Stockland Rockhampton

Stockland Rockhampton

infobox shopping mall
shopping_mall_name = Stockland Rockhampton


image_width = 150px
caption =
location = Rockhampton, Queensland, Australia
coordinates = coord|-23.3556|150.5221|display=inline|format=dms
opening_date =
closing_date =
developer =
manager =
owner = Stockland
number_of_stores = 220 (after redevelopment)
number_of_anchors = 7
floor_area = convert|53459|m2|sqft|0|abbr=on
floors = 1
parking = 3,100 Bays
website = [http://www.stockland.com.au/Retail/QLD/Regional/StocklandRockhampton/ stockland.com.au]
footnotes = Information from Stockland.

Stockland Rockhampton is a major shopping centre, located on Bruce Highway in North Rockhampton, a suburb of Rockhampton.

History and development

The centre was originally known as Rockhampton Shopping Fair, and was built in two stages, the first opening in 1985 and the second in 1988. It was acquired by Schroders Property Fund along with two other Queensland shopping centres in January 1992,cite news|title=Jobson's Mining Year Book - Schroders Property Fund (D-U-N-S No: 75-100-7469)|author=Dun & Bradstreet|date=1 October 1999] and in March 1996, following a redevelopment focused on the theme "Where The Outback Meets The Reef", the centre won a Certificate of Merit in the International Council of Shopping Centers' 1996 Design Awards Competition. [cite news|title=Major International Award For Rockhampton Shopping Fair QLD (Part A)|author=Schroders Property Fund|work=Australian Stock Exchange|date=27 March 1996] At the time of AMP Asset Management's acquisition of the centre in August 1999, it had a floor area of convert|36137|m2|sqft|0 and was valued at AUD $99 million. [cite news|title=AMP builds top spot $112m Schroders buy-out|date=30 August 1999|work= [http://www.insideretailing.com.au/ Inside Retailing] |page=1] [cite news|title=Achieves $37.4M rise in valuations|author=Schroders Property Fund|work=Australian Stock Exchange|date=31 March 1999]

A internal refurbishment costing AUD $3 million was completed in late 2001 by Byvan, which included a new centre court design, new seating, a new Customer Services desk and new floors through the complex. The food court was revamped in 2002. [cite news|title=Byvan completes refurbishment of Rockhampton Shopping Fair|date=10 December 2001|work= [http://www.insideretailing.com.au/ Inside Retailing] ]

In 2003, property development company Stockland acquired the centre, after selling its Stockland City Centre complex to the JF Meridian Trust. [cite news|title=Stockland Sale, Queensland|date=15 December 2003|work= [http://www.insideretailing.com.au/ Inside Retailing] ] In 2004, following the centre's rebranding as "Stockland Rockhampton", it won the Property Council of Australia's Queensland Shopping Centre of the Year award in the 30,000-50,000 sqm category, with centre management, financial performance, marketing campaigns, operational factors, leasing and community involvement all being cited as reasons considered by the judges. [cite news|title=Rebranding pays dividends for centre|date=11 October 2004|work= [http://www.insideretailing.com.au/ Inside Retailing]
* cite web|url=http://propertycouncil.gravitymax.com.au/sa/page.asp?622=268992&E_Page=17720|title=Sunshine Plaza Named Queensland’s Shopping Centre of the Year|author=Property Council of Australia|date=1 October 2004|accessdate=2007-12-12
] It had been a runner-up for the same award in 1999. [cite news|title=Garden City takes top shopping award|date=8 December 1999|page=25|work=The Courier-Mail]

Redevelopment

Development approval was granted in October 2006 to incorporate the neighbouring Kmart Plaza into the main centre, and construction has commenced.cite book|url=http://stockland.ice4.interactiveinvestor.com.au/Stockland0702/Property%20Portfolio%20June%202007/EN/body.aspx?z=2&p=44&v=1&uid=|title=Stockland Property Portfolio|date=30 June 2007|author=Stockland|pages=44|accessdate=2007-12-12] The redevelopment is expected to cost AUD $100 million and will add approximately 75 specialty stores. Renovations to Kmart Plaza are expected to be completed in September 2009, with completion of the integration is also expected in September 2009.

Annual turnover at the centre for 2007 was $254.9 m AUD, with a book value of $174.0 m.

Transport

The centre is located at the corner of Bruce Highway and Yaamba Road, and is reachable via several suburban bus routes offered by Capricorn Sunbus. [cite web|url=http://www.sunbus.com.au/tt_index_rockhampton.php|title=Capricorn Sunbus - Rockhampton, Queensland, Australia|author=Sunbus|accessdate=2007-12-12] and Young's Buses. [cite web|url=http://www.youngsbusservice.com.au/timetables.html|title=Young's Buses - Rockhampton, Queensland, Australia|author=Young's Bus Service|accessdate=2007-12-12]

Facilities

Stockland is a fully enclosed, single-level regional shopping centre occupying a site of 8.81 hectares. It accommodates seven majors, over 220 specialty shops (after redevelopment), a six screen cinema complex and a swimming pool. Two-thirds of the car parking is undercover and accessed by travelators.

Major retailers

Major retailers within the centre include:
* Best and Less
* Big W
* Coles
* Greater Union
* Kmart
* Pillow Talk
* The Reject Shop
* Woolworths

Major food restaurants

Major food restaurants outside of the centre include:

*Hog's Breath Cafe
*Hungry Jacks
*Sizzler
*Demidos Restaurant
*Nando's

References

External links

* [http://www.stockland.com.au/Retail/QLD/Regional/StocklandRockhampton/ Stockland Rockhampton website]


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