PROPERTY developer Atterbury said on Tuesday it would develop Namibia’s "largest single commercial property development", the 54,000m² Mall of Namibia: The Grove, in Windhoek, with Demashuwa Properties and Safland Property Group.
The R1.3bn three-level mall, which will have restaurants, shops and entertainment facilities, would open in September next year, "launching Namibia’s dominant retail mall", Atterbury Property Developments MD James Ehlers said.
The property developer has targeted the rest of Africa over the past two years, having developed a mall in Mauritius in 2011 and acquiring a stake in Ghana’s Accra Mall last year.
Mall of Namibia: The Grove had secured Game, Shoprite, Woolworths, Edgars and Spar stores as anchor tenants, Atterbury said.
The mall is in the heart of the Hilltop mixed-use estate in Windhoek’s "fastest growing node", Kleine Kuppe.
Atterbury Property Developments retail director Cobus van Heerden said the development "has been greeted with enthusiastic retailer interest for its 126 stores, with most South African national retailers already represented in Namibia lining up to trade at The Grove".
Mr van Heerden said that besides being a valuable retail asset for Namibia and a major tourist attraction, The Grove will boost the local economy with valuable employment generation.
During construction, the mall would create direct employment opportunities for 700 people, and once open, retailers and centre operations would create between 1,200 and 1,500 permanent employment opportunities.
The mall’s design is a product of the collaboration between South African architects Boogertman and Namibian architects Howard and Chamberlain.