Karingal Hub Shopping Centre is a regional shopping centre, and the second largest in Frankston. It is owned by Industry Superannuation Property Trust (ISPT) and managed by Vicinity Centres. It has a Big W discount department store; the large speciality store Best & Less; two Woolworths supermarkets; a 12 screen Village cinema multiplex (that also features one of the 30 VMAX super-sized screens in Australia) and a further 120 speciality stores, restaurants and food outlets. It opened in 1978, on Cranbourne Road, in the Franktson locality of Karingal, and is a single-storey mall with a small entertainment precinct. Next door to Karingal Hub Shopping Centre is the liquor super-store Dan Murphy's and the hardware super-store Womersley's Mitre 10.