September 13 2024 14:00
Tshakhuma Mall, a retail development in Limpopo, was awarded the South African Property Owners Association (Sapoa) Property Development Award for rural and small-town development.
The recognition comes just a year after the 11 500 square metre mall’s opening in September 2023.
Anchored by Shoprite, it has significantly enhanced retail convenience for Tshakhuma and surrounding areas, which were previously under-serviced in terms of retail.
“Tshakhuma Mall is one of our most self-sufficient developments to date,” said
MD of McCormick Property Development (MPD), Jason McCormick.
“In line with our strategy of developing sustainable retail, the mall has an onsite borehole and
sewerage and wastewater management plant as well as rooftop solar PV integrated
with an emergency diesel generator system.”
Located along the R524 in Thohoyandou, the site is a prime location for the many retail requirements in the area and is situated alongside the province’s largest fruit market. Developed by MPD in partnership with Aha-naha Properties, and designed by MDS Architects, the mall’s design and tenant mix ensure that customers have access to retail in a convenient setting.
Tshakhuma Mall represents a crucial investment in rural development, providing a modern and accessible shopping experience while creating job opportunities and stimulating local economic growth.
The tenant mix includes a fashion and banking mix with TFG, the MRP Group, Pepkor, the Studio 88 Group, Woolworths Edit and Truworths all represented.
The Standard Bank branch is complimented by ATMs from Capitec, Nedbank and ABSA. A fully equipped taxi office and rank is also located on-site.
“We are honoured to receive this award, which underscores the importance of investing in rural areas. Tshakhuma Mall was designed to meet the needs of an underserved community, and we are thrilled to see the positive impact it has had on the local economy,” said McCormick.
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