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Centro The Glen

A major regional shopping centre in Glen Waverley, Victoria, Australia.

Last updated August 24, 2026

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Overview

The Glen Shopping Centre, historically also referred to as Centro The Glen, is a major regional shopping centre serving Glen Waverley and surrounding suburbs in Melbourne’s eastern metropolitan area. The centre is located near the intersection of Springvale Road and High Street Road and functions as a broad retail, dining, fresh-food and services destination for the local community. Its tenant mix includes major supermarkets, department stores, fashion retailers, electronics and home-improvement businesses, specialty shops, restaurants and food-court operators. The centre opened in 1967 with Woolworths, Lindsay’s, approximately 30 specialty stores and around 600 parking spaces. Lindsay’s was subsequently associated with Target as the retail mix developed. The original ownership structure included the Shell and BHP superannuation funds. A substantial expansion in 1991 increased the centre to approximately 120 stores and about 2,000 parking spaces. That project also introduced a food court, multi-level undercover parking and travelators. Centro Properties assumed management of the centre during this period. Centro acquired a 50 percent interest in The Glen in February 1994 for A$37 million, while the two superannuation funds retained 25 percent each. Woolworths was redeveloped during this phase. A further A$8 million expansion in 1996 increased the retailer count to about 170 and brought Melbourne’s first suburban David Jones store to the centre, officially launched on 22 May 1996. In 1999, the Glen Property Trust consortium acquired the superannuation funds’ interests for A$81.5 million, increasing Centro’s stake to 75 percent. Centro acquired the remaining 25 percent in June 2000. The centre’s most significant recent transformation was a multi-stage redevelopment approved by council in July 2015. Publicly unveiled in March 2017, the project was described as a A$500 million redevelopment intended to add roughly 100 specialty stores, create a public square, introduce apartment towers and expand the centre to approximately 78,000 square metres of gross lettable area. The completed scheme was designed to exceed 240 stores and included new food, fashion, lifestyle, premium retail and dining precincts. Stage 1 opened on 19 October 2017 with a fresh-food market hall, a new Aldi, a relocated Woolworths, Colonial Fresh and additional cafes and food retailers. Stage 2 opened on 28 March 2018, adding a food gallery with views toward the Dandenong Ranges, as well as retailers and services including KFC, Schnitz, Sushi Jiro, Soul Origin, Nene Chicken, Healthy Habits, EB Games, Telstra, Shaver Shop and Australia Post. Stage 3 opened on 25 October 2018 and focused on fashion and lifestyle, adding retailers such as H&M and Uniqlo alongside approximately 80 specialty stores. Stage 4 opened on 1 August 2019 with a premium-fashion precinct, a relocated next-generation David Jones store, additional retailers and an indoor-outdoor dining area. Stage 5 opened progressively in late 2019 and early 2020, adding mini-major stores including Spotlight Creative, TK Maxx and Daiso. Chemist Warehouse and JB Hi-Fi subsequently opened in this area in 2023. The Glen’s current positioning is that of a large suburban destination combining everyday grocery shopping with department-store retail, international and Australian fashion, casual dining, fresh food, entertainment-adjacent services and specialist retail. The centre also accommodates the head office of MYOB, adding a commercial-office dimension to the property. Its customer proposition is based on convenience, breadth of choice, regional-scale amenities and a modernised shopping-and-dining environment rather than on a single specialist product category.

