Mall of the South
Regarded as the next big retail sensation to hit the South, the regional shopping centre, Mall of the South is set to offer residents an exceptional high-end shopping experience right on their doorstep.
Currently being developed by property giant Zenprop Property Holdings (Pty) Ltd, the area where the mall is being erected was identified back in 2009 as the most suitable site for a grand shopping centre scheme. Situated on the corner of Swartkoppies Road and Kliprivier Drive in the affluent suburb of Aspen Hills, the Mall of the South will offer an initial 65 000m² of shopping pleasure through the provision of top-notch retailers including Pick n Pay, Checkers, Game, Edgars, Clicks and much more.
According to Waldo Marcus, Zenprop Property Holdings (Pty) Ltd spokesperson, the mall was a must needed development and is expected to act as a catalyst for further property development in the area. “In consultation with the major national and dominant retailers, the need for an upmarket development became more apparent,” notes Marcus.
Aptly dubbed the Mall of the South, Marcus explains that the name of the mall reflects the community in which it is set to operate in. “It was very important for us to ensure the community takes ownership of the development. The name is strong and ties in with the geographical location and the market it is going to serve,” he adds.
With a total spend of R1.8-billion, the Mall of the South symbolises a massive surge of investment in the South of Johannesburg. The mall will possibly expand to 90 000m² in size – a sure sign that property, and namely retail, development in the South is in great demand.
Marcus highlights that in the past, large-scale commercial and retail development was not a major focus in the South. This is expected to change with the highly anticipated inception of the Mall of the South.
“We believe that the southern suburbs of Johannesburg is going to change as the location and growth potential has now been realised. Several upmarket and large-scale residential developments have gone up in the past 10 years and more are being developed and planned. A retail development like Mall of the South is a driver for future residential and commercial developments in an area,” believes Marcus.
In terms of traffic and congestion, Marcus says, “A full study was done on the traffic flow prior to finalising the design of the development and also on the parking flow on the property. We are very aware of this – one of the sensitive touch points for a successful retail development is ease of access to and from the mall, so we have spent a lot of time and effort to ensure ease of access from all the roads and to avoid traffic congestion.” With 154 stores planned and over 3 000 parking bays at launch size, the Mall of the South is expected to open on 24 September 2015.
Source : Engineering News