Bay West City development project, South Africa
Name and Location
Bay West City development project, Eastern Cape, South Africa.
Client
Bay West City.
Project Description
The Bay West City project is a ‘city within a city’, which is expected to be developed over the next 15 years and will comprise retail malls, office parks, residential nodes, private schools and associated sports facilities, hotels, a hospital complex, a motor city and a light industrial precinct, as well as a lifestyle centre.
Phase 1 of the development involves the construction of an 85 000 m2 regional shopping centre, the Bay West mall, which will include a high-street styled promenade, office complexes, retail and secure residential precincts, as well as a 25 000 m2 hospital precinct.
For ease of access, four main entrances will be constructed and double-level structured parking will surround the mall, providing ample parking close to the entrances.
Value
R12-billion.
The mall is estimated to cost R2-billion.
Duration
The construction phase is expected to be completed by the end of 2014.
Latest Developments
The South African National Roads Agency Limited (Sanral) has committed R300-million to the Bay West City project.
Of the R300-million, about R120-million has been earmarked for the development of roads for the first phase, with Bay West carrying a further cost of R150-million for access routes.
The construction of the mall and the development of access roads to the site, situated along the N2 in the western suburbs, is expected to begin in April.
Meanwhile, Bay West mall has secured 250 tenants, 85% of which are major national retailers.
Key Contracts and Suppliers
Mawethu Civils (civils work).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Abacus Asset Management on behalf of Bay West City, Eradus van Antwerpen, tel + 27 21 886 5262 or
email eradus@abacus6.co.za.
Mawethu Civils, tel +27 41 363 0862/7, fax +27 41 363 0962 or email admin@mawethu.co.za.
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