Richards Bay - R170 million Town Square Centre development

Some of South Africa’s leading retailers will open at the R170 million fresh and modern Town Square Centre in Richards Bay, KwaZulu-Natal, in February next year.

Artist’s impression of the food court at Richards Bay’s brand new 15 000m² Town Square Centre which is due to open in February.

Moolman Group, in joint venture with M&F Giuricich Developments, Rejem Property Development and the GFT Group, is developing the brand new 15 000m² Town Square Centre which will be anchored by one of KwaZulu-Natal’s largest Super Spars stores and a Builders Warehouse.

Shoppers will be able to get a taste of the convenience that Town Square Centre will have on offer before the festive season. On October 29, Builders Warehouse and Nando’s Drive Thru will open their doors ahead of the rest of the centre.

In February 2016 the centre will be further complemented by well-known national retailers such as Tops at Spar, Crazy Plastics, Romans Pizza, Capitec Bank, Crazy Store, Coricraft, Volpes, and Dial-a-Bed.

Steph Beyers, development director at the Moolman Group, says the Town Square Centre is ideally situated in the heart of Richards Bay and will introduce first-time retailers to the area, adding to the overall retail growth of Richards Bay.

The coal terminal at Richards Bay harbour, 168km north of Durban, is one of the largest export facilities in the world, and the town has a number of other major industries. Town Square Centre is in the town’s main business node, on a prominent site conveniently positioned for those entering the CBD every day.

Beyers says: “Town Square Centre will bring quality national retailers together with distinctly local stores for an accessible and convenient retail offering. It contributes towards strengthening the area to become the most significant retail node in the province, north of Ballito.”

Earthworks for the development commenced in November 2014. Upon completion, Town Square Centre will be highly visible with easy access and generous free open-air parking, all complementing its convenience retail focus.

Its 4 000m² Super Spar will add to the leading community and convenience aspect of the centre. The owners of the brand new Super Spar are well-known and experienced, and were nominated as operators of the year in 2014.

Town Square Centre also forms part of a larger development. It covers around half of the approximately 9ha prime site.

“This creates the opportunity to expand the centre in future, as well as to develop other complementary commercial opportunities here,” says Beyers.

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