R360?mln Umlazi shopping centre is now open to public

2014-06-05 00:00

THE R360 million KwaMnyandu Shopping Centre in Umlazi, Durban opens today.

The 23 000 square metre development has some 70 tenants and is a major part of a much bigger development in the area, in a partnership between National Treasury, eThekwini Municipality, Prasa, KwaMnyandu Shopping Centre and Nedbank, municipality spokesperson Themba Msomi said yesterday.

The shopping centre itself is part-owned by various community organisations and business people who live in Umlazi.

The centre is on 200 000 square metres of land in Umlazi that the municipality has set aside as a bulk, mixed use, intermodal public transport node. The aim is to improve amenities for nearby residents.

The municipality has accommodated 85 small- and medium-sized (SME) businesses in the development.

When it upgraded King Zwelithini Stadium in 2009, 15 SME trading stalls were set up outside Mangosuthu University of Technology.

Thirty SME kiosks have been set up in KwaMnyandu Shopping Centre and another 40 informal trading cubicles have been set up alongside the busy Griffiths Mxenge Highway.

The KwaMnyandu Node will be the first of its kind in the country where a train station and its surrounds will be transformed with a mix of retail, commercial and residential developments.

The shopping centre is expected to employ over 700 people. Records kept by Liviero Construction — the company that built the shopping centre — showed it employed about 1 300 during construction.

Nedbank Corporate Property Finance regional executive Anand Joseph said in a statement they were proud to have played a role in bringing to life the shopping centre by providing the financing and ensuring that the primary beneficiaries were the people and communities of Umlazi and the surrounding areas.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.