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South Africa getting 2 new shopping malls in 2024

South Africa
South Africa getting 2 new shopping malls in 2024

South Africa’s mall capital, Gauteng, is set to open two developments this year.

Gauteng is the country’s smallest province, with 27% of the population, but its 1800 malls account for 50% of shopping centre visits and 32% of total mall visits. 

While there are many malls in the province, there is still much development taking place.

Consultant Retail Network Services is currently involved in several retail developments, including the Newmarket Lifestyle Centre and Lenz Quarter.

Newmarket Lifestyle is a new 30,000 sqm centre planned for the mixed-use Newmarket Precinct.

The precinct was built on the old Newmarket Racecourse and already houses the 42,000 sqm Mall at Newmarket and a 19,000 sqm Makro, whilst the Netcare Alberton Union Hospital and Netcare Alberton Clinton Hospital are being relocated to the precinct into the new Netcare Alberton Hospital under construction.

“The continuous success of the Newmarket Precinct is now calling for the addition of the some 30,000 sqm Newmarket Lifestyle Centre, which will, amongst others, include large speciality stores which are not currently represented in the node, making the Newmarket Precinct a one-stop destination for the larger Alberton and Ekurhuleni areas,” Retail Network Services CEO Gavin Tagg said.

Newmarket Lifestyle Centre

  • Alberton, Ekurhuleni

  • Size: 35,000 sqm

  • No. of shops: 73

In addition, the 12,000 sqm Lenz Quarter is launching in Lenasia, South Johannesburg.

The development is set to have 30 shops, with Checkers, Woolworths and Dis-Chem among the tenants already listed.

Lenz Quarter

  • Lenasia, South Johannesburg

  • Size: 12,102 sqm

  • No. of shops: 30

 

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