Frankston Town Centre, originally consisted of three shopping centres: Bayside, Balmoral and Quayside. The original Bayside Shopping Centre, located between Beach Street and Ross Smith Avenue, opened on 3 October 1972 with a Myer department store, a McEwans hardware store, a Ritchies supermarket and 52 speciality stores. It was owned by the National Mutual Life Association of Australasia. Balmoral Arcade opened in 1973 and was located at the southern end of Station Street, between Shannon Street and Key Street which opened with 19 speciality stores. Quayside Shopping Centre opened in 1991 near both Bayside and Balmoral, on the carpark between Ross Smith Avenue and Station Street, with a Target department store, a Coles supermarket and 72 speciality stores. Bayside and Quayside were also linked by an enclosed bridge over Ross Smith Avenue. Balmoral Arcade and Quayside Shopping Centre were later merged with the Bayside Shopping Centre in which it subsequently renamed to Bayside Shopping Centre. Bayside and Balmoral were acquired by John Gandel, the owner of Quayside, during the late-1990s, and upgrades were carried out by manager CFS Retail Property Trust. A portion of Ross Smith Avenue was permanently closed to create a new food court. In 2004 the centre underwent a $63 million redevelopment which included a new 3 level building on the northern side of Beach Street linked by a multi-level pedestrian bridge on the former multi storey carpark opposite Myer. Kmart, Safeway and a further 55 stores were added as part of this development. This development was completed in March 2006. An entertainment precinct, on Wells Street was added and features a 12 screen Australian Multiplex Cinemas complex, Strike Bowling Barand 10 restaurants/food outlets. Another upgrade in 2011 brought the combined total cost of development to AU$200 million since 1999, with reconfigured tenancies including an entire level dedicated to fashion stores, a refurbished second level food court and an Aldi supermarket.
Tenants
Bayside Shopping Centre has 88,843m² of floor space, comprising 241 stores over three levels serviced by 3,452 car spaces. The major retailers, which are located at either end of the centre, include Myer, Target, Kmart, Woolworths, Coles, Aldi, TK Maxx, Rebel Sport, King Dory, JB Hi-Fi, Strike Bowling Bar and Hoyts Cinema.
Incidents
On 30 March 2016, a blackout caused a gang of up to 20 youths to fight. This outage occurred over 30 minutes, stores were placed into lockdown and a minute after the blackout started, the brawl begun. The blackout was caused after a fire at a United Energy substation near Frankston Train Station earlier in the morning.