May 15 2023
Growthpoint Properties has announced a major redevelopment project for Bayside Mall, the Cape Town shopping centre located in the heart of the Table View and Parklands areas.
The R352m project starts in May 2023 and will introduce new retail choices, a revamped food court, improved shopper flows and better access to the centre, with a refreshed, contemporary look across the mall.
As the mall’s owner-manager, Growthpoint wants Bayside Mall to succeed.
“We’re proud of our significant investment in this node and are actively working on the mall’s strategic repositioning,” said Neil Schloss, Growthpoint Head of Asset Management: Retail.
“Bayside Mall will boast a strong national retailer presence, all with their newest formats. Retailer interest is extremely positive, reinforcing our confidence in the project’s success. The centre will be anchored by two strong supermarkets and will feature an upgraded layout offering improved accessibility with optimised entry and exit points for both mall and parking areas. We continue to receive an enthusiastic response and interest from all participating retailers,” he said.
The multifaceted development project includes repositioning the main anchor tenant, Checkers, and introducing Shoprite to the tenant mix. Locating each on opposite ends of the centre, like book ends, will provide greater balance to the centre. These two supermarket anchors are scheduled to welcome shoppers to their new spaces by December 2023, Growthpoint explained.
The project will also introduce more on-grade parking, add new vehicle access and egress points, and provide dedicated parking for taxis to ensure a good flow of all vehicles in the area.
The revamp will allow for generators enabling the entire centre to be operational during load shedding, which is the first priority.
As a second phase, Growthpoint has embarked on a study to add a significant solar component to the existing solar installation to further assist during load shedding.
The mall already harvests rainwater and will also use this water-smart system in the project’s new bathrooms. As part of the initiative, Growthpoint’s development team will also endeavour to salvage reusable items, such as taps and sanitaryware, to donate to charities in the community.
The redevelopment will be rolled out in phases over approximately 18 months. Bayside Mall will remain open for trade throughout the redevelopment period and offer shoppers refurbishment specials and activities to excite, delight and thank loyal customers for their support throughout this exciting transition.
alistair@propertyflash.co.za