Abland, one of South Africa’s leading property developers has partnered with Retail Africa as developers to refurbish Norkem Corner shopping centre in Kempton Park. The centre which is a JV between the two developers and POD Property Fund was built almost 30 years ago and will get a much needed facelift with renovations set to be completed in the second half of 2019.
The 10 000 m² development will continue to be home to existing tenants that will be revamping their respective new looks. The centre will also be welcoming new exciting tenants.
“We are taking on an asset that has historically been neglected over the decades. We saw a gap in the market, analysed it and listened to the retailers to ensure that the final offering speaks to the needs of not only the consumers who will make use of the centre but also the tenants. We have put a lot of emphasis on the lifestyle elements of the centre and will be applying the latest design trends to blend it into a neighbourhood environment,” says Jurgens Prinsloo, MD, Abland.
Abland and Retail Africa have identified a need in the current Retail Market to focus on Brownfield developments – reviving outdated retail spaces into modern contemporary spaces that families can enjoy as part of the bigger urbanisation, SMART cities concept.
“At Retail Africa, one of our strategies is the redevelopment of neighbourhood convenience shopping centres, to create family oriented centres in safe and secure environments.
“Norkem Corner is the perfect example of an opportunity to reenergise a centre that has existed for almost 30 years, by applying the latest trends from a design and aesthetic point of view as well as substantially enhancing the centre’s tenant mix, making the centre attractive to today’s modern shopper”, adds Retail Africa’s Richard O’ Sullivan.
To find out more visit: http://www.abland.co.za and www.retailafrica.co.za
- Published in News