SOUTH AFRICA – Limpopo’s new R1 billion Thavhani Mall to open in August 2017

29-11-2016

The highly-anticipated R1 billion Thavhani Mall at Thavhani City in Thohoyandou will officially open on 24 August 2017, bringing world-class shopping to this bustling Limpopo town.
Thavhani Property Investments, owner and developer of the project, confirmed that the 50.000 sq.m. regional shopping centre will open on 24 August 2017 and will introduce a unique retail offering, never-before-experienced in the area.
Thavhani Mall is one of the main projects of the large mixed-use urban precinct mega development, Thavhani City, which is being developed on a 27 ha site in Thohoyandou. Thavhani City is a shared vision between Thavhani Property Investments and the Thulamela Local Municipality. It will also include the Thavhani Office Park, a motor-city and private healthcare facilities. The precinct currently includes a library, community centre, information centre, and the 40.000-capacity Thohoyandou Stadium.
Mr. Khosi Ramovha of Thavhani Property Investments, envisaged a regional mall in the area seven years ago. He brought on board pre-eminent South African shopping centre develope and investor, Flanagan & Gerard Property Development and Investment, to help realize this vision. What’s more, JSE-listed real estate investment trust Vukile Property Fund has secured a one-third stake in Thavhani Mall. The stake will transfer to Vukile upon completion of the mall.
Thavhani Mall will stimulate the local economy and will enhance the lifestyle and the urban fabric of the region. The mall is already creating jobs while it is under construction and, upon opening next year, will introduce hundreds of new full-time jobs.
The mall is situated at the heart of the growing regional economic hub of Thohoyandou, making it easy to access thenks to the proximity to the major regional roads.
Thavhani Mall will be the largest shopping centre in Thohoyandou: it will boast over 134 shops, a number of restaurants, and service outlets.
Source: ADMagazine

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