Midland Gate
LocationMidland, Western Australia, Australia
Coordinates31°53′23″S 116°00′37″E / 31.889612°S 116.010261°E / -31.889612; 116.010261 (Midland Gate Shopping Centre)
Opening dateMarch 1980 (1980 -03)
ManagementFawkner Property, PAG
WebsiteOfficial website Edit this at Wikidata

Midland Gate is a shopping centre located in Midland, Western Australia. It is north of Great Eastern Highway, and east of the earlier Midland Junction shopping area that was focused on the Great Northern Highway.

Midland Gate is one of three shopping centres in Western Australia with all three discount department stores – Kmart, Target and Big W, with the other two being Mandurah Forum and Lakeside Joondalup. It has over 200 specialty stores, three supermarkets (Coles, Aldi and Woolworths), a fresh food mall, food court and an eight-screen Ace Cinema Complex.

History

Swan City Shopping Centre opened in March 1980, with Midland Gate as a separate centre and Sayer Street dividing them. Sayer Street closed in the early 1990s and a pedestrian mall was created, which unofficially merged the Midland Gate and Swan City shopping centres together. The first expansion of Midland Gate occurred in 1995, with the structure removed and Midland Gate officially absorbing Swan City.

In the early 2000s expansions were delayed,[1] until the mid-2000s when the delays were no longer present. Redevelopment was celebrated in 2004.[2][3][4]

Midland Gate was handed over to Novion in 2015. Previously, it was owned by Colonial First State.[5][6] The centre had a $100 million expansion and refurbishment which began in 2017.[7] Completed in March 2019, the redevelopment saw the arrival of Aldi, JB Hi-Fi, Harris Scarfe, and Rebel to the centre.[8]

In September 2023, Asian private equity firm PAG acquired the centre for around $465 million.[9]

References

  1. ↑ "Midland Gate stalled", Australasian Business Intelligence, COMTEX News Network, Inc: 1008354i8704, 20 December 2001, ISSN 1320-6680
  2. ↑ Gallop, Geoff (2004), Gallop, Geoff. Launching the Start of the Midland Gate Shopping Centre Redevelopment, Midland Gate Shopping Centre, 3 August 2004, retrieved 23 September 2023
  3. ↑ "More people spur centre expansions", Australasian Business Intelligence, COMTEX News Network, Inc, 7 November 2006, ISSN 1320-6680
  4. ↑ "Midland's makeover sparks a $644m lift", Australasian Business Intelligence, COMTEX News Network, Inc, 6 September 2005, ISSN 1320-6680
  5. ↑ "Vicinity Centres, Our Retail Centre".
  6. ↑ http://www.realestateplus.com.au/2016/01/midland-gate-shopping-centre/
  7. ↑ Redman, Elizabeth (22 May 2017). "Vicinity plans $100m expansion of Perth mall". The Australian. Retrieved 22 September 2023.
  8. ↑ Lenaghan, Nick (7 May 2019). "Vicinity fund puts $650m mall on the market in WA". Australian Financial Review. Retrieved 22 September 2023.
  9. ↑ Wilmot, Ben (20 September 2023). "PAG hits its straps with $465m shopping centre purchase in Perth". The Daily Telegraph. Retrieved 22 September 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.