{"id":114480,"date":"2016-02-28T19:00:31","date_gmt":"2016-02-28T17:00:31","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=114480"},"modified":"2016-02-28T20:55:07","modified_gmt":"2016-02-28T18:55:07","slug":"a-look-at-the-massive-r5-billion-mall-being-built-in-joburg","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/114480\/a-look-at-the-massive-r5-billion-mall-being-built-in-joburg\/","title":{"rendered":"A look at the massive R5 billion mall being built in Joburg"},"content":{"rendered":"

The Mall of Africa, the new development located in the Waterfall Estate between Midrand and Sandton is set to become one of the largest shopping malls on the African continent.<\/p>\n

The mall, located off the N1 highway in Midrand, is set to finish construction at the end of April 2016.<\/p>\n

While the development occupies the biggest space for any mall on the African continent (485,000 square metres), the shopping space itself is “only” 131,000 squares – which is smaller than the 220,000 square metre Gateway Shopping Centre in Durban –\u00a0 the largest mall in Africa.<\/p>\n

According to developers, Atterbury Property Group, the new complex is South Africa’s and Africa’s biggest single-phase shopping mall ever built – larger than Cape Town\u2019s V&A Waterfront and rival to Sandton City.<\/p>\n

The new site will boast over 300 shops, and will play host to a plethora of local and international brands. It will have over 7,000 parking bays.<\/p>\n

H&M, Zara, Hamleys, Cotton On and Forever 21 are among international brands opening flagship stores, Attebury said, while anchor tenants include Edcon, Woolworths, Game and Checkers Hyper.<\/p>\n

The mall initially carried a development cost of around R3.2 billion, but is now estimated to be closer to R5 billion.<\/p>\n

According to the developers, 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.<\/p>\n

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.<\/p>\n

Concept<\/strong><\/p>\n

\"Mall-of-Africa-overall\" \"Mall-of-Africa-Overall-Day2\" \"mall \"Mall-of-Africa-NorthEast-Close\"<\/p>\n

Construction<\/strong><\/p>\n

\"Mall \"Mall \"Mall \"Mall<\/p>\n

More on development<\/h3>\n

Five multi-billion-rand cities being built in Gauteng<\/a><\/strong><\/p>\n

A look at Pretoria\u2019s new R44 billion city<\/a><\/strong><\/p>\n

South Africa\u2019s new megacity: Jo-Toria<\/strong><\/a><\/p>\n

Gauteng\u2019s R84 billion smart city is coming<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Set to finish construction at the end of April 2016, the Mall of Africa will become one of the biggest shopping malls on the African continent.<\/p>\n","protected":false},"author":10,"featured_media":114490,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872,1],"tags":[26,11178,11176],"class_list":["post-114480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-trending","tag-headline","tag-mall-of-africa","tag-waterfall"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=114480"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114480\/revisions"}],"predecessor-version":[{"id":114646,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114480\/revisions\/114646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/114490"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=114480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=114480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=114480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}