History

The Glen began trading in 1967 in Glen Waverley, Victoria. Its initial configuration included Woolworths, Lindsay’s, around 30 specialty shops and approximately 600 car spaces. Lindsay’s later became associated with Target, while the centre developed from a local shopping complex into a larger regional destination. The early ownership structure involved the Shell and BHP superannuation funds. A major 1991 expansion increased the centre to approximately 120 stores and 2,000 car spaces. It added a food court, multi-level undercover parking and travelators. Centro Properties took over centre management around this period. In February 1994, Centro bought a 50 percent interest for A$37 million. The two superannuation funds retained equal 25 percent interests, and Woolworths was redeveloped during the broader ownership transition. The centre expanded again in 1996 through an A$8 million project, reaching approximately 170 retailers. One of the most notable additions was Melbourne’s first suburban David Jones store, which officially launched on 22 May 1996. In August 1999, the Glen Property Trust consortium acquired the superannuation funds’ combined interest for A$81.5 million, raising Centro’s share to 75 percent. Centro acquired the final 25 percent in June 2000. The next major phase was a comprehensive redevelopment approved by council in July 2015. The proposal was presented publicly in March 2017 as an approximately A$500 million project. It sought to add around 100 specialty stores, a public square, three apartment towers and expanded retail space, taking the centre to approximately 78,000 square metres of gross lettable area and more than 240 stores. The redevelopment proceeded through five stages. Stage 1 opened on 19 October 2017 and introduced a fresh-food market hall, Aldi, a relocated Woolworths, Colonial Fresh and additional cafes and fresh-food operators. Stage 2 opened on 28 March 2018 with a food gallery overlooking Springvale and High Street Roads, together with new specialty retailers and services. Stage 3 opened on 25 October 2018 and established a fashion-and-lifestyle precinct featuring H&M, Uniqlo and approximately 80 further specialty stores. Stage 4 opened on 1 August 2019, adding a premium-fashion precinct, a relocated David Jones store, additional fashion retailers and a new dining area with an indoor-outdoor design. Stage 5 opened progressively in late 2019 and early 2020, adding mini-major retailers such as Spotlight Creative, TK Maxx and Daiso. Further tenant changes followed. In 2023, Chemist Warehouse and JB Hi-Fi opened in the Stage 5 area, with JB Hi-Fi moving from its earlier Level 1 location. The centre also accommodates MYOB’s head office. Today, The Glen operates as a large regional suburban centre with grocery, department-store, fashion, electronics, home, fresh-food, dining and service uses.

  • 2023

    Additional major tenants open

    [1]

    Chemist Warehouse and JB Hi-Fi open in the Stage 5 area, with JB Hi-Fi relocating from another part of the centre.

  • 2020

    Redevelopment reaches completion

    [1]

    The fifth stage opens progressively through late 2019 and early 2020, completing the principal redevelopment program.

  • 2019

    Premium-fashion precinct opens

    [1]

    Stage 4 introduces the relocated David Jones store, new premium retailers and an expanded dining precinct.

  • 2018

    Food and fashion precincts open

    [1]

    Stages 2 and 3 add the food gallery, new services, H&M, Uniqlo and numerous specialty retailers.

  • 2017

    Five-stage redevelopment begins

    [1]

    The redevelopment plans are unveiled and Stage 1 opens with a new fresh-food market hall and relocated grocery tenants.

  • 2015

    Redevelopment receives council approval

    [1]

    Council approves plans for a large redevelopment including new retail space, a public square and residential towers.

  • 2000

    Centro acquires the remaining interest

    [1]

    Centro acquires the final 25 percent interest in the centre.

  • 1999

    Centro increases its interest to 75 percent

    [1]

    Glen Property Trust acquires the superannuation funds’ interests, increasing Centro’s stake to 75 percent.

  • 1996

    David Jones opens a suburban Melbourne store

    [1]

    An A$8 million expansion increases the retailer count to approximately 170 and introduces Melbourne’s first suburban David Jones store.

  • 1994

    Centro acquires a half interest

    [1]

    Centro Properties acquires a 50 percent interest in the centre for A$37 million.

Products and positioning

A major suburban regional shopping destination combining grocery anchors, department-store retail, fashion, fresh food, dining and essential services for Melbourne's eastern suburbs.

  • Fresh food retail · 2017

    Fresh-food market hall

    A dedicated fresh-food area introduced during Stage 1 of the redevelopment. It brought together supermarket and specialist fresh-food activity, including Colonial Fresh, alongside cafes and other food operators. The market hall strengthened The Glen’s role as an everyday grocery and food destination rather than only a general merchandise centre.

