Lakeside Joondalup Shopping City Explained

Lakeside Joondalup Shopping City
Location:Joondalup, Western Australia
Mapframe-Marker:shop
Mapframe-Stroke-Colour:
  1. C60C30
Mapframe-Marker-Colour:
  1. CB6586
Mapframe-Zoom:15
Manager:Lendlease
Owner:Lendlease (50%)
Future Fund (50%)
Developer:ING Real Estate
Number Of Stores:300+
Number Of Anchors:8
Parking:4,800 parking bays, approximately 1,500 undercover
Floors:2
Footnotes:Information from Lakeside Joondalup[1]

Lakeside Joondalup Shopping City is a major shopping centre in the Perth suburb of Joondalup. Located adjacent to the Joondalup railway station, it is the third largest shopping centre in Western Australia after Westfield Carousel and Karrinyup Shopping Centre. The centre contains three supermarkets, Woolworths, Coles and Aldi, three discount department stores, Big W, Kmart and Target, and the department store Myer.

History and development

Construction of the centre commenced in 1991, and it opened in late November 1994.[2] The latest redevelopment was completed in November 2014.[3]

Redevelopments

The centre has undergone a number of relevant extensions and developments since opening.

Stage 1

The cinema, originally opened as a Greater Union, was constructed on top of the Joondalup line railway reserve and opened in 1998. In 2004, the cinema was sold to Grand Cinemas.[4] It is now run by Hoyts after Grand Cinemas' collapse.[5]

Stage 2

In 1999 the centre added a Target department store to the south-west corner. The area was originally left vacant and was secured until the construction phase began.

Stage 3

Lakeside Joondalup Shopping City was developed extensively between 2006 and 2007, expanding to about twice of its original size.[6] The redevelopment was completed in late 2008.[7]

Valued at A$116 million in 2006, the expansion included a new major supermarket, department store and some 100 speciality stores, as well as adding a four-storey parking structure of 1,710 new car bays located on the south eastern side of the site.[6] [7] The new extensions connect with the existing centre via an enclosed area over Station Square.[6] As part of the extension, ING Real Estate's existing air rights lease over the railway line was converted to freehold title.[8] It was a condition of development approval that public access be maintained from the commencement to cessation of rail services at the adjoining Joondalup Interchange.[8]

The first portion of Stage 3 was opened to the public on 7 December 2007. This portion included the Fashion Mall (located within the old East Mall area), the Station Square precinct, the relocated Food Court, as well as a small selection of speciality retail stores.

The second portion of Stage 3 was opened to the public in April 2008. This allowed access between the lower part of the centre to the adjoining road of Boas Avenue. The remainder of Stage 3 was opened to the public on 4 December 2008.In 2010 the centre was sold to Lendlease and the Future Fund with each owning 50%.[9] [10] [11]

Stage 4

In 2012 the centre began further expansion of the centre to the south. The first stage of the expansion opened in March 2014, and included a new multi-storey carpark (800 bays) and 20 specialty stores. This was shortly followed by the opening of an expanded Coles supermarket. The second stage, consisting of a new Myer department store, a new fashion mall, second food court and alfresco dining precinct, opened in November 2014. In December 2014, a new food court opened above the existing food court adding six new food tenants to the centre.

A third stage of expansion continued throughout 2015. This stage included a number of new food establishments, bars, and specialty fashion retailers.

Architectural features

The most striking feature of the centre is the main area known as The Great Space. It consists of a number of white tent-like structures covering the major area, with a large inbuild centre stage and display area located in the middle. Also inside Lakeside Joondalup Shopping City are many variety stores featured within the "Great Space" which offer a variety of different products to centre customers.

Transport

Adjoining the centre is the Joondalup Interchange, opened in 1993. The station services the Yanchep line as well as numerous Transperth bus routes covering suburbs from Whitfords to Clarkson and beyond.

Facilities

The centre has a number of restrooms facilities located at entry points and lifts throughout the two story section and carparks. The shopping centre also has taxi ranks and set downs at the north, east and west entrances. All are wheelchair accessible.

Major precincts

The centre is divided into a number of areas including:

Notes and References

  1. Web site: Lakeside Joondalup. 30 January 2015.
  2. Web site: About Lakeside Joondalup Shopping City . 2024-06-01 . Lakeside Joondalup. en.
  3. Web site: About Lakeside Joondalup Shopping City . 2024-06-01 . www.lakesidejoondalup.com.au . en.
  4. Web site: Grand Cinemas: About Us. Design. Kinesis Interactive. Grand Cinemas. 2017-01-16.
  5. News: Hoyts buys three cinemas from failed WA chain. The West Australian. en-au. 3 February 2024.
  6. Web site: Redevelopment Update . 2007-07-28 . Lakeside Joondalup Shopping Centre. https://web.archive.org/web/20060504031049/http://www.lakesidejoondalup.com.au/public/retail/CentreRedevelopment.asp . 2006-05-04 . dead .
  7. Web site: Lakeside Joondalup Shopping City . 2007-07-28. Doric Construction.
  8. Web site: ITEM 16 - PROPOSED EXTENSIONS TO LAKESIDE SHOPPING CENTRE FRONTING GRAND BOULEVARD AND BOAS AVENUE ON PART OF LOT 504 JOONDALUP DRIVE . https://web.archive.org/web/20071004211208/http://www.joondalup.wa.gov.au/BUcouncilsupport/agenmin/Briefing/2005/Additional%20Information%20151105.pdf . dead . 2007-10-04 . 2007-07-28. .
  9. News: 54 . Wilmot . Ben . Future Fund behind purchase . . 2012-01-08 . 2010-03-04.
  10. https://www.afr.com/property/future-fund-selling-850m-in-shopping-centres-after-property-exposure-increase-20181024-h17139 Future Fund selling $850m in shopping centres, after property exposure increase
  11. https://www.realcommercial.com.au/news/raising-capital-future-fund-eyes-joondalup-exit-in-450m-shopping-centre-play Raising capital: Future Fund eyes Joondalup exit in $450m shopping centre play