Austexx acquired land at Fyshwick in 2005 at a reported cost of $39 million following a bidding war with the owners of Canberra Airport.

[2] In a move reminiscent of the 2004 Orange Grove affair, an unsuccessful legal challenge under the Trade Practices Act over the zoning of the site was brought against DFO by the Canberra Airport's rival venture, Brand Depot.

[3] Construction of the shopping centre involved clearing the greenfield site located adjacent to the junction of two major arterial roads, Canberra Avenue and Hindmarsh Drive.

The building was completed on behalf of DFO's parent company Austexx by construction firm Contexx Pty Ltd in September 2008 at an approximate cost of $100 million.

In March 2017 the 44,870 square metre shopping precinct was purchased by Armada Funds Management on behalf of Deka Immobilien.