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 Print   Email Featured >> Botbyl Sabaru   | Crownwood Office Park   | K101 Business Park In Capital Hill Business Estate   | National Gate   | 
Retail

Major revamp for Musgrave Centre

28 Jul 2010 - eProp - OMIGPI

Intro
SA Corporate Real Estate Fund has recently announced plans for renovating of one their flagship buildings in KZN, Musgrave Centre, to the value of R140 million

Musgrave Centre remains a major shopper destination that has been serving shoppers in the Berea area and beyond for the past couple of decades. The renovation of the centre will improve on store variety with special emphasis placed on improving the aesthetics of the centre and new interior features. An additional parking deck will increase the number of parking bays and the introduction of the Identipark parking management system (the first of its kind in KwaZulu-Natal) will alleviate parking congestion and assist shoppers by electronically directing them to vacant parking bays.

The common areas in the office tower will receive a makeover. Retail areas that will receive attention include upgraded ablution facilities, with the inclusion of baby change room facilities, new lighting and flooring, to improve the ambience of the centre. A new entrance and mall will be created from the parking facilities into the ex-Stuttafords area, to improve access and convenience for shoppers into the centre, including the installation of additional escalators between levels.

A new food court area is also on the cards and it will be located on the third level near Spur.

Sivan Govender, KZN Regional General Manager at Old Mutual Investment Group Property Investments says, “The objective of this redevelopment is to enhance the existing tenant mix at Musgrave Centre and to re-entrench Musgrave as a premium shopping destination”. 
During the next twelve months, the existing tenant mix will be further enhanced with the introduction of Clicks, a Gym and many more offerings for our shoppers.

Anchored by Pick n Pay and Woolworths, the mini regional centre last received an updated look in 1994. The entire revamp is going to be phased starting with the ex-Stuttafords area. Construction will begin in July, with a brief break during the festive season; resuming in January 2011. Completion is planned for winter of 2011.

All work will be performed to minimize interference and inconvenience to shoppers during the centre’s trading hours.




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