Westown is a mixed-use precinct within a managed urban environment that has secured and approved development rights of approximately 520,000 square metres of bulk floor area in Shongweni.<\/p>\n\n\n\n
The first sod on the development was turned for the construction of the retail high-street experience of Westown Square a year ago, in late September 2022. <\/p>\n\n\n\n
\u201cThe speed at which the development team is moving is a testament to our unequivocal commitment to the long-term realisation of this ultimate R15 billion investment in eThekwini,\u201d said Carlos Correia, CEO of Fundamentum Property Group.<\/p>\n\n\n\n
The mall was designed by MDS Architecture in a joint venture with Boogertman and Partners KZN.<\/p>\n\n\n\n
Absa is the primary funder of the\u00a0project, a catalytic investment.<\/p>\n\n\n\n
“Together with the\u00a0R730 million\u00a0in roads and other infrastructure\u00a0currently under construction\u00a0by the\u00a0eThekwini\u00a0Municipality\u00a0in partnership with Fundamentum,\u00a0(the investment) has not only enabled Westown to get off the ground but\u00a0will leverage a further R14 billion in investment\u00a0across the Westown development over the next decade,” the developers said.<\/p>\n\n\n\n
Speaking at the one-year anniversary event, Charles Russon, Chief Executive of Corporate and Investment Banking at Absa noted that the development of Westown Square will have a positive impact on KZN and the local community.<\/p>\n\n\n\n Confirmed anchor tenants for the mall include Checkers Hyper (The Shoprite Group), Pick n Pay, Dischem, Edgars (Retailaibility), Mr Price, and Clicks.<\/p>\n\n\n\n The brands will be launching “premium” stores at the retail centre, many of which will be servicing the area for the first time.<\/p>\n\n\n\n Shoprite will be occupying approximately 10,000 square metres of space between four standalone outlets – Checkers Hyper, Petshop Science, Little Me, and Checkers Outdoor.<\/p>\n\n\n\n The Pick n Pay @ Westown Square will follow the group\u2019s latest revamp model, and Edgars will launch a new look store, the group said.<\/p>\n\n\n\n The development will also feature \u201cThe Barn\u201d, which is a market concept that will offer \u201cbespoke experiences, with food, wine, local produce and handmade crafts housed in a textured environment of warmth and greenery\u201d.<\/p>\n\n\n\n More developments to come<\/strong><\/p>\n\n\n\n As part of the one-year event, JSE-listed\u00a0Balwin announced that it will develop Shongweni Park, a 1,260-apartment lifestyle estate in Westown. <\/p>\n\n\n\n Shongweni Park will form part of Balwin\u2019s Classic range of lifestyle estates and will comprise 20 phases to be built out over the next four years.<\/p>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/10\/Westown-End-September-2023.jpg\")
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