Bayside Shopping Centre is a super-regional shopping centre, and the largest in Frankston and on the Mornington Peninsula. It is owned by Vicinity Centres (after merging with Novion Property Group in 2015). It has a Myer department store; the discount department stores: Kmart and Target; the large speciality stores: Best & Less, JB Hi-Fi, Rebel Sport, Toys "R" Us and Trade Secret; three supermarkets: Aldi, Coles and Woolworths; a 12 screen Hoyts cinema multiplex; a Strike Bowling Bar and a further 250 smaller speciality stores, restaurants and food outlets. It opened in the Frankston Central Business District (CBD) as a single mall in 1972, and is now spread over three multi-storey interlinked malls as well as a separate entertainment precinct on Wells Street.