Location | Indooroopilly, Brisbane Australia |
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Coordinates | 27°30′00″S 152°58′20″E / 27.50000°S 152.97222°ECoordinates: 27°30′00″S 152°58′20″E / 27.50000°S 152.97222°E |
Opening date | 1970 |
Developer | Eureka Funds Management |
Management | Eureka Funds Management as Investment Manager |
Owner | Commonwealth Superannuation Corporation |
No. of stores and services | 360 |
No. of anchor tenants | Ten |
Total retail floor area | Approx 115,000 m² |
No. of floors | Four |
Parking | 4,700 spaces |
Website | http://www.indooroopillyshopping.com.au/ |
Indooroopilly Shopping Centre (formerly Indooroopilly Shoppingtown) is a major regional shopping centre in the western suburb of Indooroopilly in the City of Brisbane, Queensland, Australia. It hosts over 360 specialty stores and is the largest shopping centre in the western suburbs of Brisbane, by gross lettable area, and contains the only Myer store in that region.
The centre was constructed and opened in 1970 by The Westfield Group. The entire area was first cleared of the residents and their homes, mostly Queenslander style houses. At its opening, it was reputedly the largest shopping mall in the Southern Hemisphere. This title has since been overtaken by newer centres. The centre has undergone extensive renovations since its opening. Some of these include an 8 screen cinema complex operated by Birch Carroll and Coyle in 1987, the addition of a third level in 1995 and the extension and upgrade of the cinema complex into a 16 screen (including Gold Class) Megaplex in 1998. Until 2000, Indooroopilly Shopping Centre was known as Westfield Shoppingtown Indooroopilly.
In 2000, The Westfield Group sold its 50% joint venture stake in the centre to Commonwealth Funds Management (CFM) for $300 million. CFM, through its management of the Commonwealth Property Fund (CPF), was the other partner in the joint venture, owning the other 50% stake and giving them full ownership of the centre as a result of the sale. In 2005, CPF (while managed by Colonial First State Property) sold 50% of the centre to the Public Sector and Commonwealth Superannuation Schemes (PSS/CSS). Indooroopilly Shopping Centre is owned by Commonwealth Superannuation Corporation and is managed by Eureka Funds Management as Investment Manager.
A $450 million redevelopment was completed in 2014 including a David Jones store, a revitalised Myer store, a new Coles supermarket to join Woolworths and a new outdoor dining precinct. 120 new specialty stores, including Australian and international fashion brands, were added taking the total number of specialty stores to 360.
The centre introduced an advanced parking system in September 2015. The new parking system (the first in a Queensland shopping centre) is ticketless relying on license plate recognition. As a part of the controlled parking initiative, a parking guidance system has been introduced using LED-based space indicators and electronic display boards to advise customers of available car parking spaces.