An aerial of The Glen Shopping Centre after the redevelopment.THE GLEN Shopping Centre was opened in 1967 with around 30 shops and a department store, originally Lindsays but taken over by Target, and had around 600 car spaces. But what impact will the more than $500M redevelopment have?
“In 1991, the centre expanded to 120 retailers, with a 100 per cent increase in car spaces to 1,200,” said Ray White Commercial Glen Waverley Managing Director Ryan Trickey.
“In 1996, the biggest expansion took place, with an extension to 170 stores and retail power David Jones joined their list of retailers.
“In 2015, there was a circa $500M commitment to the centre to increase the specialty stores to over 240 and include a new generation David Jones, with an increase to around 78,000sq m, approximately 30,000sq m more commercial space than previous.
“We’ve just finished the commercial redevelopment portion of the build with a mix of premium food and fashion all taking part. There’s a significant residential element to follow – with construction underway at this time.