The Palms Shopping Centre | |
Location: | Shirley Christchurch New Zealand |
Address: | Cnr Marshland Road & New Brighton Road, Shirley, Christchurch |
Opening Date: | 1997 |
Owner: | DiMauro Group |
Number Of Stores: | 95[1] |
Number Of Anchors: | 5 (Countdown, Farmers, Reading Cinema, Chemist Warehouse, The Oasis) |
Floor Area: | 35,343 m² (380,429 ft²) |
Floors: | 2 |
Parking: | 1450 (810 lighted lot, 640 multi-storey car park) |
Website: | thepalms.co.nz |
The Palms Shopping Centre is a shopping mall located in the suburb of Shirley, Christchurch. Situated from the city's CBD.
The mall consists of 82 retailers, including Countdown, Farmers and the first Reading Cinemas multiplex in Christchurch. In 2003, a $50 million NZD upgrade was completed, nearly doubling the size to 35,343 m2 (380,429 ft2) .[2] The entry plaza of the mall won an NZILA Silver award for landscape design in 2004.[3]
Australian based AMP Capital had owned The Palms since 2007, when it bought the mall from Christchurch businessmen and Hallenstein Glassons directors Tim Glasson and Warren Bell. The mall was originally developed in the 1990s by Christchurch brothers Max and Glen Percasky, who own the Homebase shopping centre north of The Palms.
DiMauro Group, an Australian investor purchased The Palms for $88.8 million in 2022.[4]