Canberra Outlet Centre

Canberra Outlet Centre (formerly known as DFO Canberra and Homemaker Hub and Direct Factory Outlets Canberra) is an outlet type discount shopping centre located on the edge of Fyshwick, a light industrial suburb located in the southeast of Canberra. In addition to providing retail space for 100 specialty outlet stores, the Homewares/Furniture section of the centre is designed for 24 bulky goods retailers, such as furniture and electrical chains. Unlike many outlet centres, the Canberra site is not adjacent to an airport.

Canberra Outlet Centre
The southern side of the Canberra Outlet Centre seen from the east
Location337 Canberra Avenue, Fyshwick, Australian Capital Territory
Coordinates35.33660°S 149.17846°E / -35.33660; 149.17846
Opening dateSeptember 2008
No. of stores and services124[1]
Total retail floor area45,300m2
No. of floors1
Parking2000+
Websitecanberraoutletcentre.com.au


History

Austexx acquired land at Fyshwick in 2005 at a reported cost of $39 million following a bidding war with the owners of Canberra Airport.[2] In a move reminiscent of the 2004 Orange Grove affair, an unsuccessful legal challenge under the Trade Practices Act over the zoning of the site was brought against DFO by the Canberra Airport's rival venture, Brand Depot.[3]

Construction of the shopping centre involved clearing the greenfield site located adjacent to the junction of two major arterial roads, Canberra Avenue and Hindmarsh Drive. The centre, car parks and loading dock areas occupy 120,000m2 over two levels, with the car park below the retail floor. The building was completed on behalf of DFO's parent company Austexx by construction firm Contexx Pty Ltd in September 2008 at an approximate cost of $100 million.[4]

In March 2012, the Canberra DFO was announced as being placed in receivership by its struggling parent company.[5]

In 2013, it was renamed Canberra Outlet Centre (COC).

In March 2017 the 44,870 square metre shopping precinct was purchased by Armada Funds Management on behalf of Deka Immobilien.

References
Wikimedia Commons has media related to Canberra Outlet Centre.
  1. Inman, Michael (6 May 2012). "Last chance to buy ACT's $100m DFO". Canberra Times.
  2. Thistleton, John (16 June 2012). "Big retailers' hard sell". Canberra Times.
  3. Craig, Natalie (18 July 2008). "DFO rival off to court over lack of candour". The Age.
  4. "Canberra DFO and Homemaker Hub". Contexx Pty Ltd. Archived from the original on 22 April 2013. Retrieved 22 June 2013.
  5. Williams, Jacqueline (16 March 2012). "DFO, Homemaker Hub in receivership". Canberra Times.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.