Huge new shopping mall coming to South Africa in R5 billion government development

Construction has started on the Leratong Mixed-Use Development in Gauteng, which will include thousands of housing units and a massive shopping centre.

The new development was launched by Gauteng Premier Panyaza Lesufi, MEC for Human Settlement Tasneem Motara and Mogale City Mayor Lucky Sele.

The new R5 billion public-private partnership forms a public-private partnership between Mogale City and Trendville Investments.

The new development has been conceptualised and driven by Mogale City and Trendville Investments to redress historic spatial inequalities and unlock opportunities in Kagiso and Mogale City.

Trendville Investments shares directors with McCormick Property Development, one of the country’s largest retail developers, specialising in underserviced and underdevelopment areas.

The group has opened several malls over the last few months, and only launched Leeuwfontein Crossing last week.

The new development will be strategically located around the Leratong Hospital and Randfontein Road corridor.

It will deliver over 15,000 mixed-income housing units and a 35,000 sqm shopping centre, which are set to open in November 2026.

The new development will also result in upgraded infrastructure, improved public amenities and a new localised economy for the local community.

Mayor Sele said that the new project is a direct outcome of Mogale City’s spatial vision, which is rooted in equity, redress and inclusive growth. The provincial government is providing support to the municipality.

“This is more than a development. It is reclaiming our people’s space, dignity and opportunity,” said Sele.

“As the Urban City Centre, Mogale City, we remain committed to building liveable communities where our residents can live, work and thrive — close to transport, healthcare, jobs and each other.”

On top of the infrastructure delivery, the project is expected to create thousands of permanent and construction job opportunities, stimulate SMME development and catalyse local procurement.

The project is expected to create 2,500 construction jobs and 750 jobs during its operational phase.

The project’s Internal Rate of Return (IRR) is estimated to be 12%, which is essentially the expected annual compound return on an investment.

While the project will cost an estiamted R5 billion, R150 million has already been invested before the sod was even turned.

Gauteng’s Lesufi and Motara commended Mogale City’s leadership for its proactive planning, community-centred approach and firm commitment to the development of local government.

“The Leratong Node is not just a project. It is the beginning of a new Urban City Centre,” said Sele.

Leratong City Mall concept art

Sod-turning ceremony