of Queen Elizabeth II with the Broadway stores extensively decorated. However, the centre of Sydney shopping gradually moved from Broadway into the current CBD around Market and Pitt Streets, and Grace Bros vacated the Broadway store in 1992. The building was resurrected as a multimillion-dollar retail and cinema complex in 1998. The Grace Building In 1926, the Grace Brothers, Albert Edward and Joseph Neal Grace, purchased a block of land on the corner of York, Clarence and King streets in Sydney, on which they would build the "Grace Building", the jewel in the crown of their retail empire. They believed the site was perfectly positioned for the building they planned would become "The Showpiece of the Company", with new public transport routes and the coming Sydney Harbour Bridge turning York and Clarence Streets in the major city thoroughfares. Company letterhead even showed the building as being "...on the Harbour Bridge Highway." Broadway had been affected by the shift of the city's commercial district toward Circular Quay and the changing public transport routes away from Sydney's South end, and so the Grace Building was to be the company's saviour. The Grace Building was officially opened by Sydney Lord Mayor Ernest Marks on 3 July 1930. York Street never became the shopping thoroughfare the Grace Brothers had envisaged and, combined with the effects of the Great Depression of the 1930s, the building never lived up to expectations. By the onset of World War II Grace Bros was experiencing difficulty in leasing office suites and much of the space was allocated to government departments. In 1943 the Grace Building was requisitioned under national security regulations by the Federal Government for use as headquarters by the Supreme Commander of allied forces in the south-west Pacific, General Douglas MacArthur. In 1945, the Grace Building was compulsorily acquired by the Commonwealth. In 1995, it was purchased by the Low Yat Group of Kuala Lumpur for adaptive reuse as a 382-room hotel, opening in 1997. Suburban store growth Grace Bros opened two small stores in suburban Sydney (now in Westfield Parramatta and Westfield Bondi Junction respectively) as early as in 1933; these stores were completely rebuilt and expanded in 1957 into the first department stores in Australia designed with the family car in mind. In 1965, the Roselands Shopping Centre opened as one of the first major shopping centres in Australia. The centrepiece was a large Grace