All systems go for Atteridgeville R1.2bn Capital Mall
The much-anticipated R1.2 billion Capital Mall in Atteridgeville will go ahead despite efforts to halt its construction on the basis that it would “cannibalise” smaller shopping centres in the vicinity.
MMC for Economic Development and Spatial Planning Isak Pietersen said the City of Tshwane’s Appeals Tribunal successfully intervened in the impasse, which threatened to block the development.
The legal wrangling was between the developer, McCormick Property Development, and Safari Investments, over the threats posed by the new mall on the existing shopping centres.
Pietersen said the complaint was overturned on the basis that it lacked substance and went against the spirit of competition permitted in business.
He said the mall construction was an example of what the City wanted to do by creating conducive economic environment for job creation.
“The aim of the City is to make sure we create those jobs and this is going to make sure that we create jobs,” he said.
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