Pe express 06 08 2014

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EDITOR: BETTIE GILIOMEE

Big plans for Greenacres Centre

LASHEIGH LUCAS

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NE of the oldest shopping centres in Port Elizabeth will have a new modern look and feel after upgrades worth R300 million are implemented.

Greenacres Shopping Centre has traded above national average trading densities and has also maintained a 100% occupancy. This performance, along with the need of major and national tenants to expand their footprint, motivated the new owners from Acucap by Liberty to embark on a mall expansion and upgrade. “The retail environment has changed in the Bay, with developments at Walmer Park and Kenako Mall (in NewBrighton),” said executive director from Acucap, Jonathan Rens. The planned phased expansion will kickstart early in August with phase 1, which includes a vibrant new food court and a range of shops that will appeal to connected people on the go. The new food court will have popular reinvented food brands and will open to-

One of the Greenacres entrance upgrades.

PHOTO:SUPPLIED

The new look and feel of the plans for the new food court at Greenaces Shopping Centre. PHOTO: SUPPLIED

wards the end of April 2015. The food court will be turned into a multilevel environment with big screens, entertainment and more light. Wimpy will present a new look that has not yet been seen in South Africa; Cassies will showcase their latest look and feel; Steers and Debonairs will flaunt their new combo store look. Offers from other big brands include Asian, chicken and fish options which are currently being assessed. “One of our biggest concerns was the centre becoming overcrowded and this would lead customers to shop somewhere else,” said Rens. He went on saying, “When we took over management, we knew that we needed to go for the modern look and feel,” he added. In phase 2 and 3 a bigger Edgars, Foschini,

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Jet, along with many new fashion brands can be expected. Cape Union Mart, Due South, Markhams, Don Marco, and Green Cross will create a strong fashion statement. “There will be a fashion section for clothing stores,” said Head of Retail at Acucap, Gavin Jones. Some stores will be receiving upgrades and/or relocated. In addition a Vodacom superstore, Cardies and Musica will be positioned adjacent to the seating area of the food court. Rens considered the billion rand Bay-

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West development as no major threat. “People do not just change their shopping pattern to see more of the same shops. If we do our work as well as we plan to we will not lose clients.” “The ‘outdated’ appearance of Greenacres is what attracted competitors,” he added. According to Jones, R282 million will be split between two parts of Greenacres, while some brands will move to larger stores. The first phase which includes the new food court will be completed by April 2015.

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