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R1.3bn proposal for PE's Boardwalk node

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Port Elizabeth - Emfuleni Resorts has this week outlined its proposal to develop a R1.3bn mixed use development on currently under-utilised land in the Boardwalk Precinct in Port Elizabeth.

The Boardwalk Mall would include a retail mall, a multi-purpose events venue, entertainment offerings and corporate offices. Emfuleni, together with partners Parktown Capital, believe that the current site offers exceptional opportunities for all.

Emfuleni will contribute its land in return for an equity stake. Parktown Capital is leading the development and tenanting, with Sun International ensuring that the mix and design are complementary to its existing business.

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