Sunshine Plaza

For the Disney California Adventure Park themed land formerly called Sunshine Plaza, see Buena Vista Street.
Sunshine Plaza
Location Sunshine Coast, Australia
Opening date 1994
Developer Lend Lease
Management Lend Lease
Owner Lend Lease
No. of stores and services 220[1]
No. of anchor tenants Myer, Kmart, Target, Woolworths, Coles Superstore, Birch Carroll & Coyle Cinemas,
No. of floors 2
Parking n/a
Website http://www.sunshineplaza.com

Sunshine Plaza is a large regional shopping centre located in Maroochydore, Queensland. Major retailers included in the centre are Coles, Woolworths, Myer, Kmart, Target,and a 12-screen Birch Carroll & Coyle cinema. The centre is managed by Lend Lease.[2]

History

Previously operating under a different structure, the centre began trading in 1980 as The Sands Shopping Centre.[3] The Lend Lease Corporation purchased the centre in 1990 and began redevelopment of the site. The new centre began trading in 1994 under the new name Sunshine Plaza. It contains approximately 62,000 square metres of floor space; increased by recent expansions in the early 2000s. The latest expansion (completed in 2002) included the addition of a Woolworths supermarket, a new leisure and restaurant precinct, and the expansion of the Birch Carroll & Coyle cinema complex.[4]

In early 2005 it was announced that the Westfield Group would take a 25 percent stake in Sunshine Plaza with clearance from the ACCC.[5] The General Property Trust wanted to sell its stake, but joint owners Lend Lease (through APPF Retail) had argued that they had exercised their pre-emptive rights over the centre, which gave them the rights to buy any part that GPT wants to sell before anyone else could buy it.[6]

In mid-2010, it was announced that David Jones was planning to open a two level store, after a development application was submitted to the Sunshine Coast Council in August.[7]

Future

A $350 million makeover is planned and been approved by Sunshine Coast Councils. The proposed plan continues west along Cornmeal Creek includes introducing retailing giant, David Jones into a two storey site. On top of this there will be a further 1500 car spaces, 120 more speciality retail and restaurant spaces and an expansion of the Myer department store. Lendlease have released info on Sunshine Plaza Expansion Plans

See also

References

  1. ↑
  2. ↑ Development application approved for Sunshine Plaza retrieved 27 January 2007
  3. ↑ Maroochydore & Cotton Tree Suburb Profiles
  4. ↑ Sunshine Plaza - GPT Group
  5. ↑ Australian Competition and Consumer Commission ACCC not to oppose Westfield acquisitions
  6. ↑ GPT Wrangle over Sunshine Plaza, AAP
  7. ↑ "David Jones hopes to open a story at Sunshine Plaza at Maroochydore". The Courier-Mail. 9 August 2010. Retrieved 4 November 2010.

External links

Coordinates: 26°39′16″S 153°05′18″E / 26.65444°S 153.08833°E