Retail complex for Christmas

2009-09-28 00:00

THE bustling and vibrant CBD of Raisethorpe will soon be home to a new retail complex, boasting a fully-fledged Shoprite and a KFC outlet and Drive-Thru, located in the heart of the area.

The development is located on 543 Chota Motala Road (Old Greytown Road) and will also house a 300 m2 Pep Store; a 130 m2 Shoprite Liquors store; a FinBond office as well as Nedbank and Standard Bank ATMs.

Residents of the northern suburbs will finally have “direct access” to a fully-fledged KFC — which has been a talking point in the community for many years.

The grocery store sector in the area will also receive added competition through the entry of major national player Shoprite.

The development is headed by Property & Financial Services (PFS), a division of the Collins Group.

Other noteworthy stakeholders include Kim Phillips Building (principal contractor) and an array of sub-contractors.

Tim Howes, a property developer at PFS, and project manager Rob Joynson of Skyline Construction Management told The Witness that the 6 000 m2 development will also offer about 100 parking bays, including basement parking. The basement parking bays will be serviced by a lift.

Howes said prime office space is still available. He added that retail units from 25 to 200 m2 are available.

A medical suite is set to occupy a portion of the development.

“We’ve expanded our retail availability due a pick-up in demand,” explained Howes.

He said consumers will be able to access the complex from both Chota Motala Road and Baijoo Road.

“This development has been on the cards for some time now. We bought the development in December 2008 and construction began immediately. This was previously the site of a private school. We have upgraded the frontage of the surrounding shops and I would think that this development has increased the value of the properties in the area.

“Most of the shops are expected to open in time for the Christmas trade,” Howes said.

He added that Shoprite is known to have been keen on securing a site in the area for some time.

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