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#1 |
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Registered User
Join Date: Dec 2007
Posts: 151
Likes (Received): 4
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NT/DARWIN -#PROJECT: Casaurina Square Expansion (including Myer)
http://www.ntnews.com.au/article/201...-business.html
In the print version a budget of $220M is mentioned. So a quick and dirty calc makes it about 30,000 m2 in expansion. Myer + at Cas square would make retail in the city pretty much redundant. Darwin city will be an office campus, with some restuarants and hotels but no retail. It can't compete now, myer will be the death blow.
Last edited by seanoff; October 15th, 2011 at 07:58 AM. |
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#2 |
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I fly a bluebox WHO am I?
Join Date: May 2008
Location: The river city
Posts: 2,745
Likes (Received): 52
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What about discount departments? Does Darwin have any major department stores in the city CBD? A big W / Kmart? Or just dominated by Woolies & Coles?
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#3 | |
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Registered User
Join Date: Dec 2007
Posts: 151
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Quote:
Target is at Palmerston. the city has a woolies and small coles and a bunch of independent retailers. nearly all of the national brands only exist at Cas. |
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#4 |
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Registered User
Join Date: Sep 2008
Location: Darwin
Posts: 188
Likes (Received): 6
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Including Smiggle....
![]() Darwin city still has ALL the restaurants, 95% of bars, 100% of Nightclubs, 95% of art, 95% of entertainment. I don't think Myer competes with a lot of the existing retailers in Darwin City who are primarily small and niche. Although its only an 18 minute drive from Cas to Darwin City, I think focus need to be put into transportation between the City and Cas. Myer has a vested interest in getting the "money" from Darwin City to Cas (all those lawyers and tourists) and a clean safe usable and airconditioned transportation solution should be considered. I hereby declare again - Skytrain/Monorail between the city and Cas must be built, including the casino and airport. Now is the time. It wont make money for years - but that's ok. This transport is infrastructure that will pay for itself eventually. Maybe I should start building the business case for this thing. |
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#5 | |
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Registered User
Join Date: Dec 2007
Posts: 151
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Quote:
Attitude carries Ben Sherman, Hugo Boss, Levis etc, all at Myer. the swimwear shops with Seafolly, Jets, etc all at Myer nearly all of the shoe shops are looking down the barrel. the dress shops can't compete on range or likely price. on top of that. Cas has all the national brands, the city has basically none. Cas has 2 large and one smaller discount department stores and 2 supermarkets + jb hi-fi and the cinemas. it's a pretty full service family shopping and entertainment precinct. then there is the small matter of a fully airconditioned place with free parking, nobody humbugging you and the threat of a $40 fine if you dare park for 2 minutes longer than your allowance. retailers in the city are pushing shit up hill with a wide space rake ATM, Myer + will be a death blow. There just won't be any reason for people to go into the city. |
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#6 |
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©
Join Date: Feb 2006
Location: Adelaide
Posts: 5,127
Likes (Received): 19
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I gotta agree with Sean, Myer will do some serious damage to the future of retailing in the city. But meh let's face it, like or not but Casuarina will also be the main retail precinct in Darwin. Target will most likely end up opening a store in the city in the future anyway...
This news however does sound very promising, Darwin rightfully deserves Myer. It's long overdue and there is definitely demand there for an upmarket department store, not to mention this would bring some class to that horrid shopping complex and Darwin itself. This would also boast the local economy by attracting locals from going interstate or overseas for some decent clothes etc. It's a win win situation for Darwin! I seriously hope this potential expansion includes an complete refurb of the entire complex, including that horrible bus interchange. |
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#7 |
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Registered User
Join Date: Dec 2007
Posts: 151
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![]() the above is the smith st mall at 3.15pm Thurs 13 Oct 2011. and apart from lunch this is pretty much how it is. you'd hope for a few more people than this if you were a retailer in the mall. |
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#8 |
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Registered User
Join Date: Oct 2008
Location: Cairns and Christchurch
Posts: 2,525
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Here in Cairns we have a Myer in our Cairns Central mall so gets most of the CBD shoppers, while heaps of shops are now vacant throughtout the city but thats mainly due to the effect of the tourism downturn and not Myer
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#9 |
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Registered User
Join Date: Sep 2008
Location: Darwin
Posts: 188
Likes (Received): 6
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All good valid points, and I accept Myer will have an impact on retail, but I stand by what I said.
Its important to note that at 3:15pm in Darwin city at his time of year, it is 34 degrees and 80% humidity. I wouldn't want to be there - myer + services or not. The development of the two new buildings in the mall, plus hopefully someone developing something in the old Woolies site could save the mall imho. If only for the shade....
