Woden Plaza was developed by
Lendlease. It was opened on 18 September 1972 by
Prime Minister William McMahon. To begin with, the centre's only components were what now houses the
Big W and
David Jones areas, but, during the 1980s, expanded to include a medium-sized food court. In 1996, the centre underwent a major redevelopment, adding on a new wing to the building called "The Fresh Food Market" (currently housing Coles and Woolworths) as well as a new
Hoyts 8-screen cinema complex.
GPT purchased the first, second, and third storeys of the Bonner House building, situated across from the back of the centre, and connect the areas together with a pedestrian bridge. The
Westfield Group purchased a 50% stake in the centre in July 2005, with the remaining 50% retained by GPT. It took over management of the centre from Lendlease on the same date. In December 2015 the
Perron Group purchased GPT's shareholding. ==Transport==