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CONSTRUCTION WORLD
SEPTEMBER
2017
A quarter-of-a-million people shopped at the new world-class
Springs Mall during its first 10 days of trading. It opened on
16 March to become the first regional shopping mall in the
Ekurhuleni city of Springs.
The R950-million two-level Springs Mall features a mix of
170 shops, restaurants and services, led by anchor retailers
Woolworths, Checkers, Pick n Pay and Edgars. The 48 000 m
2
development saw a joint venture between Flanagan & Gerard,
Blue Crane Eco Mall, Vukile Property Fund and Murinda
Investments, part of the Giuricich Bros Group, with the mall’s
overall vision inspired by the Springs-based D’Arrigo family.
This was closely followed by Ballito Junction Regional Mall, a
major expansion of the existing 10 000 m
2
shopping centre, which
was transformed to an impressive 80 000 m
2
, to open its doors
fully-let on the Dolphin Coast of KwaZulu-Natal on 23 March.
Owned and developed by the consortium of Menlyn Maine
Investment Holdings together with Flanagan & Gerard, Ballito
Junction brings an array of comprehensive, quality shopping to
the growing, diverse and flourishing consumers of Ballito and its
surrounds, in 200 stores.
Paul Gerard, Managing Director of Flanagan & Gerard
Property Development and Investment says, “the company’s
latest developments were motivated by the long-term vision
to provide exceptional shopping with every detail carefully
considered to support trading success and relevance for each
region’s residents”.
Complementing the successful duo of Springs Mall and Ballito
Junction is the eagerly awaited Thavhani Mall which will officially
celebrate its grand opening on Thursday, 24 August.
The 50 000 m
2
regional shopping centre will be the largest in
the thriving town of Thohoyandou, Limpopo as well as the greater
Thulamela Municipality with the introduction of a wide variety of
retail firsts to the region, boasting over 134 shops, restaurants
and service outlets.
Developing shopping centres which open fully let and on time
has become a distinguishing hallmark of Flanagan & Gerard.
“Springs Mall, Ballito Junction and Thavhani Mall each represent
top quality shopping destinations in the appropriate location,”
notes Gerard. “The benefits of these centres also go beyond this
to support job creation in addition to long-term positive impacts
such as keeping residents’ vital retail spend within the local
economy,” he adds.
Bumper year
Leading Gauteng-based retail property developers and investors, Flanagan
& Gerard Property Development & Investment are set for a groundbreaking
year with two successful mall openings in the first half of 2017 and another
scheduled for this August.
TOP TO BOTTOM:
Ballito Junction,
Springs Mall, and
Thavhani Mall.
Paul Gerard, Managing
Director of Flanagan
& Gerard Property
Development.