Corporate giant considers Gladstone for new shopping centre

A NEW corporate giant has approached the council this week to discuss establishing a shopping centre in Gladstone's CBD.

It mean retailers stalling on proposed developments will have another reason to start construction.

IN WAITING |

>> ALDI misses March start date on Gladstone store construction

>> Big new shopping centre proposed for Kirkwood

>> Bulky goods centre for Kirkwood has approval, interest

That's on top of the highly debated Stockland expansion, the bulky goods precinct at Kirkwood and the Aldi centre - which is yet to start construction despite saying last month the first sod would be turned in March.

The council won't reveal which company is behind the new proposal, however three possible areas at Kirkwood Rd, the Hanson Rd precinct and the old Reef City Ford site are already being sized up.

Now Stockland risks losing its grip with another company looking to steal some market share by opening a competing centre.

While the council is being tight-lipped about the newcomer; Mayor Matt Burnett said the proposal would be for a shopping centre, including specialty stores, anchored by a supermarket.

That could not only take shoppers away from Stockland's Kin Kora centre but also gives retailers another option.

"Stockland might want to get started before they miss the boat," Cr Burnett said.

"This is about creating jobs, and not just in the construction phase but also in the long term.

"It's only a matter of time before we see more retail here.

"They need to get a move on before someone else moves in."

STOCKLAND | TIMELINE

December 18, 2012

Stockland submits application for new $150m expansion

April 7, 2014

Stockland announces start date for $160m re-development

November 6, 2014

Long wait for shoppers with Stockland plan delayed

December 2, 2015

Council offers discounts if Stockland starts by March

March 31, 2016

Stockland loses $400,000 discount after Kin Kora delay

Stockland isn't the only company keeping Gladstone waiting.

There's been no movement on Aldi's Boles St site and the German supermarket has refused to name a new start date after saying in February works would begin in March.

The outlook for the Walker Corporation's bulky goods precinct on Kirkwood Rd is more promising.

The council approved the development in September last year but with conditions. Walker's Gladstone development manager Darren Shanks said those details are still being negotiated.

Mr Shanks said the centre would hopefully be open next year.

However Walker is waiting until discussions with council are finalised before approaching retailers such as Freedom Furniture, Choice Flooring, Super Amart, Jaycar, The Good Guys and JB Hi-Fi.



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