Figtree Grove
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| Location | Figtree, New South Wales, Australia |
|---|---|
| Coordinates | 34°26′10″S 150°51′47″E / 34.436°S 150.863°ECoordinates: 34°26′10″S 150°51′47″E / 34.436°S 150.863°E ⧼validator-fatal-error⧽ |
| Opening date | 23 September 1965 |
| Management | JLL |
| Owner | Hong-Kong subsidiary of The Blackstone Group |
| No. of stores and services | 95 [1] |
| No. of anchor tenants | 3 |
| Total retail floor area | 21,688 m2 (233,448 sq ft)[1] |
| No. of floors | 1 |
| Parking | 863 Bays |
| Website | www |
Figtree Grove (formerly Westfield Figtree) is a major shopping centre, located in Figtree, a suburb of Wollongong, New South Wales, Australia.
History and development[edit]
Westfield Figtree (later Figtree Grove, see below) was opened on 23 September 1965 and started life as a neighbourhood shopping centre.[1][2] It was the second Westfield Shopping Centre to be opened in Australia.
The centre has a current catchment area of 155,045 persons, and retail spending in the catchment area estimated at A$1.6 billion (2005).[1] Annual turnover at the centre for 2008 was 167.4 million with 4.3 million visitors per year.[1] In a 2004 survey conducted by the local city council, it found that the majority of visitors to the centre were attracted by its grocery and department store offerings.[3]
Figtree Grove was sold by Scentre Group to Blackstone Real Estate Asia in August 2015 and will be managed by Jones Lang LaSalle.[4]
Redevelopments[edit]
The centre has been redeveloped three times in its life, the first of these taking place in 1975.[2] This first redevelopment upgraded it from Neighbourhood to Regional shopping centre status, and the largest centre outside the Wollongong CBD.[2] It was again redeveloped in 1987, and 1992.[1] It has recently undergone major renovations internally and externally in 2009, with 15 new shops fitted.
Transport[edit]
The centre can be accessed by multiple transport options, including numerous Premier Illawarra public bus routes, and the nearby Unanderra and Coniston railway stations.[5]
Anchors[edit]
Major retailers operating within the shopping centre include;[1]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 "Property Portfolio - Westfield Figtree". The Westfield Group. Retrieved 2007-07-17.
- ↑ 2.0 2.1 2.2 "Figtree - history". City of Wollongong. Archived from the original on 2007-05-26. Retrieved 2007-07-17.
- ↑ "Crown Street Mall - Rates Survey 2004 and 2002 with analysis" (PDF). Iris Research for City of Wollongong. December 2004. Archived from the original (PDF) on 2007-09-28. Retrieved 2007-07-17.
- ↑ http://www.illawarramercury.com.au/story/3323640/warrawong-figtree-shopping-centres-sold-to-global-firm/
- ↑ "Public Transport - Westfield Figtree". The Westfield Group. Archived from the original on 2007-09-30. Retrieved 2007-07-17.
External links[edit]
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