They offered rent-free lease of the lots, with an option to later purchase at £100 per hectare if the occupants cleared them and brought them into production.
[5] Residential development accelerated during World War II, and in the 1950s, Metro-Goldwyn-Mayer (MGM) built a drive-in cinema in nearby Liege Street.
The shopping centre also hosted the region's main bus station until the construction of Stirling bus/train interchange about a kilometre away in 1992.
The majority of the suburb is residential, apart from the shopping areas in the south-east, several small parks and an undeveloped portion to the east of Ellen Stirling Boulevard.
Opposite the Megacentre, an IKEA has been constructed, replacing the smaller store a kilometre away in the adjoining suburb of Osborne Park.
It started off life as an MGM drive-in in the 1950s, then was rebuilt by Greater Union in 1990 with 8 screens, then expanded to a Megaplex - the first in Western Australia - in 1996.
Innaloo is served by bus links to Stirling train station on the Yanchep line, including the 410, 412, 421, 424 and the 998/999 CircleRoute, and the 423 and 425 along the Karrinyup Road boundary.
[9] However, this idea was rejected by both the project and the public at large due to the significant cost, lack of identifiable benefits, and environmental impact grounds.