New Limpopo mall to boost regional economy |
| Mar 03 2009 |
The regional mall will have a gross total of 75 000m2 of leasable floor space as well as parking for up to 4 500 cars. Anchor tenants include Pick n Pay and Checkers which are joined by other major retailers such as Edgars, Woolworths, and Game. The mall will also include a Food Court and a six-screen cinema complex.
Patrick Flanagan of property developer Flanagan & Gerard explains that the Mall of the North will create a broader based retail, restaurant and entertainment offering in Polokwane and result in a significant retention of important gross retail spend in Limpopo, which is currently being spent elsewhere, notably Gauteng.
“It will also attract additional consumer spend to the area by unlocking new retail prospects. “Mall of the North will serve Polokwane as well as the entire northern region of the country with cross-border shopping as an additional factor,” said Flanagan.
Earthworks on the mall commenced at the end of February. The mall is expected to be open in the first quarter of 2011.
Adapted from Source: www.sagoodnews.co.za, 2 March 2009
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