Commercial People has learned that a leading Pretoria-based shopping centre developer and investor, Twin City, is to commence a multi-million Rand extension at Elim Mall.
The project will be undertaken in partnership with the established Tlakula family who has been a partner of Twin City since the mall was first opened back in 2013.
Ryno de Leeuw, Chief Operating Officer of Twin City, says the six-year-old mall’s 20,000m² will be extended by another 10,000m² gross leasable area (GLA). “This is in line with our strategy to dominate a region from a retail perspective as well as addressing the warranted development potential indicated by the recent opening of the Elim Value Centre and McDonald’s.”
Located in the northern Limpopo town of Elim, the mall will provide local residents with a broader range of quality retail experiences, adding 40 additional stores.
The development will leave residents spoilt for choice and will deliver an overall welcoming atmosphere for the local community, visitors or tourists from foreign countries as they bask in the picturesque views of Limpopo.
The R120 million budget will be an essential part of recruiting large scale retailers such as Nando’s, Spur and other major brands.
In addition, the newly-opened Elim Value Centre just opposite the road from the mall includes retailers such as Hi-Q, Autozone, which further strengthens the commercial value of the area.
Phase 2 will offer an extensive series of new features such as 200 additional parking bays, new sit-down restaurants, and water features.
The new phase has a focus on the commuter market, as the developers believe those who travel to visit the mall will be a significant factor in the success of the expansion of the mall.
As a company, Twin City is undoubtedly experienced in shopping mall developments as their Paledi Mall in Mankweng is also currently undergoing an extension, while their Burgersfort & Groblersdal Mall will also see further expansions within the next two years.
The extension of Elim Mall is planned for early next year, and there is already growing enthusiasm among residents for the increase in the quality of retail experience.
Commercial People are looking forward to seeing the success of Elim Mall and hope Twin City can recruit enough large retailers to boost economic growth within the rapidly developing Pretoria significantly.