Work to begin on Springs monster Shopping Mall…(South Africa)

Work to begin on Springs monster Shopping Mall

Artist’s impression of R850m Springs Mall, a 52 000sqm shopping mall to serve the greater Springs area in Ekurhuleni east of Gauteng.
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Development will soon begin at Springs Eco Park on a R850 million Springs Mall, claimed to be the regional shopping centre serving the greater Springs area in Ekurhuleni east of Gauteng.

Springs Mall is positioned in the suburb of Casseldale. It enjoys an enviable location at the intersection of the N17 highway and R51/Wit Road.

The 52,000sqm mall benefits from accessibility off Jan Smuts Road, outstanding frontage on the N17 highway and prominent visibility. In fact, the two-level mall will be visible up to 5km away for people travelling on the N17 highway.

Developed and owned in joint venture by Flanagan & Gerard Developments, Blue Crane EcoMall (Pty) Ltd and the family of Giuricich Brothers, Springs Mall is the brainchild of Springs businessman Franco D’Arrigo.

The D’Arrigo family has lived in Springs for three generations and is passionately invested in the future of this city. It first announced its plans to develop Springs Mall in 2008. Since then, this Springs family has been unrelenting in its resolve make its vision for the mall a reality.

Now, after years of anticipation, the construction of Springs Mall is imminent.

The Jack D’Arrigo family has grown Springs business Elco Steel into one of Gauteng’s largest private steel companies over the past 40 years. It also offers its services in Botswana, Namibia, Swaziland, Lesotho, Malawi and Zimbabwe.

Founded in Johannesburg in 1940, Giuricich Bros Construction (Pty) Ltd operates throughout South Africa. Renowned within the construction industry for the quality and variety of its projects, it specialises in building and civil construction, project and construction management and property development.

Flanagan & Gerard is a developer and investor in dominant regional shopping centres. Its developments since its founding in 2001 include Paarl Mall, Vaal Mall, Highveld Mall, Mall of the North and Middelburg Mall. It also developed New Redruth Village, Morningside Shopping Centre, Bedworth Centre, Makro Vanderbijlpark and Nicolway Bryanston.

Patrick Flanagan of Flanagan and Gerard says, “Springs Mall has all the ingredients for an exceptional retail development.”

Franco D’Arrigo explains that the social and economic impact of the regional mall will extend well beyond the borders of Springs.

“The mall is estimated to create between 500 and 700 jobs during the construction phase and a further 1,200 to 1,500 sustainable jobs after it opens,” explains Franco. “Local employment will be prioritised.”

The mall is expected to retain between R300 million to R500 million in revenue which is currently being spend outside of its borders and boost the Springs economy by R1.2 billion.

Springs Mall will cater for shoppers in its primary market of greater Springs including residents from Casseldale, Strubenvale, Pollak Park, New Era, Edelweiss, Selection Park, Nuffield, Selcourt, Sharon Park, Dunnottar, Brenthurst, Geduld, Petersfield, East Geduld, Bakerton, Welgedacht, and Paul Krugersoord. These people are mainly middle- to high-income earning consumers, from LSM 4 to 10+.

It will also attract shoppers from further afield including neighbouring towns like Vischkuil, Nigel, Devon and Leandra. In addition, Springs Mall will serve as an interceptor to the metropolitan area capturing trade on the N17 as far west as Ermelo in Mpumalanga.

Commenting, mayoral spokesperson for the City of Ekurhuleni, Zweli Dlamini says, “We welcome investment that improves our economy, creates jobs and assists with fighting poverty. We strive to build a liveable city and we can only achieve this by working together with the private sector.”

Dlamini describes Ekurhuleni as a sleeping giant in terms of economy development. “The City of Ekurhuleni is the most strategic for any investor. Apart from being home to the gateway of Africa and one of the busiest international airports in O.R Tambo, it is criss-crossed by all the major freeways in the country and hosts the biggest railway station in Germiston – thus making it every investor’s dream.

“We are a destination of choice to stay, work and play, and we welcome any investment be it small, medium or large because ours is to ensure that we create jobs, fight poverty and live up to the challenge of be the most liveable city in the province. Moreover we have the capacity to provide quality and sustainable services at all times,” says Dlamini.

Scheduled to start trading in April 2016, the centre will provide free open-air parking on both its shopping levels.

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