Matlosana Mall
 | This article needs additional citations for verification. (June 2023) |
| Matlosana Mall | |
|---|---|
 Matlosana Mall at night | |
| General information | |
| Type | Regional mall |
| Address | 151 Joe Slovo Road, Klerksdorp, South Africa |
| Opening | 23 October 2014 |
| Cost | R1 billion |
| Owner | Redefine Properties |
| Technical details | |
| Floor area | 65,000 m2 (700,000 sq ft) |
| Design and construction | |
| Architecture firm | SVA International |
| Developer | Abacus Development Company |
| Other information | |
| Number of stores | 145 |
| Number of anchors | 8 |
| Parking |
|
| Website | |
| matlosanamall | |
Matlosana Mall is a shopping centre located in Klerksdorp, North West Province, South Africa.
Development
[edit]The mall is conveniently placed at the eastern entrance to the city, and will cater for neighbouring nodes as well. With easy access from surrounding towns, it is strategically positioned as the catalyst of the N12 development corridor. This growth node stretches between Klerksdorp and Stilfontein and are earmarked as a vital economic growth area in the region. [1]
Tenants
[edit]The mall's mix of 145 stores is led by anchor retailers Checkers, Pick n Pay, Woolworths, Edgars, Foschini, Sportsman's Warehouse and Incredible Connection.[2]
The mall hosts all major banks including FNB, Nedbank, Standard Bank, Absa, Capitec Bank, as well as all key cellular stores like, MTN, Cell C, Telkom and Vodacom.
The mall also hosts over 14 fast food and restaurant options lik KFC, Spur and Wimpy.
Cinema chain, Ster Kinekor, has announced at the cinema in the mall in be closing down after the chain has served staff with a section 189(3) notice (Labour Relations Act) back in February 2024, beginning the retrenchment process of 236 of its 728 employees.[3]
Growpoint objection
[edit]The largest property investment holding company listed on the JSE‚ Growthpoint Properties‚ has invoked the ire of Klerksdorp townsfolk over its aversion to a lucrative new development in the town.
The property group‚ which owns the town's 20‚000m² City Mall in the central business district‚ has objected to the North West Townships Board over the municipality allowing a new development on the outskirts of town - the R1bn Matlosana Mall being built by Stellenbosch-based Abacus Asset Management.
Plans for the 60‚000m² mall - situated at the eastern entrance to the town along the N12 - have been met with fierce hostility by opposing developers ever since first being mooted in 2007.
But the high-level fighting has impeded much-needed economic growth and stifled job creation‚ say townsfolk who earlier this month marched on Growthpoint.
Organised by the Matlosana Development Forum‚ marchers demanded the group explain why it was opposed to the new mall‚ even though it was unlikely to poach City Mall's central business district customers.[4]
Growthpoint's appeal to the townships board is a last-ditch attempt to halt the Matlosana Mall after fellow Klerksdorp development‚ Flamwood Walk - through owners Diggers Development - had its appeal over the development to the Supreme Court of Appeal (SCA) dismissed with costs in November last 2011.
Managing director of Abacus‚ said the development would create 2‚000 temporary jobs during the 19 months of construction‚ and thereafter 1‚500 permanent jobs.[4]
References
[edit]- ^ "New super-regional mall takes shape in Klerksdorp". Bizcommunity. Retrieved 2024-05-15.
- ^ "Matlosana Mall".
- ^ "Ster-Kinekor to cut a third of its workforce, shut down cinemas in South Africa". Business Tech. Retrieved 15 May 2024.
- ^ a b "Growpoint objects to Matlosana Mall".