New lifestyle centre for CBD

2013-02-19 00:00

MARITZBURG Arch Lifestyle Centre is a new retail development worth more than R14 million that is expected to rejuvenate the Pietermaritzburg CBD.

The development is on a 1,33 ha site covering Chief Albert Luthuli Street, Greyling Street and Boom Street.

The development will be completed by April.

Although several tenants, including FNB, Postnet and Steers/Debonairs, have been in place for many years, the new development will see the creation of additional space for the retail and service industry. The new space created by the lifestyle centre covers 2 300 square metres. The existing shop space covers more than 3 600 square metres.

The agent and facilitator of the development, Harry Shaw, of Shaw & Wall, told The Witness there were eight existing tenants, including Cappello Restaurant on Chief Albert Luthuli Street, and that there was potential for 12 new shops.

“The businesses that previously occupied this site were involved in, among other things, servicing the light industrial sector.

“We felt there was a mismatch in terms of usage of this space. We identified a need in the area for such a development. Maritzburg Arch is a retail and lifestyle centre.”

The development has necessitated a revamp of existing buildings, some of which dated back to the 1950s.

“The centre is unique in that we have three-road access,” said Shaw.

“We plan to create an arcade between Boom Street and Greyling Street. We will also create a new façade on Chief Albert Luthuli Street.”

Shaw said there has been significant interest in the centre.

“We have had interest from the corporate sector through big national companies as well as family-owned businesses from outside the city.

“It’s a very eclectic group of prospective tenants. It will create new jobs and revitalise a stagnant part of the city. We are doing our best to complement the existing retail developments in the precinct.”

The developer is Plennegy Commercial Properties, represented by Michael Yeadon.

Among the contractors involved are FGG Architects (Jeremy Hathorn and Allen Umraw), Alan Shaw & Associates (quantity surveyors), Rubro Building Contractors, David Vigar Engineers and Len Mommen (electrical engineers).

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