The Plaza Shopping Centre
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The Plaza Shopping Centre
The Plaza Shopping Centre is a shopping mall in the central area of Palmerston North, New Zealand owned by Kiwi Property. It is the largest shopping mall in the Manawatu region. History The mall opened in 1986 as the PDC Plaza. The Premier Drapery Company (PDC) was a major department store in Palmerston North, owned by the Manawatu Co-Operative Society. The mall was developed around the PDC department store in response to the trend away from department stores towards shopping malls. Declining turnover coupled with the 1987 stock market crash saw PDC and the Co-Operative Society go into receivership in 1988, and the mall and department store were sold off. The PDC department store was closed and demolished in 1990 to make way for an extension of the mall. Originally , the mall underwent redevelopment from 2008 to 2010 refurbishing the existing space and expanding to . Redevelopment was done in three stages. The first stage opened in March 2009 with a new food court, a multi-leve ...
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Palmerston North, New Zealand
Palmerston North (; mi, Te Papa-i-Oea, known colloquially as Palmy) is a city in the North Island of New Zealand and the seat of the Manawatū-Whanganui region. Located in the eastern Manawatu Plains, the city is near the north bank of the Manawatu River, from the river's mouth, and from the end of the Manawatu Gorge, about north of the capital, Wellington. Palmerston North is the country's eighth-largest urban area, with an urban population of The official limits of the city take in rural areas to the south, north-east, north-west and west of the main urban area, extending to the Tararua Ranges; including the town of Ashhurst at the mouth of the Manawatu Gorge, the villages of Bunnythorpe and Longburn in the north and west respectively. The city covers a land area of . The city's location was once little more than a clearing in a forest and occupied by small communities of Māori, who called it ''Papa-i-Oea'', believed to mean "How beautiful it is". In the mid-19t ...
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Redevelopment
Redevelopment is any new construction on a site that has pre-existing uses. It represents a process of land development uses to revitalize the physical, economic and social fabric of urban space. Description Variations on redevelopment include: * Urban infill on vacant parcels that have no existing activity but were previously developed, especially on Brownfield land, such as the redevelopment of an industrial site into a mixed-use development. * Constructing with a denser land usage, such as the redevelopment of a block of townhouses into a large apartment building. * Adaptive reuse, where older structures are converted for improved current market use, such as an industrial mill into housing lofts. Redevelopment projects can be small or large ranging from a single building to entire new neighborhoods or "new town in town" projects. Redevelopment also refers to state and federal statutes which give cities and counties the authority to establish redevelopment agencies and give ...
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Shopping Malls Established In 1986
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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Buildings And Structures In Palmerston North
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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Multi-level Carpark
A multistorey car park (British and Singapore English) or parking garage (American English), also called a multistory, parking building, parking structure, parkade (mainly Canadian), parking ramp, parking deck or indoor parking, is a building designed for car, motorcycle & bicycle parking and where there are a number of floors or levels on which parking takes place. It is essentially an indoor, stacked car park. The first known multistory facility was built in London in 1901, and the first underground parking was built in Barcelona in 1904. (See History, below.) The term multistory is almost never used in the US, since parking structures are almost all multiple levels. Parking structures may be heated if they are enclosed. Design of parking structures can add considerable cost for planning new developments, and can be mandated by cities in new building parking requirements. Some cities such as London have abolished previously enacted minimum parking requirements. Minimum p ...
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Farmers Trading Company
The Farmers Trading Company Ltd (branded as Farmers) is a New Zealand mid-market department store chain. Headquartered in Flat Bush, Auckland, Farmers operates 59 stores across New Zealand, specialising in family fashion, beauty, homewares, furniture, large appliances and whiteware. History Robert Laidlaw founded ''Laidlaw Leeds'' in 1909, which sold agricultural supplies through mail order catalogues, following a successful American model. In 1910, a group of Auckland members of the Farmers Union formed the ''Farmers Union Indenting and Trading Association''. The Clevedon branch, for instance, approved the formation of such an association at a meeting held in July 1910. In 1916, the trading association was converted into the ''Farmers' Union Trading Co (Auckland) Ltd''. In 1917, the Farmers' Union Trading Company approached Laidlaw Leeds with an offer to merge, which Laidlaw accepted; he became the managing director of the new venture, the Farmers' Trading Company. The comp ...
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Specialty Store
A specialty store is a shop/store that carries a deep assortment of brands, styles, or models within a relatively narrow category of goods. Furniture stores, florists, sporting goods stores, and bookstores are all specialty stores. Stores such as Athlete’s Foot (sports shoes only) are considered superspecialty stores. Specialty stores compete with other types of retailers such as department stores, big box stores, general stores, supermarkets and variety store A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It u ...s. References Retail formats {{Business-term-stub ...
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Carpark
A parking lot (American English) or car park (British English), also known as a car lot, is a cleared area intended for parking vehicles. The term usually refers to an area dedicated only for parking, with a durable or semi-durable surface. In most countries where cars are the dominant mode of transportation, parking lots are a feature of every city and suburban area. Shopping malls, sports stadiums, megachurches and similar venues often have immense parking lots. (See also: multistorey car park) Parking lots tend to be sources of water pollution because of their extensive impervious surfaces, and because most have limited or no facilities to control runoff. Many areas today also require minimum landscaping in parking lots to provide shade and help mitigate the extent to which their paved surfaces contribute to heat islands. Many municipalities require minimum numbers of parking spaces for buildings such as stores (by floor area) and apartment complexes (by number of bedr ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The ter ...
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1987 Stock Market Crash
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected stock market crash on Monday, October 19, 1987. In Australia and New Zealand, the day is also referred to as ''Black Tuesday'' because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand), and three by more than 40% (Hong Kong, Australia and Singapore). The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of twenty-three major industrial countries, nineteen had a decline greater than 20%. Worldwide losses were estimated at US$1.71 trillion. The severity of the crash sparked fears of extended economic instability or even a reprise of the Great Depression. The degree to which the stock market cras ...
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Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ...
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