corio norlane structure plan background report - City of Greater ...

Table 13 - Summary of Retail Centres in Corio and Norlane
Centre Role Location Type of retail &
commercial
floorspace
Corio Shopping Centre
Major retail and community facility in
the structure plan area and serves a
catchment extending to the north of
urban Geelong, including the township
of Lara and to the southern structure
plan boundary.
Centre is trading relatively strongly and
benefits from being the only major retail
destination located in northern
Geelong.
Bell Post Shopping Centre
Has a history of being a poorly
performing centre, however has
recently undergone a significant
refurbishment and now appears to be
trading adequately.
Princes Highway, Northern Precinct
Mix of commercial activities on both
sides of Princes Highway, including
Aldi, homemaker retailers (Harvey
Norman and Bunnings Warehouse)
and convenience restaurants (Subway
and Hungry Jacks). Includes the
recently completed Geelong
Homemaker centre.
NOTE: On 2 March 2011 the owner of
Sub-regional
Good – centre is
central to catchment,
has a high level of
exposure via
Bacchus Marsh Road
and provides
sufficient car parking.
Floorspace
(m 2 )
Food 10,100
Non-Food 15,090
Services 1,160
Non-retail 1,160
Total 27,510
Neighbourhood Moderate – has Food 4,050
physical barriers to Non-Food 1,440
catchment (Cowies
Services 470
Creek to south and
Geelong Ring Road Non-retail 80
to west). Provides Vacant -
sufficient car parking. Total 5,960
Highway Precinct
Good – has a high
level of exposure to
Princes Highway
Food 5,840
Non-Food 32,790
Services -
Non-retail 3,200
Vacant 5,800
Issues and Opportunities
Issues
• Low socio-economic profile of catchment
• Lack of integration with any other commercial use
• Limited opportunity to expand
• Crime/security
Opportunities
• Improve integration with community functions
• Consolidate sub-regional role
• Developing a sense of place “town centre”
• Crating a place to attract private investment
Issues
• Physical barriers to catchment (Cowies Creek to south
and Geelong Ring Road to west)
• Low socio-economic profile of catchment
• Limited population in immediately surrounding area
Opportunities
• Attraction of tenants that would raise profile of the
centre
Issues
• Integration of uses along eastern side of Princes
Highway between Geelong Gateway Homemaker
Centre and Bunnings Warehouse.
Opportunities
• Possible redevelopment of recently sold building
containing vacant commercial office floorspace
(formerly VicRoads), Harvey Norman, Subway and
Ultra Tune.
• Possible redevelopment of Bunnings Warehouse site,
Corio Norlane Structure Plan
Background Report - 89 - Final - March 2011