Centro The Glen
Encyclopedia
Centro The Glen is a major regional shopping centre located in Glen Waverley
Glen Waverley, Victoria
Glen Waverley is a suburb in Melbourne, Victoria, Australia, 19 km south-east from Melbourne's central business district. Its Local Government Area is the City of Monash...

, Victoria
Victoria (Australia)
Victoria is the second most populous state in Australia. Geographically the smallest mainland state, Victoria is bordered by New South Wales, South Australia, and Tasmania on Boundary Islet to the north, west and south respectively....

, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

. The head offices of Centro Properties Group
Centro Properties Group
Centro Properties Group, commonly known as 'Centro', is an Australian company which provides retail property ownership and management services. It is a listed company with securities traded on the Australian Securities Exchange. The multinational company owns and operates shopping centres in...

 are located in the centre.

Major retailers include David Jones
David Jones Limited
David Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...

, Target
Target (Australia)
Target Australia Pty Ltd is an Australian department store chain owned by Wesfarmers . It operates 172 Target stores and 119 Target Country stores making 291 combined stores with its head office located in North Geelong, Victoria. It sells clothing, cosmetics, toys, homewares, electrical and...

, Woolworths, Dick Smith Electronics
Dick Smith Electronics
Dick Smith is an international electronics retailer, founded in 1968 by Richard "Dick" Smith. Today, it is a subsidiary of Woolworths Limited, incorporating Tandy, and the remaining Dick Smith Powerhouse Stores...

, Thomas Dux Grocer, Villa and Hut and Coles
Coles Supermarkets
Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers. It has 741 stores nationally Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers. It has 741 stores nationally Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers. It has 741...

. It is one of the five shopping centres in Melbourne which has a David Jones.

History

The Glen first opened in 1967 with a Woolworths, a Target and 30 specialty shops and 600 car parking spaces. It was owned by the Shell and BHP Superannuation Funds. In 1991, the centre expanded to 120 stores, including a Best & Less and 2,000 car parking spaces. In addition, a food court, multiple levels of undercover car parking and travelators were added. At this point, Centro Properties took over the management of the centre. In February 1994, Centro acquired a 50% interest in the centre at a cost of A$37 million, with the two superannuation funds retaining 25% each; the Safeway was redeveloped at this time.

A major expansion in 1996 costing A$8 million saw the number of retailers expand to 170, including the opening of the first suburban David Jones
David Jones Limited
David Jones Limited , colloquially known as DJs, is a high-end Australian department store chain.David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is claimed to be the oldest continuously operating department store in the world still trading under its original name. It...

 store in Melbourne, with an official launch on 22 May 1996. In August 1999, a new consortium, Glen Property Trust in which Centro had a 50% interest, bought out the superannuation funds' stake in the centre at a price of A$81.5 million, taking Centro's stake in the centre to 75%. In June 2000, Centro acquired the final 25% share.

Centro The Glen now has over 200 stores with over 2,500 car parking spaces following a refurbishment in 2009 and now includes Rebel Sport, Thomas Dux Grocer
Thomas Dux Grocer
Thomas Dux is a chain of gourmet grocery stores launched by Woolworths in 2008..In May 2009, Woolworths announced the acquisition of up to nine store leases from Macro Wholefoods with the intention to rebadge the stores. The first of the rebadged stores opened in August 2009.-Current stores:-Future...

 and Harris Scarfe
Harris Scarfe
Harris Scarfe Department Stores was founded in Adelaide, South Australia in 1849. At its peak, Adelaide was home to several major South Australian department stores , of which Harris Scarfe is the sole...

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