Fourways Mall, which has been under construction since 2016, is set to be the last of an era of massive shopping complexes.
The amount of money South Africans have spent on online shopping from 2013 to 2018 has more than tripled, according to
This spells trouble to physical store expansions, with empty store spaces nearly tripling from 2013, according to a report released by the SA Property Owners Association.
The new and improved mall undertook a
The developers’ multibillion-rand investment into the re-development of Fourways Mall includes key developmental milestones which, to date, include the availability of 3,000 additional parking bays, road infrastructure improvements, and the food court and entertainment offerings. New stores at the mall will include a mix of local and international tenants such as Lindt, Hamleys, Cotton On, Nike, G Star Raw, Starbucks, and Superdry, while many existing tenants, such as Mr Price, the Foschini Group stores, Edgars and Woolworths, are expanding their stores,
Over R280 million was also invested in road upgrades to create three lanes on Fourways Boulevard, and an additional turning lane into Short Street, one of the mall’s main entrances.
Luckily, this is set to end in August when the monumental mall is scheduled to open. It was initially meant to open its doors in September last year, and then in April this year, but experienced delays owed to contractors closing down.
Fourways Mall is owned by Accelerate Property Fund, who told Business Day that the expansion took place due to tenants demanding more space.
Once the mall is completed in August, it will officially be Africa’s largest mall – beating the Mall of Africa, Gateway Theatre Shopping Centre and Sandton City.