Port-Elizabeth Boardwalk Development.
Article Credit: Businesstech.
Staff Writer 25 June 2019
Port-Elizabeth Boardwalk Development.
Port-Elizabeth Boardwalk Property developers, Flanagan & Gerard Group and Moolman Group, have signed an agreement with Emfuleni Resorts to extend and upgrade Port Elizabeth’s Boardwalk development precinct.
The Port-Elizabeth Boardwalk development will more than double the retail space in the precinct when it opens in 2021 in Port-Elizabeth, and is expected to cost R600 million.
The Port-Elizabeth Boardwalk precinct currently comprises of a 6,000sqm Boardwalk Casino, 140 key 5-Star Boardwalk Hotel, conference facilities, 11,800sqm of existing retail and a five-screen Nu Metro cinema complex.
The Port-Elizabeth Boardwalk development will see this increase to 26,000sqm, including new shops, restaurants, and a new Sun Park Square designed to host major events.
Other new Port-Elizabeth Boardwalk developments will include two supermarkets, one specialty food store, two pharmacies and two or more major banks.
“We are delighted that the Port-Elizabeth Boardwalk development mall development is back on track, said Anthony Leeming, CEO of Sun International.
“When it is complete, the new and expanded mall will complement the Port-Elizabeth Boardwalk’s other leisure offerings, and further serve the needs of surrounding communities.
“We view the new Port-Elizabeth Boardwalk Development to be an essential component of the broader Boardwalk precinct, which was identified and earmarked by the Port-Elizabeth as an important growth node. We are confident that it will accelerate the metro’s economic growth, job creation and increased returns to the province.”
Work on the Port-Elizabeth Boardwalk Development project is planned to commence in early 2020.