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#10 | |
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Registered User
Join Date: Dec 2007
Posts: 151
Likes (Received): 4
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Quote:
the heat is on of the major reasons that the city cannot compete. read up on the effect of West Edmonton Mall on the retail landscape in that city. they have the opposite but essentially similar weather related problem. Why shop in Edmonton city where you have to be outside in -40 and pay for parking when you can park free and find everything you need in a climate controlled environment. sound familiar yet? http://www.thecanadianencyclopedia.c...=A1ARTA0008530 |
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#11 | |
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Registered User
Join Date: Nov 2011
Posts: 1
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Quote:
"Point Piper investor Mr Kerry Manolas keeps his conservative Northern Territory property portfolio to mostly retail. Last year he paid $6.75 million for the prime Woolworths centre, which had previously traded at $1.78 million in 1971 at the time of the signing of the 40-year lease." |
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#12 |
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Registered User
Join Date: Mar 2008
Posts: 198
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Myer is contracting. GPT might implement plan B. That announcement by the Chief Minister on residential development at Casuarina Shopping Square was not his idea! It's just getting it into the public arena to guage opinion; which has been bombastically hostile from the no-nothing public.
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#13 |
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Registered User
Join Date: Jul 2010
Posts: 3
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The back page of the latest Shaver Shop catalogue. Notice that it states "MYER" where "Coles" should be -- misprint or has the Shaver Shop jumped the gun? This isn't completely improbable considering that within a 1km radius there are currently two Coles supermarkets and a Woolworths.
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#14 | |
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Beautiful Mountain
Join Date: Mar 2008
Location: Adelaide
Posts: 378
Likes (Received): 13
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#15 | |
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I fly a bluebox WHO am I?
Join Date: May 2008
Location: The river city
Posts: 2,745
Likes (Received): 52
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Quote:
EDIT: According to Coles website, there are indeed two Coles Supermarkets in Casuarina: with the difference one is open one hour more than the other with a different phone number and map picture location. And the Northlakes one used to be Bilo too... Now i see it is also a Coles. results 3 results: Coles Casuarina Dripstone Rd & Trower Rd (08) 8927 9055 Opening Hours Mon - Sun: 07:00 - 22:00 Coles Casuarina Cnr Dripstone & Trower Roads (08) 8927 0200 Opening Hours Mon - Sun: 07:00 - 21:00 Coles Northlakes Links Rd & Mcmillans Rd (08) 8927 8011 Opening Hours Mon - Sun: 06:00 - 22:00 Seasonal Trading Hours |
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#16 |
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Beautiful Mountain
Join Date: Mar 2008
Location: Adelaide
Posts: 378
Likes (Received): 13
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Correct. The Casuarina Village store was a BILO, but I think it will remain a large convenience store rather than be redeveloped as a Target. With Myer going into an expanded CSS, there will be no need for a Target.
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#17 |
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Registered User
Join Date: Sep 2008
Location: Darwin
Posts: 188
Likes (Received): 6
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Looking at the Google Maps image, kindly provided by seanoff, there's a fair bit of space for few redevelopments around there.
A couple of nice 8 storeys with a 12 storey mixed use on the current Casuarina Community Care Centre site would be good too. The one thing noticebaly missing in Casuarina is a hotel - I'm sure the Cas retailers would appreciate the help, as I'm sure a small 8 storey hotel or 31/2 star resort could maintain a healthy business there, let alone when Myer arrives. I still get astounded by all the outdoor carparks, when I look at Darwin google maps. |
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#18 |
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Registered User
Join Date: Mar 2008
Posts: 198
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Should Coles Casuarina Shopping Square be worried? Probably not. It's a close shave (shop) but I think it's Kmart that should be worried about Myer.
It seems to me that the best place for a Myer is in and over Kmart with the existing large on-grade carpark next to Woolworths being turned into a multi-storey thing to accommodate the extra parking requirement. I can't see where else it would all fit. The Coles location is too far from the action; it being now a somewhat dead(er) end of the Square. Putting a Myer in the existing on-grade carpark is also wrong as it too is away from the action. No. I think it's Kmart that should be trembling in its box. Myer would then become the heart of the Square. Last edited by SPQRSPQR; February 16th, 2012 at 03:01 PM. |
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#19 | |
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I fly a bluebox WHO am I?
Join Date: May 2008
Location: The river city
Posts: 2,745
Likes (Received): 52
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#20 | |
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What to do with my life..
Join Date: Feb 2008
Posts: 4,447
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Quote:
__________________
Townsville is unlike any other city in Australia. No city of comparable size has quite the connection into the future prosperity of the Australian nation as does Townsville. Townsville's next phase of growth is likely to accrue the critical mass in population to transform from regional centre to a metropolitan centre. 'Bernard Salt' Australia's leading demographer Townsville is a picture of exactly the kind of diverse, dynamic regional economy that will power Australia's passage through the years ahead. Treasurer Wayne Swan
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