Thavhani Mall Opens To Much Fanfare
Thavhani Mall, the highly anticipated new 50,000sqm regional mall, has introduced the largest selection of leisure and shopping retail in the region, bringing nearly 140 new retail tenants to the area. The mall was well received by local consumers and shoppers from neighbouring towns, who came out in record numbers to enjoy the world-class shopping experience that Thavhani Mall promised.
The mall is the vision of Thavhani Property Investments, who worked on making the mall a reality for over eight years. In order to bring their vision to life, Thavhani Property Investments partnered with leading South African shopping centre investors and developers, Flanagan & Gerard Property Development and Investment, and co-owners JSE-listed retail REIT Vukile Property Fund.
Spurring Economic Activity
Executive Mayor, Radzilani Florence highlighted the powerful economic impacts that the mall represents for its community by reminding guests at the opening celebration of Thavhani Mall about the high levels of poverty in South Africa, and in Limpopo specifically. With the more than 100 retailers taking up residence in the mall, it had the knock on effect of spurring job growth and economic development in the area.
With the support of Thulamela Municipality, the mall’s success is further guaranteed. Bringing a better shopping experience to consumers will be what cements the mall’s success, and what will continue to spur on its future development.
Thavhani is only surpassed by Mall of the North in Limpopo, which consists of 150 stores. The development also includes the Thavhani Office Park, medical centre, auto city and value centre, which only serves to strengthen the overall entrenchment of the scheme. By focusing their efforts on the economy, the mall will continue to draw in shoppers to justify its investment from its tenants.
Image courtesy of : Thavhani Mall