DEVELOPMENT: Blue Route Mall Revitalised
Recent Western Cape Business News
The 35-year-old Blue Route Mall shopping centre built in 1975, is undergoing a R850 million redevelopment.
This redevelopment was planned following extensive research. Blue Route Mall is owned by Fountainhead Property Trust and the Blue Route Mall redevelopment project will also benefit from the expertise of leading South African property services company Broll, which manages the shopping centre. The centre is scheduled for completion in April 2012.
Blue Route Mall in Tokai has always enjoyed an exemplary trading record, spanning from its establishment in the 1970’s when it comprised a strip of 10 shops, to its expanded 48,000sqm today.
Once complete, Blue Route Mall will feature 56,000sqm of premier shopping, including national retailers and original and franchised restaurants and coffee shops. Tenants will span across a wide range of shoppers’ favourites, including fashion and accessories, home decor, electronics and entertainment.
Other popular retailers include a 5,500sqm double-level Woolworths and a 4,000sqm Edgars. In addition, Broll is in negotiations with other popular retailers who have yet to debut in the area.
“Broll will ensure that all owner’s and tenants’ requirements are served efficiently, including leases, occupation dates, administration and other retail property requirements. Due consideration will also be given to shoppers’ immediate needs and for longer-term prospects.”
In the interim, Broll is challenged with ensuring that the mall remains fully functional during the redevelopment and, with the first phase of the project already underway, its business as usual at Blue Route Mall.
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