Philippi shop­ping cen­tre ex­ten­sion con­struc­tion on track

Weekend Argus (Saturday Edition) - - PROPERTY -

THE EX­TEN­SION and re­de­vel­op­ment of the Philippi Shop­ping Cen­tre, on the cor­ner of Lans­downe and New Eisleben roads, is set for com­ple­tion in early De­cem­ber and brings wel­come new re­tail out­lets to the res­i­dents of Philippi.

The cen­tre is un­der­go­ing an e x t e nsi o n t hat wil l o f f e r in­creased re­tail to Philippi res­i­dents, who will no longer have to travel to other ar­eas to ac­cess bank­ing fa­cil­i­ties, buy food, cloth­ing, house­hold and con­ve­nience goods. Some of the new ten­ants in the ex­ten­sion are Ack­er­mans and Sho­prite Liquor.

“With over 20 ten­ants, and with Sho­prite as the an­chor ten­ant, the ex­ten­sion of the Philippi shop­ping cen­tre of­fers ex­cit­ing op­por­tu­ni­ties to con­sumers in this un­der­ser­viced area, and to re­tail­ers who want to ex­pand into this grow­ing area,” says Sean Paul, man­ag­ing di­rec­tor of Spire Prop­erty Man­age­ment, which man­ages the Philippi Shop­ping Cen­tre on be­half of Fortress In­come Fund.

“Philippi is grow­ing and re­tail de­vel­op­ment is a nec­es­sary el­e­ment for suc­cess­ful ur­ban re­newal – es­pe­cially in un­der­ser­viced ar­eas. There has been a speedy up­take on va­can­cies by re­tail­ers so far.”

The ex­ten­sion to the Philippi shop­ping cen­tre, once com­pleted, will add 1 450m² to the to­tal foot­print of the cen­tre and lim­ited va­cant space is still avail­able in this ex­ten­sion.

The im­proved Philippi shop­ping cen­tre will be com­pleted in time for the fes­tive sea­son re­tail boom. For more in­for­ma­tion, call 021 685 4020.

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