Offices, new stores, paid parking in R380?mln Liberty Mall plan

2013-11-20 00:00

THE city’s Liberty Midlands Mall is going up and getting bigger as its R380 million third phase of development finally begins after repeated delays over the past two years.

Beginning in the new year, the mall will expand by around 34% onto the land adjacent to it in Sanctuary Road.

New brands and specialist stores, office space, enhanced road infrastructure and a new parking system are all part of a lifestyle centre that is to be added to the complex, the Liberty Group announced yesterday.

The construction at the mall will increase the complex’s size by 19 000 square metres to a total “gross lettable area” of over 75 000 square metres.

Developments will include new retail stores and a two-storey office block, aimed at strengthening the existing centre’s mixed-use offering.

The new lifestyle centre will be at least 80% pre-let prior to the development commencing, said Graham Kusano, divisional director: property development at Liberty Properties.

A new parking system will also be introduced in early 2014.

It will allow a free 20-minute parking period for those dropping into the centre briefly, and thereafter a charge will be levied. Rates start at R5 for the first two hours, dropping to R4 for between two and four hours parked, then R3 for four to six hours.

Longer periods will be charged at a higher rate: R20 for six to seven hours, R30 for seven to eight hours, and R40 for eight to 24 hours parked. There will be no difference in the tariff for open and undercover parking.

Quick and easy access with enhanced security measures, including 24/7 CCTV coverage and patrols, are promised as part of the new system.

The development is anticipated to be completed by mid-2015.

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