Mall in demand
2005-02-21
ABOUT 80% of the rentals of the Paarl Mall were already committed, said Pat Flanagan, co-developer of the Paarl Mall which is currently under construction, at the leasing launch last year.
There will be 100 shops, including Pick 'n Pay, Edgars, Woolworths, the Foschini Group, the Clicks Group, the Pepkor Group, Truworths and Mr Price, among others.
Flanagan said 45% of the shops will be let to local lessees. He can be contacted on (011) 880-2213.
The mall is situated on 14 hectares in Southern Paarl on part of the Langeberg site and will consist of 36 000 square metres of retail shops, including restaurants and coffee shops. The shopping centre will boast 2200 free parking bays, as well as a direct access route from the N1 at the Cecelia Street bridge.
According to Flanagan the new stakeholders are investing R300 million in the development which is to open in October 2005.
The larger stores will retain their outlets in central Paarl, thus the mall should not affect the Paarl CBD, Flanagan said.
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