The second biggest city in the African continent, Johannesburg is not known only for its best tourist attractions but as also as one of the busiest places in the world. What would make the city more attractive for pleasure and businesses left for the ever busy OR Tambo International Airport, the Golden Reef city and the Monti Casino. Today we have an additional massive R5 billion mall which could be the largest in the whole of Africa.
The Mall of Africa, is a new development located in the Waterfall Estate between Midrand and Sandton. It is located off the N1 highway in Midrand, and is set to finish construction at the end of April 2016.
Though the mall is said to be covering a total land space of 131,000 squares, the amazing fact still remains that its development occupies the biggest space for any mall on the African continent (485,000 square metres)
The new site will stand to cover over 300 shops and over 7,000 parking bays. It will play host to a plethora of local and international brands.
According to Atterbury Property Group (an over 21 years old development and investment company), the new complex is South Africa’s and Africa’s biggest single-phase shopping mall ever built – larger than Cape Town’s V&A Waterfront and rival to Sandton City.
International brands like H&M, Zara, Hamleys, Cotton On and Forever 21 would be parts of the brand that will be opening flagship stores while anchor tenants include Edcon, Woolworths, Game and Checkers Hyper Attebury. said.
The developers further said that it will serve as the hub of the 323ha Waterfall development project, which is estimated to be carrying a cost of R71 billion to complete, with 11 more years of development still to go.
The Waterfall development is expected to expand over the next 10 to 15 years to become around the same size as Sandton, and bigger than the Joburg inner CBD. The mall initially carried a development cost of around R3.2 billion, but is now estimated to be closer to R5 billion.
Johannesburg has been known to be over 120 years old, it is amazing how the city continues to be one of the youngest major cities in the world.