Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.

Polokwane CBD to get commercial boost

18 Sep 2009
Polokwane's central business district is set to get a further boost with the renovation of 9,160sqm of prime commercial space.

City Centre Polokwane is set to open on Thursday 26 November 2009. The R67m investment in Polokwane results from a purchase of land in 2006, subsequent tenant leasing and negotiations with the city council.

"When developed, this property will become part of the 'Golden Mile' in the Polokwane CBD, stretching from the main banking corner at Thabo Mbeki and Landdros Mare Streets to the bus terminals in the north-west," says Pieter Lombaard, Moolman Group CEO.

Situated on the landmark site where the five large grain silos of the Northern Transvaal Co-Operation previously stood, the new City Centre is the result of the redevelopment of this site and will span the entire city block bordered by Rissik, Dahl, Excelsior and Bok streets.

Secured retailers include a substantial Super Spar, Standard Bank, Pep, Jet, Tops Liquor, Simply Shoes, Express Stores, Tekkie Town, Galito's and King Pie.

Two municipal properties adjoining City Centre, which were expropriated for the purpose of a taxi rank, but never developed, will now come to life with the development of City Centre.

"With public transport a necessity in this area, it was decided to develop a proper taxi rank on the municipal land instead of providing parking on the City Centre property," says Lombaard.

The City Centre owners will be investing an amount of R5m in the taxi facilities alone.

City Centre investors will develop a 77-bay taxi rank on the municipal property.
– Eugene Brink

Readers' Comments
Have a comment about this article? Email us now.

Print Print
Top Articles
Estates in Hoedspruit, Modimolle, Lydenburg and Bloemfontein offer serene African bushveld living, with stands selling from R200k and homes from R1.2m. Take a look...

South Africa's 'coolest mall' has been recognised as an innovative player in the retail space, hosting various events and delighting shoppers with over 300 stores...

The number of bonds granted was up 19.2% in the 12 months to end-September compared to the previous period, with more first-time buyers getting into the market. Read on...


Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.

Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724