after the 40-year lease of the store was up because the area did not fit their demographics, making the store unprofitable. This is similar to the swap that happened at Westfield Eastgardens
Westfield Eastgardens
Westfield Eastgardens is a shopping centre that is located in the suburb of Eastgardens in Sydney, New South Wales, Australia. The centre was the largest shopping centre in Australia when it opened in September 1987. The centre is owned by the Terrace Tower Group but operated and managed on a long...
and Westfield Burwood
Westfield Burwood
Westfield Burwood is a large shopping centre in Sydney's Inner West suburb of Burwood. First opened in 1966 and completely rebuilt in 2000, the centre currently features a David Jones department store on 3 levels, Kmart, Target, Coles, Woolworths, a food court, around 250 specialty stores and a 12...
, the latter in a reverse direction which David Jones replaced a Myer store. The Bankstown Myer store stocks more than the old David Jones store and is the largest store at Bankstown at 10,150m². An extended fashion mall connects to the new Myer entrance. Plus a new NAB branch will be located next to the RTA. In a later stage Centro will be planning to add another level (4) to its main centre.
Public transport
At Centro Bankstown a bus interchange is located at the Jacobs Street entry. A taxi stand is located at the Jacobs Street entry and Bankstown railway station is only a short distance from Centro Bankstown situated off the North Terrace.Retailers
Major stores in the centre include:- MyerMyerMyer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
(in the space formerly occupied by David JonesDavid Jones LimitedDavid Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...
) - KmartKmart AustraliaKmart Australia Limited is a discount department store chain owned by Wesfarmers. It operates 172 stores in Australia and 15 in New Zealand, with its head office located in Mulgrave, Victoria. Wesfarmers uses the Kmart name under licence from Sears Holdings Corporation.-History:Kmart Australia...
- Big WBig WBig W is one of the largest chain of discount department stores in Australia, with over 150 stores. It is a division of Woolworths Limited, the second largest retailer in Australia. Its main competitors are Kmart and Target, both owned by Wesfarmers....
- TargetTarget (Australia)Target Australia Pty Ltd is an Australian department store chain owned by Wesfarmers . It operates 172 Target stores and 119 Target Country stores making 291 combined stores with its head office located in North Geelong, Victoria. It sells clothing, cosmetics, toys, homewares, electrical and...
- Woolworths
- FranklinsFranklinsFranklins is a discount supermarket chain selling packaged groceries and perishables throughout New South Wales, Australia. It owns the No Frills brand of generic products, promoted by their mascot, "Red Sock". It is known as "Australia's Original Discount Grocer"...
- Homeart
- LincraftLincraftLincraft is a retail chain in Australia that specialises in the sale of homewares, including crafts, material, and patterns. As of May 2009, it has 44 locations around Australia.Lincraft was founded in 1938 by Leo Ross as a stall shop in Melbourne....
(Formerly Spotlight) - Best and LessBest and LessBest & Less Pty Ltd is an Australian retailer of clothing and household linens.-History:Best & Less was founded by Berel Ginges, and opened its first store in Mascot, New South Wales on 27 May 1965.In April 1998, Best & Less was acquired by Pepkor...
- The Reject ShopThe Reject ShopThe Reject Shop is an Australian discount variety store chain. Founded in 1981 as a "seconds" store in South Yarra, Victoria, the company currently operates over 190 stores in Victoria, South Australia, New South Wales, Western Australia, Queensland, Tasmania and Australian Capital Territory...
(Formerly Go-LoGo-LoGo-Lo is a chain of Australian discount variety stores with hundreds of stores throughout Australia. It is part of the largest discount retailer group in Australia. It is owned by Jan Cameron's Retail Adventures along with Sam's Warehouse, Crazy Clark's and Chickenfeed stores. The company was sold...
) - Dick Smith ElectronicsDick Smith ElectronicsDick Smith is an international electronics retailer, founded in 1968 by Richard "Dick" Smith. Today, it is a subsidiary of Woolworths Limited, incorporating Tandy, and the remaining Dick Smith Powerhouse Stores...
- RTARoads and Traffic AuthorityThe Roads and Traffic Authority is a former New South Wales government agency that was responsible for major road infrastructure, licensing of drivers, and registration of motor vehicles. The RTA directly managed State roads and provided funding to local councils for regional and local roads...
motor registry with all driver test facilities.
The centre also features two stores each of Michel's Patisserie
Michel's Patisserie
- About :Michel's Patisserie is a chain of bakery-style food outlets selling cakes, pies, savouries and espresso coffee. The company is a franchise system that was founded in 1988 and is based in Australia with over 360 retail outlets in all Australian states and territories except Northern...
, McDonalds, Gloria Jeans and Wendy's.
External links
