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Boardwalk Mall project, South Africa

8th April 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Boardwalk Mall project, Eastern Cape, South Africa.

Client
Boardwalk Consortium comprising Emfuleni Resorts, Parktown Capital and Sun International.

Emfuleni is contributing its land towards the development in return for an equity stake.

Parktown is leading the development and tenanting.

Sun International will ensure the design complements its existing business.

Project Description
The proposal involves the construction of a mixed-use development on 13.3 ha of currently underutilised land in the Boardwalk precinct, in Port Elizabeth.

The new development will include:
• a 35 000 m² mall, offering restaurants, niche retail, eateries and entertainment. It will be built around a revised water feature and the new Sun Park that will be used to support and host special events and entertainment;
• a 2 570 m² multipurpose events venue;
• a 2 000 m² Magic Company, including a Laser Tag facility and bowling alley;
• 1 832 m² of movie theatres;
• 4 000 m² of corporate offices; and
• 3 000 parking bays.
Up to 8 500 jobs are expected to be created during construction, with another 1 500 jobs to be created during opeartions.

Value
R1.3-billion.

Duration
The project will take two years to complete.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Sun International tel +27 21 426 1233 or email info@corporateimage.co.za.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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