Warrawong Plaza Explained

Warrawong Plaza
Location:Warrawong, New South Wales, Australia
Coordinates:-34.4861°N 150.889°W
Manager:JLL
Owner:Elanor Investors Group
Number Of Stores:140[1]
Number Of Anchors:6
Floor Area:575820NaN0
Floors:2
Parking:2,167 spaces

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 575820NaN0, it is currently the third largest shopping centre in the Illawarra region.

History and development

Warrawong Plaza originally opened in 1960 as Lake Market Shopping Centre.

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

Redevelopments

Upon acquisition by the Westfield Group in 1985, the centre was extensively redeveloped and relaunched as Westfield Warrawong in 1988. Further extensions were conducted in 1996, adding a 60000NaN0 Big W to the centre.[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 575820NaN0 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.

Notes and References

  1. http://westfield.com/corporate/property-portfolio/australia/warrawong.html Property Portfolio – Westfield Warrawong
  2. Web site: Warrawong – history . 17 July 2007 . . https://web.archive.org/web/20070310234510/http://www.wollongong.nsw.gov.au/library/localinfo/warrawong/history.html . 10 March 2007.
  3. News: Eric . Craig . Retales . Inside Retailing . 2 September 1996.
  4. Book: Jobson's Year Book . Dun & Bradstreet Marketing Pty Ltd . 37164161 .
  5. Web site: Warrawong, Figtree shopping centres sold to global firm. 2 September 2015.
  6. News: Bing keeps troublemakers at bay . . 8 July 1999 .
  7. News: Crosby drives teens from Aussie mall . . 8 July 1999 . dead . https://web.archive.org/web/20060917011633/http://www.cnn.com/SHOWBIZ/News/9907/08/showbuzz/ . 17 September 2006 .
  8. News: Vandalism may end night bus service . Australian Broadcasting Corporation. 29 March 2005 .