The exterior of the planned Grandwest Mall that will open by June next year.
A major injection of private sector investment has officially broken ground in Cape Town as construction begins on the new R650 million GrandWest Mall development.
This milestone single-level convenience shopping centre, which marked its formal commencement with a traditional sod-turning ceremony this week, represents a high-profile joint venture between the Flanagan & Gerard Property Group holding a 90% stake and Sun International subsidiary GrandWest retaining 10%.
This significant retail expansion is set to transform the existing GrandWest entertainment precinct into a highly connected lifestyle hub, with developers promising a seamless rollout that will not disrupt the normal daily operations of the site's popular casino, hotel and leisure facilities.
Commercial momentum for the 22 000 square metre development is already exceptionally strong, with more than 70% of the gross lettable area securely let and an additional 20% currently under offer. The mall will be anchored by two major premium grocery retailers, a 3000 square metre Checkers FreshX and a 2500 square metre SuperSpar, alongside major national brands including Dis-Chem, Clicks, Truworths, Pepkor and the Mr Price Group.
