Name and Location
Springs Mall project, Gauteng, South Africa.
Client
The project is a joint venture between Blue Crane Eco Mall, shopping centre developer Flanagan & Gerard Property Development and Investment, and Murinda Investments.
Project Description
The Springs Mall at Blue Crane Eco Park entails the development of a 52 000 m2, two-level mall in the greater Springs area, in Ekurhuleni, in the east of Gauteng.
The project will draw R300-million to R500-million retail revenue that is currently being spent elsewhere, as the region remains underserved.
The 120-store mall will be accessible at the intersection of the N17 highway and R51/Wit road and will act as an interceptor on the N17 for people travelling to Mpumalanga and Swaziland.
As part of the earthworks contract, there will be a realignment of Jan Smuts road along the northern side of the site, providing the centre with frontage on the N17 highway.
To mitigate the impact of load-shedding and as part of several green features of the mall, the developers are investigating the installation of solar-generated power as a supplement to the municipal electricity supply.
The broader Blue Crane Eco Park development will result in further commercial development on 10 ha surrounding the mall.
Value
R950-million.
Duration
The mall is set to open its doors in 2017.
Latest Developments
Following the receipt of all regulatory approvals, construction is under way on the Springs Mall, with the regional shopping centre now scheduled to open before Easter 2017.
The mall has attracted anchor tenants Pick n Pay, Checkers, Woolworths, Edgars, the Foschini Group, Truworths, Mr Price, HiFi Corporation, Clicks, Dis-Chem and Incredible Connection, and is 80% prelet.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Flanagan & Gerard Development, tel +27 11 783 8449.
Giuricich Bros, tel +27 11 802 5821, fax +27 11 802 5826 or email enquiries@giuricich.co.za.