Exemplar REITail has broken ground at Mbhashe Mall in Idutywa,
Eastern Cape.
The commencement of the project cements their strategic expansion
in the region with Lusiki Plaza, KwaBhaca Mall and Bizana Walk already
well-established retail developments in the province. Rural retail development experts, McCormick
Property Development (MPD) will be the developers on the project.
Work on site officially got underway in late October with
contractors beginning with bulk earthworks. A ceremonial sod turning was held
with delegates from the Idutywa Town Council, municipal officials and the Mayor
all in attendance. “As we wrap up 2023, it is exciting to finally get started
on another incredible opportunity in the Eastern Cape,” explains CEO of Exemplar,
Jason McCormick.
“We believe in the retail possibilities within the province and in
Idutywa in particular, as it serves as a regional trading hub for the entire
Mbhashe region of the Eastern Cape.
“We anticipate serving communities up to 60km away and the
development gives us a great opportunity to spread our #ChangeforGood impact
across some of the most rural communities in the country.”
Developed in partnership with local entrepreneur, Mr Livingstone
Nogoduka, Mbhashe Mall will be a single-level, double-anchored enclosed mall, with
its first phase spanning almost 19 000sqm.
Confirmed tenants include Shoprite, Shoprite Liquor, Boxer, Boxer
Liquor, OBC, Clicks, Capitec, ABSA, Truworths as well as the Pepkor and the
Studio 88 groups.
The project is expected to be complete in just over a year and
will include the signature local flair that has become synonymous with
developments done by MPD. Mbhashe Mall is the 83rd development
by the company who is celebrating four decades of development.
Since
1983, MPD has developed award-winning malls across five provinces. Innovative
concepts such as the Kasi CoLAB, a township design entrepreneurship incubator
that is in both Mamelodi Square and the Mall of Thembisa, the development of
market gardens and the inclusion of sports facilities are all key elements of
MPD developments.
Combined
with various community-centred initiatives, family-orientated entertainment and
ensuring each development has a unique local feel, both Exemplar and MPD’s
legacy of uplifting, empowering and changing, for good, while delivering world-class
retail developments, remains solid.
04 Nov 2024
31 Oct 2024
02 Oct 2024
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