Page 66 - RLI February 2019

CAPITAL MALL, Tshwane, SOUTH AfRICA
Developer: McCORMICK PROPERTY
Construction of the Oceans Mall, part of the R4.5bn
international award winning Oceans Umhlanga mixed-
use development in Umhlanga is due to start this month
and take 18 months to complete. The 36,000sq m mall
will have 103 retail outlets and will incorporate 22
international iconic luxury fashion brands, 12 magnificent
restaurants, a supercar dealership and South Africa’s first
snow-park. The intertwining mall’s exterior will culminate
in a central square with restaurants bustling out onto the
square and create an ambiance akin to that of the Las
Ramblas Boulevard of Barcelona. Restaurants will include
Hard Rock Café, Rockets, Donatellas and Nikos and many
firsts for Durban.
Capital Mall – the R1.2bn corner stone of the ‘Capital
City’ mixed-use development is all systems go. The City
of Tshwane has approved the rights for the impressive
development that is set to revolutionise both the CITY CENTRE ALMAzA, Cairo, EGYPT,
Pretoria West region as well as the McCormick Property Developer: MAjID AL fUTTAIM
portfolio. The double level mall will anchor the mixed-
use development within the node which also includes
a 150 bed private hospital, a Value Centre, motor
TAKORADI MALL, Takoradi, GHANA OCEANS MALL, Durban, SOUTH AfRICA dealerships, affordable housing, schools and community
Developer: RMB wESTPORT Developer: OCEANS UMHLANGA
facilities. The development of the Mall will be phased
with the 60,000sq m first phase set to open in 2020. It
will be the biggest development to date for McCormick
Mall of Sousse, being developed by Indigo Company, which recreation and culture. The 500m long “Garden Avenue” Property which has almost four decades of experience
will span 65,000sq m, is designed to be the main shopping is ideally located in the heart of Marrakech and connects in property development.
centre and entertainment centre in the Sahel region. It the Palais des Congrès on Boulevard Mohamed VI with the Also in development by developer McCormick Property
will consist of a Carrefour hypermarket of some 10,000sq Ménara Gardens. is the Mall of Tembisa project – a phased development that
m, a shopping arcade of around 120 boutiques for the Closed to the public for decades, Jewel City spans six has the potential to reach over 100,000sq m. Situated just
biggest brands of international and national renown, and a city blocks that were the former heart of the diamond and off Olifantsfontein Road, the first phase will consist of over
food hall made up of around fifteen restaurants. The mall, precious metals trade in Johannesburg. By redeveloping 43,000sq m of retail space with Shoprite and Superspar
which is innovative in the field of entertainment, will consist its existing buildings and constructing new buildings of confirmed as the supermarket anchors,, while discussions
essentially of a multiplex of six movie theatres operated by over 40,000sq m, property fund Divercity, with its major with Game, Dischem and Edgars as additional tenants are
the international brand “Pathé”, a relaxing space for families shareholders Atterbury and Ithemba Property and Talis at an advanced stage. The first phase also includes two
and a children’s playground. Property Fund is converting it into the heart of a thriving, proposed transport hubs, formalised schooling and high jEwEL CITY, johannesburg, SOUTH AfRICA
M Avenue, scheduled to open in late 2019, is a new 500m modern inner-city neighbourhood. The revitalised Jewel City density residential units which will all contribute to this Developer: DIvERCITY
long “Garden Avenue” located in the heart of Marrakech. will reopen to the public as a vibrant mixed-use precinct. It landmark mall. The mall is currently scheduled to open in
This unique development which is adjacent to the Four will be amenity-rich with a school, clinic, gym, parking and the first quarter of 2020; however the group is trying to
Seasons Resort Marrakech will create a new city center convenience retail as well as fast food and restaurants. It will target 2019 instead.
that will revitalise the city and will offer an innovative mix of also include 20,000sq m of commercial space, 1,200 new Zenata shopping centre, a €100M investment located
properties including a Four Seasons Private Residence, The residential apartments in its first phase and up to 1,000 in in Mohammedia (Casablanca), is being developed by
Pestana CR7 Hotel, shops, restaurants & cafes, offices and its second phase. With the reconstruction of Jewel City international shopping centre specialist Sonae Sierra
exhibition venues. The vision behind developer Downtown underway, its first tranche of retail, commercial and residential in a partnership with Marjane, Al Futtaim and Société
Hotel Corporation’s M Avenue Marrakech is for it to become space will be ready by October this year. Completion of the d’Amenagement de Zenata (Groupe CDG). Zenata
an international lifestyle destination for design, fashion, food, precinct will be in 2020. shopping centre will have 120,725sq m of GLA, with 250
shops served by approximately 3,975 parking spaces.
The centre will have 18 anchor stores, including Ikea
(opened in 2016) and a Marjane hypermarket. Adjacent
to highway A3 that connects Rabat to Casablanca, the
shopping centre will serve over 5.9 million inhabitants in
its catchment area. The first phase of the project - opened
in March 2016 - is the first Ikea store in Morocco. The
second phase comprising the shopping centre and retail
park will open in 2021. Zenata shopping centre will create zENATA, Mohammedia, MOROCCO
4,500 direct jobs for the local community, in a newly Developers: SONAE SIERRA, MARjANE, AL fUTTAIM AND GROUPE CDG
developed area with modern facilities such as a university,
a hospital, a TGV station, hotels, residential, exhibition
centre and a business district.
Upcoming project, Eko Atlantic Mall, part of the Eko
Atlantic development by developers South Energyx
Nigeria Limited, will see a new coastal city built on
Victoria Island adjacent to Lagos. The mall itself will be
107,500sq m of net leasable area and it will be the largest
shopping center in the whole of West Africa. The mall
will include a vast array of amenities and entertainment,
with ample on-site parking, giving shoppers access to
premium retail with abundant lifestyle options including
department stores, kids’ entertainment, food courts,
shops and cinemas.
M AvENUE, Marrakech, MOROCCO
Developer: DOwNTOwN HOTEL CORPORATION
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