Kuruman Mall doubles in size with R400m redevelopment

Posted On Friday, 18 September 2015 09:03 Published by
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Moolman Group partnered with Kuruman Eiendomsontwikkelaars in 2013 to acquire the existing Shoprite Centre on Livingstone Street, situated in the heart of Kuruman in the Northern Cape.

Kuruman Mall

This area is responsible for producing an estimated 84% of South Africa’s iron ore. Currently the well-established 12,800m² centre is located across from a very prominent taxi rank. The Moolman Group, however, saw great potential and a clear gap in the market and quickly made the decision to redevelop the centre.

Part of its attractiveness is that Kuruman has become a commerce hub not only for its residents, but also miners and farmers from surrounding areas and tourists too.

Kuruman Mall’s owners started with overhauling the existing shopping centre as part of the project’s first phase, and then more than doubling its size to a 26,000m² centre for the project’s second phase. Hermann Stassen, Development Manager for Moolman Group, says: “The first phase was successfully re-opened in November 2014 and has been trading exceptionally well since.”

He adds: “The redevelopment of the centre so far has greatly improved Kuruman Mall, but also contributed to reinvigorating the condition of the CBD, affording shoppers the opportunity to shop in a safe and convenient environment.”

Adding to this, the construction of the second phase has been underway over the past year, with minimal disruption to the tenants and shoppers.

The second phase, aimed at the more affluent market, includes national anchor Checkers, as well as Woolworths, Cape Union Mart, Pick n Pay Clothing, Markham, Foschini, and Edgars – greatly enhancing the centre’s already strong fashion offering.

Other national tenants joining Kuruman Mall include Mr Price, Sheet Street, Milady's, Skipper Bar, African Bank, Truworths and Identity.

The redevelopment of the centre comes with an estimated project value of R400 million, with approximately 300 job opportunities created during the construction phase.

Moolman Group is a highly respected property investment enterprise that owns and manages property portfolios across Southern Africa, and provides a comprehensive and professional approach to property development.

Last modified on Wednesday, 07 October 2015 13:18

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