27 Jul 2012
Building on its unparalleled trading success, Highveld Mall’s owners are investing R230 million to expand this regional shopping centre and enlarge its retail variety.
This is Highveld Mall’s second major expansion since it first opened in 2007.
It will increase by 20 000 square metre including 25 new shops to meet growing shopper and retailer demand.
With the new extension, Highveld Mall will comprise a 70 000 square metres of retail.
The extension will also strengthen the consumer appeal of the node.
Highveld Mall links to the Ridge Casino and Entertainment complex complete with two hotels and together they create an 85 000 square metre shopping and entertainment powerhouse.
The bigger, better Highveld Mall is anchored by a substantial 5 500 square metre Game store.
It will also introduce leading fashion brands from Guess, Forever New, Call it Spring, Fabiani, Levisons, Earthchild and Kurt Geiger, Hi Fi Corp, linen specialist Volpes, Capitec Bank, Vetsmart, Barber SA and Fish ‘n Chips Co. Local foodies Stiaan and Odette Herbst will launch Rostveld Coffee - a gourmet coffee shop complete with an on-site roaster – a first for Witbank.
The expansion provides established Highveld Mall retailers the opportunity to increase in size, to better meet their shoppers’ needs.
Truworths and Incredible Connection are both growing and @Home will triple in size to become an @Home Living Space concept store.
The extension will open in October 2012, in time for the festive period and it will also create more parking
The final components of the project, including larger stores for Edcon Group’s Edgars, Jet and Legit, will finish in April 2013.
Highveld Mall is jointly owned by Johannesburg Stock Exchange listed property company Resilient Property Income Fund, Flanagan & Gerard, Mogwele Trading 278 and Retraction Props 7.
Johann Kriek, retail director of Resilient Properties, says with over 7.2 million shoppers last year, Highveld Mall is still growing its shopper base and gaining market share in the region.
This extension will provide an even more comprehensive and complete shopping experience to Witbank, Mpumalanga and cross-border shoppers, says Kriek.
Paul Gerard of co-developers Flanagan & Gerard explains that Highveld Mall has an enviable trading track record.
It is proving highly desirable to retailers seeking to reach its increasingly influential market.
While the new extension is already substantially full, the few remaining positions will be carefully matched with retailers that will enhance the mall’s comprehensive tenant mix, he adds.
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