Property developers, McCormick, have been given the greenlight by the City of Tshwane to build Capital Mall – the R1.2 billion corner stone of its proposed ‘Capital City’ mixed-use development.
The double level mall will anchor the mixed-use development within the node, which also includes a 150 bed private hospital, a Value Centre, motor dealerships, affordable housing, schooling and community facilities.
“Situated on the planned N4/R55 interchange, Capital Mall has direct access approved off both the N4 highway and WF Nkomo (Church) Street. The space will also allow for the Mall to expand to over 100,000sqm in time – well aligned to the massive population growth within the region,” the developer said.
“We have seen the potential of this area for decades and know that this development will be a game-changer for the community of Pretoria West as well as the retailers that are included in this iconic development,” said MD of McCormick Property, Jason McCormick.
The development of the mall will be phased, with the 60,000sqm first phase set to open in 2020.
Source here: https://businesstech.co.za/news/property/225489/a-first-look-at-pretorias-new-r1-2-billion-capital-mall/