Coen Welsh | Nov 14, 2017 | 0
Grove Mall developers break ground in Walvis
Atterbury developers will go ahead this week with a new mall development for a R650 million mall in the port town of Walvis Bay.
Atterbury is the joint developer and co-owner of the newly named Dunes Mall, previously called the Erongo Mall development. Bulk earthworks on the mall began in November 2015 and its doors are set to open to the public late next year. The other partner is property developer Safland. The stalled Walvis Bay project could only continue after Safland and Atterbury reached a cooperation agreement which was announced earlier in February.
Louis van der Watt, CEO of Atterbury, is happy that the unique development and the first of its size will come to the town of Walvis Bay.
“Dunes Mall will be the largest mall in the city and the second largest in Namibia, after Atterbury’s The Grove Mall of Namibia. Our investment continues Atterbury’s African expansion and our commitment to the continent.”
At 30,000sqm, the new Dunes Mall development in Walvis Bay is larger than originally envisioned. It will offer a comprehensive and exciting variety of shopping and entertainment for Walvis Bay residents and visitors, as well as people from throughout Namibia’s greater Erongo region.
Atterbury is a developer of retail property in Africa and beyond. Its motto “a matter of association” show in its belief in beneficial partnerships with best-in-class businesses. For the Dunes Mall project, it has partnered with Safland, one of the leading retail mall developers in Namibia.
The two joined forces previously to develop The Grove Mall of Namibia in the country’s capital Windhoek, which has become Namibia’s icon of world-class retail.
Cobus van Heerden, Atterbury’s Director of Retail notes that Dunes Mall is excellently positioned to meet both retailer and consumer demand in this popular and important city.
It benefits from a prime location at a major road intersection close to the city’s airport and the iconic tourism area of Swakopmund. Dunes Mall is designed to take best advantage of its good site.
In addition, the prime site chosen by Atterbury for Dunes Mall also forms part of a development node that serves a rapidly growing market and offers future expansion possibility.
Van Heerden said that the Dunes Mall is expected to be an accelerator for even more development and investment in the area and that it will be a boost for the local economy in Walvis Bay and its surrounding region.
On completion it will create around 700 sustainable jobs while also giving the people who live nearby a first-class and all-inclusive shopping experience, conveniently located right on their doorsteps.”
Dunes Mall will be anchored by leading retail brand Shoprite, while negotiations with two other major anchors are at an advanced stage. In addition it will feature an appealing selection of stores, services, fast food outlets, restaurants and entertainment.