Sunshine Plaza
Encyclopedia
Sunshine Plaza is a large regional shopping centre located in Maroochydore, Queensland
. Major retailers included in the centre are Coles
, Woolworths
, Myer
, Kmart
, Target
, Homeart, and a 12-screen Birch Carroll & Coyle
cinema
. The centre is managed by Lend Lease
.
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.
In early 2005 it was announced that the Westfield Group would take a 25 percent stake in Sunshine Plaza with clearance from the ACCC
. 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.
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.
Maroochydore, Queensland
Maroochydore is an urban centre on the Sunshine Coast, Queensland, Australia.Maroochydore is a major commercial area of the Sunshine Coast with most shopping precincts located in the central business district. It is home to the Sunshine Plaza shopping centre and the Sunshine Coast's major bus...
. Major retailers included in the centre are 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...
, Woolworths
Woolworths (supermarkets)
Woolworths is the largest supermarket chain in Australia, owned by Woolworths Limited.-History:Woolworths Limited was founded in 1924, with the first store opening up in Sydney's Imperial Arcade.-2008 rebranding:...
, Myer
Myer
Myer is Australia's largest department store chain, retailing a broad range of merchandise including women's, men's and children's clothing, footwear and accessories; cosmetics and fragrance; homewares; electrical; furniture and bedding; toys; books and stationery; food and confectionery; and...
, Kmart
Kmart Australia
Kmart Australia Limited is a discount department store chain owned by Wesfarmers. It operates 172 stores in Australia and 15 in New Zealand, with its head office located in Mulgrave, Victoria. Wesfarmers uses the Kmart name under licence from Sears Holdings Corporation.-History:Kmart Australia...
, 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...
, Homeart, and a 12-screen Birch Carroll & Coyle
Greater Union
Greater Union, Birch Carroll and Coyle, Event Cinemas, Skycity Cinemas and Damodar Village Cinemas together form a chain of cinema multiplexes across Australia, New Zealand and Fiji...
cinema
Movie theater
A movie theater, cinema, movie house, picture theater, film theater is a venue, usually a building, for viewing motion pictures ....
. The centre is managed by Lend Lease
Lend Lease Corporation
Lend Lease Group is a global property and infrastructure company headquartered in Sydney, Australia...
.
History
Previously operating under a different structure, the centre began trading in 1980 as The Sands Shopping Centre. The Lend Lease CorporationLend Lease Corporation
Lend Lease Group is a global property and infrastructure company headquartered in Sydney, Australia...
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.
In early 2005 it was announced that the Westfield Group would take a 25 percent stake in Sunshine Plaza with clearance from the ACCC
Australian Competition and Consumer Commission
The Australian Competition and Consumer Commission is an independent authority of the Australia government. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the Trade Practices Act 1974...
. The General Property Trust
General Property Trust
General Property Trust Limited , trading as GPT Group, is an Australian company that is a property investor and manager in Australia, Europe and the United States...
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.
In mid-2010, it was announced that 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...
was planning to open a two level store, after a development application was submitted to the Sunshine Coast Council in August.