Limited shop space available as retailers flock to Springs Mall
Springs Mall at Blue Crane Eco Park is already over 90% let some eight months before it opens in 2017. The 48 000m2 mall asset under development in Springs, Ekurhuleni, represents a substantial R950 million investment.
The project is the brainchild of the Springs-based D’Arrigo family and is a joint venture between Blue Crane Eco Mall shopping centre developers, leasing specialists Flanagan & Gerard Property Development & Investment, JSE-listed retail focused REIT Vukile Property Fund and Murinda Investments, which is part of the Giuricich Bros Group.
Springs doesn’t currently have a major mall, so it is no surprise that leading retail brands have set their sights on securing space at the iconic new Springs Mall.
“The response has been phenomenal,” says Paul Gerard of Flanagan & Gerard. “Retailers have identified the great business opportunity the mall creates in the area. The strong take-up of space highlights retailer confidence in the Springs Mall and the spending power of the region.”
Anchor tenants at Springs Mall include Woolworths, Checkers, Pick n Pay and Edgars.
Fashion brands opening at the mall include South African favourites Truworths, Foschini, Legit, Exact, Donna Claire, Milady’s, Identity, Contempo, Pick n Pay Clothing, Jet, Ackermans, Pep, Fashion Express, Jam Clothing, and Mr Price.
Bogart Man, Kurt Geiger and Markham will offer men’s fashion. Children will be well dressed with Soda Block.
There will also be a great selection of apparel for sports and the outdoors from Cape Union Mart, Due South, Mr Price Sport, Old Khaki, The Cross Trainer, Sportscene, Total Sports and Studio 88.
Specialist footwear retailers will include Spitz, Side Step, Green Cross and Shoe City.
All this will be complemented with a unique mix of independent clothing boutiques.
Gerard reports there’ll be even more fashion variety on offer in the final mix at Springs Mall “With very limited space still available at Springs Mall, now is the time to secure a place,” Gerard says.
Destined to become a dominant mall in the region, the new Springs Mall benefits from excellent access off the N17 highway and Wit and Jan Smuts Roads. The mall’s owners have also invested in major improvements to the roads around the mall.