Construction World July 2016

Ballito Junction’s sixth anchor tenant, Checkers, joins new additions Woolworths, Edgars and Game and its existing anchors Pick n Pay and Dis-Chem. The massive redevelopment will open in March 2017. Owned and developed by the consortiumof accomplished South African property companies, Menlyn Maine Investment Holdings and Flanagan & Gerard Property Development & Investment, Ballito Junction Regional Mall is the major expansion of an existing 10 000 m 2 shopping centre. The expansion project was set to grow the mall to a sizeable 65 000 m 2 . Now, by adding Checkers, Ballito Junction will increase in size to 80 000 m 2 . In addition, the owners of Ballito Junction are increasing their investment in the development from R1,4-billion to R1,6-billion. Patrick Flanagan, joint-chairman of Flanagan & Gerard, explains the plans for Ballito Junction originally sought to develop a regional mall. Now, with Checkers, it will function as the dominant super-regional mall in its area. “Ballito Junction’s new, bigger size and added retail variety gives it greater market traction and boosts its appeal across a wider market,” says Flanagan. Carl Jankowitz, director at Menlyn Maine comments: “The addition of Checkers to Ballito Junction is significant in that it creates a meaningful consolidation of retail in Ballito in one magnificent world-class mall.” A confident answer to the rapid growth of the thriving Ballito and KwaZulu-Natal North Coast region, Ballito Junction is set to change the face of shopping and entertainment for the area’s residents. It will introduce an unparalleled mix of leading retail and leisure choices. The mall’s 130-store shopping variety will also feature an appealing array of international brands, independent retailers and endless entertain- ANCHOR TENANT ADDED Checkers is the latest leading retailer to confirm it will open in Ballito Junction as part of the centre’s major redevelopment and expansion that will see the mall growing to eight times its current size. >

ment for the entire family, to complement its powerful line-up of popular national retailers. The large expansion project is making excellent progress. Earthworks began in March last year and the exciting new mall will open its doors in March 2017 as the only large dominant mall immediately north of the new King Shaka International Airport. The existing mall, which continues to trade with minimum disruption, is already a favourite with shoppers and notches up strong sales. In addition to the massive new development, the mall will receive a full overhaul, and its popular Pick n Pay will be modernised, upgraded and will add a Pick n Pay liquor store.

21

CONSTRUCTION WORLD JULY 2016

Made with