Redefine Properties’ Matlosana Mall in Klerksdorp, North West, opened its doors for the first time on 23 October, delighting crowds of shoppers who came to enjoy the grand opening of this landmark shopping centre, and be among the first to experience its retail outlets and restaurants.
Cutting the ribbon to mark the opening of the super-regional Matlosana Mall, were Jaco Odendaal of Abacus Asset Management; Executive Mayor of the Kenneth Kaunda District Municipality, Pinkie Moloi; Matlosana Mayor, Mike Khauoe; Wendy Nelson, North West MEC for Treasury and Enterprise Development; and Redefine Properties Executive Director, Mike Ruttell.Measuring a sizeable 65 180 square metres, this super-regional mall brings world-class shopping to the Klerksdorp region and adds a quality retail asset to Redefine’s property portfolio.
JSE-listed REIT Redefine has invested approximately R1 billion to develop the high-quality Matlosana Mall. Its developer and leasing manager is Abacus Asset Managers.
The super-regional shopping centre features a selection of 145 exciting stores and tempting restaurants.
Redefine’s Development Director, Mike Ruttell, says Matlosana Mall is a significant project that meets all the criteria for a super-regional shopping mall. Most importantly, it meets a real need for wide-ranging, quality retail in this community.
“Matlosana Mall’s excellent location, easy access, ample parking, modern design, superb retailers, and great dining and entertainment choices all add up to an appealing new shopping experience for the under-retailed consumer market of Klerksdorp and beyond,” he says.
The mall features many of South Africa’s favourite retailers, including anchor tenants Checkers, Pick n Pay, Woolworths, Edgars and Foschini. Shoppers were spoilt for choice on the opening day, with a vast variety of leading national brands and independent retailers across a wide diversity of shopping categories.
Shoppers were welcomed to a show of fashion, lifestyle, goodies and gadgets, as well as an exceptional line-up of groceries and a strong selection of fun, fast food and restaurants.
Ruttell says while the mall brings together the best retail in South Africa, under a single roof, one of the most important considerations in selecting the tenant mix has been matching it to consumers. Matlosana Mall’s shops and restaurants have been chosen with the needs and desires of its shopper profile in mind.
Redefine’s goal was to ensure that the development of the mall resulted in valuable impacts for its surrounding community.
The development has also created employment, employing some 3 000 people and 102 different subcontractors on its safe site, during the 18-month construction of the mall.
Road infrastructure has also been improved, with two access points from the N12 highway having been constructed as part of the mall’s development. The highway has also been widened to three lanes adjacent to the mall. This makes it easy for shoppers from surrounding towns to enjoy a day at the mall.
Matlosana Mall has added valuable potential, as it is conveniently placed at the eastern entrance to the town, as the catalyst of the N12 development corridor.
This growth node stretches between Klerksdorp and Stilfontein and is earmarked as a vital economic growth area in the region. Matlosana Mall is environmentally responsible, using green building techniques and technology. Its design incorporates best practice green building principles, including energy-efficient lighting.
Ruttell says the mall will boost the local economy by keeping consumer spend within the region, and shoppers no longer have to travel unnecessarily to get the retail brands, ranges and products they want.
“This mall is a wide-ranging and appealing experience for all its shoppers. It is also an excellent opportunity for Redefine to grow its retail portfolio with a quality super-regional shopping mall tailored to meet all our investment criteria,” says Ruttell.
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