Friday, 10 December 2010

Multi-million dollar mall to be built in Vic Falls

A multi-million dollar "one stop" shopping mall is set to be built in Victoria Falls next year.

Plans for the construction of the upmarket mall are at an advanced stage.

Construction of Mosi-oa-Tunya Gateway Shopping Mall is expected to begin early next year.

The Bulawayo managing partner of Knight Frank Zimbabwe, Mr Oswald Nyakunika, said his company had been mandated to put together a balanced tenant mix that would reflect the exciting theme of the centre.

The marketing of the centre will be spearheaded and managed by Knight Frank.
Calwood Investments Private Limited is funding the project.

"A new development is going to take place in Victoria Falls. We are ready to take off anytime and we are just finalising details on anchor tenants. An impressively designed shopping mall, is targeted at the progressive retailer and discerning shopper to enjoy a world class African shopping experience.

"The developer is Calwood Investments and is very excited about the project which will transform and take shopping to a new level in Victoria Falls. The project has already been approved by all parties concerned," he said.

Murray and Roberts would undertake the construction of the project and the site for the construction has been identified.

"Murray and Roberts have extensive experience in delivering high quality and sustainable projects and would deliver this project within nine months of commissioning. Mosi-oa-Tunya Gateway Shopping Mall is appropriately located at the corner of Livingstone Way and Kazungula Road at the entrance to Victoria Falls town. The development will be highly visible and abutting these major roads from Kazungula, Bulawayo and the airport into town," Mr Nyakunika said.

The location of the shopping mall in a town characterised by the mighty thundery of the Victoria Falls would definitely boost the country's tourism industry.

The shopping mall would offer 36 shops ranging from 40 square metres to 1 800 square metres on ground and first floor.

Mr Nyakunika said the shopping mall could accommodate a full complement of shops such as pharmacies, banks, clothing stores, hardware and electrical appliance shops.

"The large anchor shop is approximately 1 800 square metres and can accommodate a large retail warehouse, a wholesale cash and carry, superstore or large supermarket whose catchment area is in excess of 100 kilometres, supporting the entire region of Victoria Falls and the nearby towns of Hwange and Lupane, as well as Livingstone in Zambia, Kasane in Botswana and Kazungula at the borders of Zambia, Botswana and Namibia," he said.

"The shopping mall's elegant design is characteristic to the preserved natural environment in which it is set. The open-air food courts, restaurants and courtyards, wide verandas and shop fronts create both a tasteful and an inviting experience.

"The developers of this prestigious project invite prospective tenants to indicate their interest and showcase their product and service offering to Knight Frank who are the appointed marketing agents," said Mr Nyakunika.

Source: Multi-million dollar mall to be built in Vic Falls (09/12/10)

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