Lephalale Mall first phase to open in November 2012
A new era in shopping is beginning for Lephalale and its surrounds with the Lephalale Mall development.
Lephalale Mall will open its first phase with 14800sqm of quality, convenient retail shops on 22 November 2012. It will include anchor tenants Game, in a large 4,200sqm store, and Checkers, in an equally impressive 4,100sqm store.
Representing a vast investment which will boost the local economy, Lephalale Mall is a joint venture between Moolman Group and Uniqon (Pty) Ltd. Construction commenced in January 2012.
Steph Beyers, Development Director of Moolman Group reports that Lephalale Mall has the potential to grow to a regional mall of 42,000sqm.
“The mall and surrounding node will ultimately consist of 70,000sqm of retail and other commercial space once fully developed,” says Beyers. “Lephalale Mall will be a dominant retail shopping centre serving the needs of this fast expanding town. Local residents will enjoy a new shopping experience with all the shops and products they want at a single modern location”.
Growing coal mining and power generating activities are the driving forces behind Lephalale’s growing economy.
The Waterberg Coal Field in Lephalale is one of the largest coal fields in South Africa. It is little wonder then that Lephalale’s growth is driven by mining expansion. Exxaro Grootegeluk Mine - already the biggest of its kind in the world - is now increasing in size.
Power generation is also fuelling the local economy with the construction of the new Medupi Power Station well on the way. It joins Matimba Power Station, the largest direct dry-cooled power station in the world. Further, widespread agriculture, game farming and tourism are elevating Lephalale’s status on South Africa’s economic map.
Lephalale Mall itself will play a significant part in the area’s economic development, as it grows with its market, creates opportunities, jobs, and attracts local spending.
Lephalale Mall is situated in the new town of Onverwacht, it will also serve the residents of the established Ellisras town, as well as Maropong and the surrounding areas. Lephalale Mall is on the corners of main arterial Nelson Mandela Road, Apiesdoorn Avenue and Onverwacht Road, on the western edge of the Onverwacht new CBD in a major residential growth node.
“Retail is important in any community. Lephalale Mall will serve local shopping needs in a quality, modern setting which is central for the town and its neighbours,” says Henry Bendeman of Uniqon.
Anchored by Checkers and Game the retail offering will also include Jet, Edgars Active, Mr Price Home, Mr Price Sport, Spitz, Studio 88, Rage Shoes, King Pie, MTN, Torga Optical and many more.
Founded in Polokwane, Moolman Group has successfully operated in the property industry for more than four decades. Its core business is the development and acquisition of property investment. It is no stranger to the opportunities that Limpopo offers. Moolman Group successfully co-developed Mall of the North and Makro in Polokwane, among other projects in the province.
Synonymous with innovative property developments, Uniqon has a successful track record of almost 30 years. Its vast specialist expertise spans investment, development and management across retail, commercial and residential property