New complex for Ballito

Posted On Friday, 03 August 2001 03:01 Published by
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DURBAN The wraps came off a R135m Ballito business park and shopping centre development this week, highlighting how the holiday destination is burgeoning into a permanent residential north coast town.

DURBAN The wraps came off a R135m Ballito business park and shopping centre development this week, highlighting how the holiday destination is burgeoning into a permanent residential north coast town.
The business park, which is being launched tonight, is being developed by Popechester, a consortium of Maritzburg businessmen, with financial backing from Investec. The developers have included in their calculations the possibility of an international airport at La Mercy, 12km away.
The business park, which has already sold 50% of its sites and let 75% of its lifestyle and garden centre, will be on a 17ha high point between the M4 and N2 highways, passed by 10000 vehicles daily.
The centre, which has adopted outdoor living as its theme, will have 35 shops in its first phase, as well as restaurants, coffee shops and children's play areas.
It will also feature a motor city and an office park modelled on leading office blocks in Sandton and Rosebank. The anchor tenant is Superspar, to be owned and operated by Bruce and Paul Rencken, who have a 50% share in the shopping centre. Other tenants include Mica Hardware, Wimpy, Nandos, McDonalds and Engen.
The development is expected to create 600 permanent jobs and will increase significantly the rates base for the municipality.
"This is a unique development. There are not many business centres that have a busy highway running either side of them and with an affluent market right on the doorstep," says project manager Sean Moffat.
Ballito's permanent population touches 28000. The number of residents trebles during the peak Christmas and Easter periods.
Moffat is confident that the opening next year of Seaforth College, a coeducational school running through to matric, will boost the proportion of permanent residents substantially.
The lack of a high school and office and shopping facilities have been major drawbacks for Ballito's permanent residents in the past.
Earthworks began two months ago. The business park will open in October next year.


Publisher: Business Day
Source: Business Day

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