Willows Shoppingtown
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| Willows Shoppingtown | |
| Facts and statistics | |
|---|---|
| Location | Kirwan, Queensland, Australia |
| Management | DB RREEF |
| Owner | DB RREEF |
| No. of stores and services | 84 |
| No. of anchor tenants | 3 |
| Total retail floor area | 24,934 m² (268,387 sq ft) |
| Parking | 1,700 Bays (approx) |
| Website | willowsshoppingtown.com.au |
| Footnotes | |
| Information from DB RREEF. [1] | |
Willows Shoppingtown is a sub-regional shopping centre, located in Kirwan, a suburb of Townsville, Queensland.
Contents |
[edit] History and Development
The centre was purchased by DB RREEF in 2006 for approximately $100 m AUD (2006).[2]
[edit] Redevelopments
In a media release by the local council, they claimed to be expecting a commercial building application from the owners of the center valued at some $50 m AUD (2006).[3] The development plans for the centre were claimed to have been lodged in August of that year, but did not proceed at the decision of the developer.[4]
In a change of direction, the owners of the centre put the expansion plans to public comment in November 2007.[5] According to the owners, the center would be expanded along it's northern axis, rather than the western axis as first proposed.[5] While the size of the centre's expansion would remain the same, the change in location would mean the proposed discount department store would be some 8,500 m² (91,493 sq ft) and not 5,500 m² (59,202 sq ft) as previous proposed.[5]Big W is to occupy the proposed discount department store site.[6]
Construction on the expansion is expected to commence in the second half of 2008 subject to council approval, with works taking 18 months to complete.[5] Included within the original expansion area of 12,500 m² (134,549 sq ft) were an an additional 35 speciality outlets and 240 parking bays.[4][2] This has been revised to 50 additional speciality outlets and 600 car bays.[5]
[edit] Transport
The centre is serviced by public transportation run by Sunbus Townsville.
[edit] Facilities
Major retailers within the centre include:
Major food retailers within the centre include:
[edit] References
- ^ Leasing - Willows Shoppingtown (en-au). Retrieved on 2007-12-26.
- ^ a b "Townsville appeals to Deutsche fund", Inside Retailing, 2006-10-23, pp. 9. Retrieved on 2007-12-26. (en-au)
- ^ Big year ahead for commercial development in Thuringowa (en-au). City of Thuringowa (2006-09-14). Retrieved on 2007-12-26.
- ^ a b Raggatt, Tony. "Sale confirmed Willows owner buys Cannon Park, Sunland", Townsville Bulletin, 2006-10-18, pp. 4. Retrieved on 2007-12-26. (en-au)
- ^ a b c d e O'Reilly, Jennifer. "New direction - Feedback wanted for centre", Townsville Bulletin, 2007-11-15, pp. 9. Retrieved on 2007-12-26. (en-au)
- ^ DB RREEF Wholesale Property Fund (DWPF) to Redevelop Willows Shoppingtown, Townsville | Queensland
