SHOWING ARTICLE 65 OF 127

Fourways Mall multibillion rand facelift raises the commercial property bar

Category Commercial Property News

Fourways, one of Gauteng's most desirable, residential and office block regions is set to see a resurgence in the retail and commercial sector. Due to a revamp and re-branding of one of the locations most regarded shopping malls, Fourways Mall. This is according to the prominent news source bizcommunity.com. The area has grown exponentially largely due to the fact that its one of the most centrally situated suburbs within the Gauteng Province. According to the same article, billions have been spent on "structural redevelopment" as well as a new and improved, exciting "corporate identity". This is set to spark a substantial amount of commercial interest to the already well-established expanse.

"The multibillion-rand structural redevelopment of Fourways Mall in Johannesburg is being accompanied by a new brand and corporate identity, which will be rolled out across the property's various media and structural assets ahead of its re-opening during 2019".-http://www.bizcommunity.com/Article/196/179/182991.html

According to another prominent community newspaper The Fourways Review, this face-lift once completed will make the already sought-after shopping experience one of the biggest in the whole of South Africa. This isn't the only benefit that the circumference around Fourways Mall will receive. The investors are also implementing key infrastructure upgrades where R280 Million is being allocated towards improving certain roads around the shopping mall. On top of this, the improved mall will include facilities for 3 000 additional cars in their parking area as well as a new and improved food court, not to mention more options in terms of entertainment. This is good news for people living in the adjacent suburbs and working in the Fourways area.

"There are now three lanes on Fourways Boulevard and an additional turning lane has been introduced into Short Street, one of the main mall entrances. The turning lane from William Nicol Drive onto Fourways Boulevard has been enlarged and a new entrance to Fourways View shopping centre can now be accessed from Cedar Road, which has already helped reduce traffic congestion". -fourwaysreview.co.za/286929/latest-developments-at-fourways-mall/

Mall and infrastructure developments such as this are always a welcomed feature for people who live in these particular communities. However, it's also great news for the commercial property industry as well as more amenities and infrastructure only means that more companies and industries want to invest. One such company that already has a vested interest in the Fourways expanse is the commercial property company Officeplace. They currently have over 80 listed commercial properties and offices for rent in the vicinity that all range in size and price to suit anyone's budget. The leading brand believes that the current upgrades will be good for the commercial property industry in Fourways leading into 2019.

Fourways is a well-developed location in the sprawling Gauteng expanse and developments such as this really help the area move forward in terms of commercial interest. With so much variety in terms of available office space through leading company Officeplace, you're bound to find the right premises for your business's commercial requirements. Officeplace specializes in commercial property and their brokers are eager to assist you in finding the best possible solution for your commercial office space needs. Officeplace has a formidable roster of passionate employees who are waiting to help you make the best possible decision when it comes to choosing the perfect office space. Don't delay, get on the phone and make the move to Fourways.

Author: OfficePlace Property Specialists

Submitted 26 Nov 18 / Views 1511