$500 million Glen Shopping Centre commercial redevelopment completed

The commercial redevelopment portion of The Glen Shopping Centre $500 million redevelopment has finished, with a residential element to follow. 

The Glen Shopping Centre in Glen Waverley, Victoria was opened in 1967 with around 30 shops and a department store and had around 600 car spaces.

“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 player David Jones joined their list of retailers.

In 2015, there was a circa $500 million commitment to the centre to increase the specialty stores to over 240.

It includes a new generation David Jones, with an increase to around 78,000sqm, about 30,000sqm 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," Mr Trickey said.

Mr Trickey said Glen Waverley was flanked by several large shopping precincts, Chadstone, East Land, Westfield Knox and Box Hill.
 
“Without the upgrade, the local area could’ve fallen victim to these other large draw cards with retailers moving to other areas."
 
“The redevelopment offers more dwelling in the activity center (a state government and council objective) and more retail and entertainment to service this influx of residents.”