BAYSIDE MALL REDEVELOPMENT , TABLE VIEW
Growthpoint Properties has announced a major redevelopment project for Bayside Mall in Table View , Cape Town .
The R352m project will introduce new retail choices , a revamped food court , improved shopper flows and better access to the centre – all with a refreshed , contemporary look across the mall .
As the mall ’ s owner-manager , Growthpoint is applying its experience , environmental commitment and handson approach , together with significant capital , to ensure the sustainable success of this landmark retail asset .“ We ’ re proud of our significant investment in this node and are actively working on the mall ’ s strategic repositioning ,” says 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 .”
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 .
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 .
Addressing operational challenges faced by all South African shopping centres and global environmental targets , electricity efficiency and security are key considerations in refreshing Bayside Mall .
The initial project allows for generators enabling the entire centre to be operational during load shedding , which is the first priority . As is Growthpoint ’ s way , it will also upgrade energy-efficient lighting throughout the mall passages and common areas .
As a second phase , Growthpoint has already embarked on a study to add a significant solar component to the existing solar installation to further assist during load shedding .
The redevelopment will be rolled out in phases over approximately 18 months to ensure an easy transition for tenants and shoppers alike . Bayside Mall will remain open for trade throughout the redevelopment period .
18 Retail Watch