  • Dining · 2018

    Food gallery and dining precinct

    The redevelopment added a food gallery and later an expanded dining precinct. The food gallery includes quick-service and casual dining operators such as KFC, Schnitz, Sushi Jiro, Soul Origin, Nene Chicken and Healthy Habits. The later dining area was planned around an indoor-outdoor format and introduced more than ten additional restaurants.

  • Fashion retail · 2018

    Fashion and lifestyle precinct

    The fashion and lifestyle precinct formed the third redevelopment stage. It expanded the centre’s apparel and lifestyle offer with international brands including H&M and Uniqlo, together with approximately 80 additional specialty retailers. The precinct broadened The Glen’s appeal beyond supermarket and department-store shopping.

  • Department stores and fashion · 2019

    Premium-fashion precinct

    Stage 4 created a premium-fashion area anchored by a relocated, next-generation David Jones store. It also added retailers including Superdry, Surf Dive ’n’ Ski, Universal Store, Macpac, Seed Heritage, Fila, Kikki.K, Platypus Shoes and Decjuba, while connecting the retail offer to a new dining environment.

  • General merchandise · 2020

    Mini-major retail area

    The final redevelopment stage introduced larger specialty or mini-major stores including Spotlight Creative, TK Maxx and Daiso. The area was later supplemented by Chemist Warehouse and JB Hi-Fi in 2023, with JB Hi-Fi moving from its former Level 1 premises.

Brand decisions

  • 2015

    Proceed with a comprehensive centre redevelopmentStrategy

    Background

    The centre sought to evolve from an established suburban shopping complex into a larger regional retail, dining and mixed-use destination.

    Action taken

    Council approved plans for an approximately A$500 million redevelopment involving additional specialty stores, a public square, expanded retail space and three apartment towers.

    Aftermath

    The redevelopment proceeded through five stages and was substantially completed by 2020, expanding the centre to more than 240 stores and approximately 78,000 square metres of gross lettable area.

    Announced redevelopment cost. A$500 million planned investment (2015-2020)

Recent events

  • 2023

    Chemist Warehouse and JB Hi-Fi join the Stage 5 area[1]

    Product launch

    Chemist Warehouse and JB Hi-Fi opened in the area associated with Stage 5, with JB Hi-Fi relocating from its former Level 1 store.

  • 2020

    Final redevelopment stages completed progressively[1]

    Product launch

    Stage 5 of the redevelopment opened progressively from late 2019 into early 2020, adding mini-major stores including Spotlight Creative, TK Maxx and Daiso.

  • 2019

    Premium-fashion precinct and relocated David Jones open[1]

    Product launch

    Stage 4 opened with a relocated David Jones store, additional fashion retailers and a new dining precinct designed around an indoor-outdoor experience.

  • 2018

    Food gallery and new specialty stores open[1]

    Product launch

    Stage 2 added a new food gallery and a collection of specialty retailers and services, including EB Games, Telstra, Shaver Shop and Australia Post.

  • 2018

    Fashion and lifestyle precinct opens[1]

    Product launch

    Stage 3 introduced H&M, Uniqlo and approximately 80 additional specialty retailers in a new fashion and lifestyle precinct.

  • 2017

    Redevelopment plans publicly unveiled[1]

    Other

    The redevelopment program was presented publicly with an intended expansion to more than 240 stores and approximately 78,000 square metres of gross lettable area.

  • 2017

    Fresh-food market hall opens as redevelopment Stage 1[1]

    Product launch

    The first redevelopment stage opened with a fresh-food market hall, Aldi, a relocated Woolworths, Colonial Fresh and additional food and cafe operators.

  • 2015

    Council approves proposed A$500 million redevelopment[1]

    Other

    Plans for a major redevelopment of The Glen were approved by council. The proposal included a public square, approximately 100 additional specialty stores and three apartment towers.

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