Development of Thavhani Mall a step closer

The Thulamela Municipality has confirmed the transfer of 27ha to Thavhani Property Investments on which the new 50,000m2 Thavhani Mall will be developed.

The land transfer brings the landmark R950m mall development a step closer, opening the way for construction to commence soon. The prime site was purchased from the municipality by the developers for the mall development and as part of a new commercial property development node in the bustling Limpopo town.

Patrick Flanagan, executive director of Flanagan & Gerard Property Development and Investment, a shareholder in Thavhani Property Investments, says Thavhani Mall will be a top-notch regional shopping centre. “With more than 106 retail stores, restaurants and service outlets, the people of Thulamela will be delighted to have access to a modern shopping mall on their doorstep.”

Key economic development

“It is great that we can finally start construction on Thavhani Mall. I’m looking forward to seeing the mall rise from the ground as a key economic development in Thohoyandou that will anchor a bigger commercial nodal development. It will boost the local economy and create much-needed jobs,” local businessman Khosi Ramovha of Thavhani Property Investments, who first had the vision for the mall six years ago, comments.

The Thavhani Mall development will take up approximately 12ha of the 27ha site, which is in a prime location at the intersection of the R524 road to Louis Trichardt. The mall is set to be the first step in creating an exciting surrounding mixed-use node, with future developments including drive-through restaurants, motor dealerships, an office park, big-box retail and other commercial developments.

Opening in 2017

“This is a hugely exciting development for us and is one of the biggest new property developments in Limpopo. With the land transfer having been finalised and construction set to start soon, Thavhani Mall is now scheduled to be complete and open its doors in 2017,” says Flanagan.

“Besides being a major investment in Thulamela, much-needed local jobs will become available through the development. There will be temporary jobs during construction, in addition to permanent job opportunities when the mall opens for trade. Most of the labour will be sourced from the local community.”

“Thavhani Mall will become a landmark and is going to change the face of Thulamela,” Paul Gerard, managing director of Flanagan & Gerard, comments. “The development will be the catalyst for a new precinct and hub of retail, commercial and community services for the local people. It is going to be developed on a spectacular site that has excellent access and visibility. As a double-level centre, the mall will have a combination of lifts, stairs and escalators to assist shoppers and will offer shoppers a quality retail experience with a comprehensive mix of stores.”

Source: bizcommunity

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