Westfield Bondi Junction

infobox shopping mall
shopping_mall_name = Westfield Bondi Junction

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image_width = 250
caption =
location = Bondi Junction, Sydney, New South Wales, Australia
opening_date = 2003
developer = Westfield Design and Construction Pty Ltd)cite web | title=earthmover.com| work=Westfield-ising Bondi Junction | url=http://www.earthmover.com.au/Storage/IsgResourceFile/Oct-2003/23/westfield.pdf | accessdate=08 January | accessyear=2007]
manager = The Westfield Group
owner = The Westfield Group
number_of_stores = 352 cite web | title=westfield.com/corporate | work=Westfield group | url=http://westfield.com/corporate/about/ | accessdate=19 November | accessyear=2006]
number_of_anchors = 5 [http://www.westfield.com/corporate/property-portfolio/australia/bondijunction.html Westfield Property Portfolio: Bondi Junction] , accessed June 21, 2008]
floor_area = 104,000m²
floors = 8 (Parking and Retail)
website = [http://www.westfield.com/bondijunction/ westfield.com/bondijunction]
parking = 3,297 parking spacescite web | title=westfield/corporate | work=Westfield Group - Westfield Bondi Junction | url=http://westfield.com/corporate/retailer/au/bondijunction.html | accessdate=08 January | accessyear=2007]

Westfield Bondi Junction is a large, upmarket shopping centre located in the suburb of Bondi Junction in Sydney, New South Wales, Australia. With a gross lettable area of 131,579m², it is the 2nd largest shopping centre in New South Wales and the 6th largest in Australia. It currently has 352 stores.

See: List of Shopping Centres in Australia by size

The Westfield Group is the largest retail property group in the world and owns 121 shopping centres in four countries.cite web | title=westfield.com/corporate | work=Westfield group | url=http://westfield.com/corporate/about/ | accessdate=19 November | accessyear=2006]

Today the centre’s major tenants include two supermarkets, two department stores, a discount department store and a cinema.

Unlike most Westfield shopping centres, Westfield Bondi Junction caters for the upmarket consumer.cite web | title=bandt.com.au | work=New Westfield Bondi is not for families | url=http://www.bandt.com.au/news/cc/0c0268cc.asp | accessdate=22 November | accessyear=2006]

History

Anchor Tenants
*Coles
*David Jones
*Greater Union
*Harvey Norman
*Myer
*Target
*Woolworths

Westfield Bondi Junction is built on land that was originally occupied by three separate retail buildings. The oldest of these was built by Grace Bros. in 1933 and continued to be occupied until the recent redevelopment. The land was also occupied by the Carousel Centre which had opened in the 1970s and Bondi Junction Plaza. In 1994 Westfield bought a controlling stake in Bondi Junction Plaza from AMP and renamed it Westfield Bondi Junction Plaza. In 2000, Westfield purchased the Carousel Centre and the remaining stake in Bondi Junction Plaza.cite web | title=infolink.com.au | work=Westfield building landmark Bondi Junction | url=http://www.infolink.com.au/articles/A5/0C010BA5.aspx | accessdate=22 November | accessyear=2006]

The redevelopment took six years for approval to be gained. This was because the shopping centre is located on the border of Waverley and Woollahra Local Government Areas. In 1997 the Minister for Urban Affairs and Planning, Craig Knowles, approved the initial concept for a redeveloped shopping centre. Following the purchase of the Carousel Centre in 2000, a new expanded scheme was submitted for approval. In 2001 the New South Wales Minister for Planning, Frank Sartor approved the development despite the two councils objections. The scale of the development was the main reason for the delayed approval process. This included four levels of parking and two levels of shops underground reaching 25 metres below as well as three levels of shops and four levels of parking above ground. In addition a 70 metre tunnel and a 12 metre wide double storey pedestrian bridge above ground. The redevelopment incorporates 458 retailers and was completed in August 2004.cite web | title=westfield.com | work=Westfield Bondi Junction - Our Stores | url=http://westfield.com/bondijunction/ourstores/index.html | accessdate=05 January | accessyear=2007]

Located in the Eastern Suburbs of Sydney, Westfield Bondi Junction caters for singles and couples who enjoys a significant level of affluence.cite web | title=bandt.com.au | work=New Westfield Bondi is not for families | url=http://www.bandt.com.au/news/cc/0c0268cc.asp | accessdate=22 November | accessyear=2006]

Westfield Bondi Junction has been blamed for the downturn in trade in surrounding shopping hubs. The nearby Oxford Street, in Paddington is one example. Retail trade in that location dropped 30% in the four months after the opening of the shopping centre with other locations in Double Bay and Woollahra experiencing similar downturn in trade.cite web | title=smh.com.au | work=Store wars | url=http://www.smh.com.au/news/National/Store-wars/2005/04/29/1114635748252.html | accessdate=22 November | accessyear=2006]

Statistics

Westfield Bondi Junction is notable statistically among the international portfolio of the Westfield Group. The centre had the highest sales internationally among the group for the 2005 calendar year.

*Number of Shops: 445 shops (3rd)cite web | title=westfield/ourstores | work=Westfield - our stores | url=http://westfield.com/bondijunction/ourstores/index.html | accessdate=29 September | accessyear=2007]
*Area: 104,000m² cite web | title=westfield/ourstores2 | work=Westfield - our stores2 | url=http://westfield.com/bondijunction/ourstores/index.html | accessdate=19 January | accessyear=2008]
*Sales: AUD $754 million (1st)cite web | title=westfield/corporate | work=Westfield Annual Report 2005 | url=http://westfield.com/corporate/pdf/reports/2005AnnualReports/Group_AR_210306.pdf | accessdate=05 January | accessyear=2007]
*Book Value: AUD $1,502 million (1st)cite web | title=westfield/corporate | work=Westfield Annual Report 2005 | url=http://westfield.com/corporate/pdf/reports/2005AnnualReports/Group_AR_210306.pdf | accessdate=05 January | accessyear=2007]
*Value per Area: AUD $11,517.45m² (2nd)cite web | title=westfield/corporate | work=Westfield Annual Report 2005 | url=http://westfield.com/corporate/pdf/reports/2005AnnualReports/Group_AR_210306.pdf | accessdate=05 January | accessyear=2007]

Access

Westfield has 3,297 parking spaces available to customers.cite web | title=westfield.com/corporate | work=Westfield Group - Westfield Bondi Junction | url=http://westfield.com/corporate/retailer/au/bondijunction.html | accessdate=05 January | accessyear=2007] It is also located opposite Bondi Junction railway station that has train services to the city and adjacent to the famous Bondi Junction transport interchange that has bus service running to various regions throughout the Eastern suburbs and Sydney operated by State Transit.cite web | title=sydneybuses.info | work=Sydney Buses Timetables | url=http://www.sydneybuses.info/timetable/index | accessdate=22 November | accessyear=2006]

See also

List of shopping centres in Australia

References

External links

* [http://westfield.com/bondijunction/index.html Westfield Bondi Junction]
*Mapit-AUS-suburbscale|long=151.251|lat=-33.892