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Sunshine_Plaza

Sunshine Plaza

The Sunshine Plaza is a large regional shopping centre located in Maroochydore on Queensland's Sunshine Coast. The Sunshine Plaza has a number of major stores and supermarkets. These include Coles, Woolworths, Myer, Kmart, Target, and Birch Carroll & Coyle cinemas. On top of this, there are approximately 220 specialty stores, cafes, restaurants and other services. The Sunshine Plaza is managed by Lend Lease.

History

Previously a shopping centre called "The Sands", Sunshine Plaza started as a redevelopment of this centre and began trading in 1994. It now has 62,000 m² of net lettable area with major tenants including Myer, Target, Kmart and Birch Carroll & Coyle.. A recent expansion included the addition of a Woolworths supermarket, a new leisure and restaurant precinct, and the expansion of the Birch Carroll & Coyle cinema complex was completed in 2002.

In early 2005 it was announced that Westfield will take a 25 percent stake in Sunshine Plaza with clearance from the ACCC. The General Property Trust wanted to sell its stake, but joint owners Lend Lease (through APPF Retail) had argued that they had exercised their pre-emptive rights over the centre, which gave them the rights to buy any part that GPT wants to sell before anyone else can buy it.

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