Lidcombe Shopping Centre
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| Location | Lidcombe, New South Wales, Australia |
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| Coordinates | 33°50′58″S 151°02′56″E / 33.849392°S 151.048916°E |
| Address | 92 Parramatta Rd, Lidcombe NSW 2141 |
| Opening date | 2005 |
| Management | JLL |
| Owner | Private Investor |
| No. of stores and services | 71 |
| No. of anchor tenants | 5 |
| Total retail floor area | 29,652 m2 (319,170 sq ft)[1] |
| No. of floors | 2 |
| Parking | 1,085[1] |
| Website | www |
Lidcombe Shopping Centre is a shopping centre in the suburb of Lidcombe in Greater Western Sydney[2], Australia.
Transport
[edit]The Metrobus M92 bus from Sutherland to Parramatta passes through Lidcombe Centre. The bus stop is located on John Street and is a five minute bus ride from Lidcombe Station to the centre.
Lidcombe Shopping Centre has a multi level car park with 1,085 spaces.
History
[edit]Auburn Power Centre opened in 2006 on the site of the old Ford Fury car yard, office and warehouse building which was demolished in 2005. It was a bulky goods centre that featured Anaconda, Spotlight, Dick Smith Powerhouse, Discount Party Warehouse, a Ten Pin Bowling Alley and around 30 stores.[3] Auburn Power Centre was renamed Lidcombe Power Centre in 2009. American retailer Costco opened its second Australian store across the road from Lidcombe Power Centre in late July 2011.[4] Dick Smith closed its store in 2012.[5]
Despite population growth in the area, Lidcombe Power Centre was facing a decline because it lacked a supermarket and discount department store.[6] On 10 November 2014, Lidcombe Power Centre went through a $120m redevelopment that transformed the centre from a bulky goods centre to a sub-regional shopping centre. The centre was to be called The Marketplace Auburn. Leading retailers including Woolworths, Aldi and Kmart were added to the centre. Anaconda and Spotlight have continued trading during the redevelopment and moved to the new part of the centre when the redevelopment was completed. Discount Party Warehouse and Tenpin City have remain at their original locations.
This centre was developed by Newmark Capital Ltd and the APN Property Group Ltd. Up to 1000 new jobs were created as a result of the redevelopment.[7]
The centre is now known as the Lidcombe Centre and opened late August 2015.[8]
In October 2018, Vicinity Centres sold Lidcombe Shopping Centre to a private investor for $145 million.[9][10]
In December 2023, Anaconda permanently ceased its operation in Lidcombe Shopping Centre.[citation needed] The space was replaced by KMALL09 and TK Maxx.[citation needed]
Tenants
[edit]Lidcombe Shopping Centre has 29,652m² of floor space. The major retailers include Kmart, Aldi, Woolworths, Daiso, Discount Party Warehouse, Spotlight, Tenpin City, TK Maxx and KMALL09.
References
[edit]- ^ a b "Lidcombe Centre". Vicinity Centres. Retrieved 5 March 2017.
- ^ "Lidcombe Centre for lease". JLL Property Portal. Retrieved 21 October 2020.
- ^ "AUBURN LIFESTYLE CENTRE - POWER CENTRE Project in Lidcombe, NSW - Cordell Connect". www.cordellconnect.com.au. Retrieved 21 October 2020.
- ^ Benny (17 September 2011). "why is sydney crazy about costco?". ben.ism. Retrieved 7 August 2016.
- ^ "Dick Smith using sales to move stock at closing Sydney stores - Appliance Retailer". 7 May 2012. Retrieved 7 August 2016.
- ^ "New Lease on Life: Reinvigorating Underperforming Retail Centres | i2C". www.i2c.com.au. Retrieved 7 August 2016.
- ^ "Work begins on 120 million Marketplace Auburn up to 1000 jobs to be created".
- ^ "Lidcombe Shopping Centre Grand Opening! | i2C". www.i2c.com.au. Retrieved 21 October 2020.
- ^ "Private investor pays $145m for Sydney's Lidcombe Centre". www.theaustralian.com.au. Retrieved 21 October 2020.
- ^ "Vicinity-run Lidcombe changes hands for $145m". Australian Financial Review. 17 October 2018. Retrieved 21 October 2020.