Stockland Rockhampton

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Stockland Rockhampton
StocklandRockhamptonlogo.JPG
Location Rockhampton, Queensland, Australia
Coordinates 23°21′20″S 150°31′20″E / 23.3556°S 150.5221°E / -23.3556; 150.5221
Owner Stockland
No. of stores and services 190 [1]
No. of anchor tenants 7
Total retail floor area 59,500 m2 (640,453 sq ft)
No. of floors 1
Parking 3,100 Bays
Website stockland.com.au
Information from Stockland.[2]

Stockland Rockhampton is a major shopping centre, located on the Bruce Highway in Park Avenue and Berserker in Rockhampton, Queensland, Australia.

History and development[edit]

The centre was originally known as Rockhampton Shopping Fair, and was built in two stages, the first opening in 1985 and the second in 1988. It was acquired by Schroders Property Fund along with two other Queensland shopping centres in January 1992,[3] and in March 1996, following a redevelopment focused on the theme "Where The Outback Meets The Reef", the centre won a Certificate of Merit in the International Council of Shopping Centers' 1996 Design Awards Competition.[4] At the time of AMP Asset Management's acquisition of the centre in August 1999, it had a floor area of 36,137 square metres (388,975 sq ft) and was valued at A$99 million.[5][6]

An internal refurbishment costing A$3 million was completed in late 2001 by Byvan, which included a new centre court design, new seating, a new Customer Services desk and new floors through the complex. The food court was revamped in 2002.[7]

In 2003, property development company Stockland acquired the centre, after selling the City Centre Plaza complex in the Rockhampton CBD to the JF Meridian Trust.[8] In 2004, following the centre's rebranding as "Stockland Rockhampton", it won the Property Council of Australia's Queensland Shopping Centre of the Year award in the 30,000-50,000 sqm category, with centre management, financial performance, marketing campaigns, operational factors, leasing and community involvement all being cited as reasons considered by the judges.[9] It had been a runner-up for the same award in 1999.[10]

Redevelopment[edit]

Development approval was granted in October 2006 to incorporate the neighbouring Kmart Plaza into the main centre, and construction has commenced.[2] The redevelopment cost A$100 million and added approximately 75 specialty stores. The integration of the two centres was completed in 2009, opening on 13 August 2009 with full completion of the redevelopment achieved in 2010. Annual turnover at the centre for June 2008 was A$255.2 million, with a book value of $193.0 million.[11] Stage two of the redevelopment was completed on 10 June 2010 with another 13 stores added to the centre.

In 2015 A $6.6 million stocklands project named the terrace created 80 new jobs in construction and retail. With an extra 1300 sq m of retail that involved a minor reconfiguration of the current centre and created a new dining terrace. Construction starts 6 July 2015, finishing Early 2016.

Transport[edit]

Stockland Rockhampton is located at the corner of Bruce Highway and Yaamba Road, and has ample car parking which can be accessed from five points along the Bruce Highway, Yaamba Road and High Street. A bus interchange is located on the southern side of the centre near Mandalay Medical Centre and Jetts Fitness. A hail only bus stop is located on Yaamba Road and can be accessed via the ANZ Bank entrance. The bus routes information from centre can be found from centre's Customer Care Desk or from Capricorn Sunbus.[12] and Young's Buses.[13]

Facilities[edit]

Stockland is a fully enclosed, single-level regional shopping centre occupying a site of 8.81 hectares. It currently accommodates ten majors, over 110+ specialty shops, a six screen cinema complex, Sizzler and a learning swimming pool. Two-thirds of the car parking is undercover and accessed by travelators and elevators. Following the major redevelopment in 2009, Stockland Rockhampton is company's largest shopping centre in Australia, and the largest shopping centre between Maroochydore and Cairns. It has 195 specialty stores and 14 major retail outlets.[citation needed]

References[edit]

  1. ^ http://jun09.stockland.onlinepropertyportfolio.com.au/commercial_portfolio/retail/page_38.php
  2. ^ a b Stockland (30 June 2007). Stockland Property Portfolio. p. 44. Retrieved 2007-12-12. 
  3. ^ Dun & Bradstreet (1 October 1999). "Jobson's Mining Year Book - Schroders Property Fund (D-U-N-S No: 75-100-7469)". 
  4. ^ Schroders Property Fund (27 March 1996). "Major International Award For Rockhampton Shopping Fair QLD (Part A)". Australian Stock Exchange. 
  5. ^ "AMP builds top spot $112m Schroders buy-out". Inside Retailing. 30 August 1999. p. 1. 
  6. ^ Schroders Property Fund (31 March 1999). "Achieves $37.4M rise in valuations". Australian Stock Exchange. 
  7. ^ "Byvan completes refurbishment of Rockhampton Shopping Fair". Inside Retailing. 10 December 2001. 
  8. ^ "Stockland Sale, Queensland". Inside Retailing. 15 December 2003. 
  9. ^ "Rebranding pays dividends for centre". Inside Retailing. 11 October 2004. 
    * Property Council of Australia (1 October 2004). "Sunshine Plaza Named Queensland’s Shopping Centre of the Year". Retrieved 2007-12-12. 
  10. ^ "Garden City takes top shopping award". The Courier-Mail. 8 December 1999. p. 25. 
  11. ^ Stockland (30 June 2008). Stockland Property Portfolio. p. 43. Retrieved 2008-12-15. 
  12. ^ Sunbus. "Capricorn Sunbus - Rockhampton, Queensland, Australia". Archived from the original on 2007-08-29. Retrieved 2007-12-12. 
  13. ^ Young's Bus Service. "Young's Buses - Rockhampton, Queensland, Australia". Retrieved 2007-12-12. 

External links[edit]