New R8-million centre for EL beachfront.

Posted On Thursday, 31 October 2002 10:01 Published by
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The East London beachfront is to receive a major facelift with the construction of an R8 million shopping centre on vacant land next to the Osner Hotel.
By Ayanda Salayedwa

The East London beachfront is to receive a major facelift with the construction of an R8 million shopping centre on vacant land next to the Osner Hotel.

The multi-storey centre will feature a liquor store, a supermarket, other line shops and a roadhouse which will resemble a lighthouse.

Revealing the plans, Avril Kaschula, managing director of Kat Leisure and director of SWS Retailers, said building had already started and it was hoped the centre would be finished by March.

The centre will be owned by Osner Investments and the tenant for the entire centre will be Kat Leisure, which recently acquired 66 percent majority share of SWS Retailers, which also owns the Southernwood Spar complex.

Kaschula said that, apart from the construction phase, the complex is expected to provide at least 70 permanent jobs.

He said the development was needed because in comparison with other cities, there was still very little that the East London beachfront area was offering in terms of up-market retail and supermarket shopping.

He added that the beachfront area was a node that had huge potential and hoped that such development would encourage further growth.

Kaschula said the investment would mean a lot for the city and would add to its value, as well as providing a service to citizens and, most especially, to tourists.

'The beachfront should be a tourist attraction. There are a lot of holiday flats around here for tourist families and the only thing missing is a convenient shopping centre.'

He added that the complex may open after hours.

The revitalisation of the city's beachfront has been at the forefront of many economic development projects by both local and national stakeholders, aimed at stimulating growth and adding overall value to Buffalo City.

Daily Dispatch


Publisher: Daily Dispatch
Source: Daily Dispatch

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