Grace Brothers first came to Broadway in 1904 but the buildings (close to) how they’re seen today weren’t completed until 1923. The stores boasted over three acres of furniture as one of it’s selling points. It also had it’s own private electricity generator and an auditorium that regularly hosted dances, fashion parades and other children’s events.
In 1954 it was even visited by Queen Elizabeth which highlighted how significant the area was during that time. You can’t imagine her or any of the other royals visiting the area these days. The Grace Brothers store was closed in 1995 before in 1998 the West side was reopened for it’s current use as a mixed retail and cinema complex, while the Eastern side is currently used as a Hotel.
Broadway itself was one of the first roads built in the new colony back in 1795. It has also been known as George Street South, George Street West and The Broadway, before being shortened to it’s current name. It was widened in 1906 when Central Station was built. It has even had a toll, at Railway Square, since it has traditionally been the main traffic artery to Parramatta from the city.
https://en.wikipedia.org/wiki/Broadway,_Sydney, retrieved 9 August 2015
https://en.wikipedia.org/wiki/Grace_Bros.#Broadway, retrieved 9 August 2015
https://en.wikipedia.org/wiki/Broadway_Shopping_Centre, retrieved 9 August 2015