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Retailers News South Africa

Retailers flock to PE

Leading retailers, several of which are new to the Eastern Cape market, are flocking to Port Elizabeth in time for the festive season. At Baywest Mall alone, 26 new retailers will be opening before the year's end.
Retailers flock to PE

Speaking of the influx of stores, Baywest Mall's Marketing Manager, Samantha Hewitson, said that many brands were keen to invest in the rapidly growing consumer market in the city.

"Port Elizabeth is no longer seen by leading retailers as a second-rate market to Cape Town or Joburg. The influx of new stores and brands is testament to this," she said.

Stores opening in the coming months include jewellers Swarovski, food franchise Subway, and clothing outlets La Coste and Kids Emporium - all firsts for the province.

According to Swarovski Partner Boutique owner Aashir Narandas, the city's charm made the decision to open up the first store of its kind in the province a simple one.

"When we heard about the scale and design of Baywest, we embraced this exciting opportunity to open a Swarovski partner in the charming city of Port Elizabeth," said Narandas. "We will open just in time for the special gift giving occasion of the year."

Other popular outlets include Soda Bloc, Schwarma Grill, Jimmy's Killer Grill, Dischem, and Timberland.

Baywest City roll-out

With the mall being the catalyst to the Baywest City roll-out - a project that will unfold over the next 10 to 15 years, similar to Cape Town's Century City - ground has broken on the next project: the first green star-rated commercial office block for the Eastern Cape, which will open towards the tail end of 2016. Residential developments and more retail outlets will break ground during the course of next year, say co-developers Abacus Asset Management and Billion Group.

According to Baywest City MD Gavin Blows, the green office block is the first of many more to come for the precinct.

"There is immense interest in developments of this calibre," said Blows. "Port Elizabeth has nowhere else to grow but into the western suburbs, which is why Baywest City is ideally located for the future of the city."

Unlocking the economic potential of the city's western suburbs, where Baywest City is located, is the completion of Phase Two of the R300 million Baywest road network next month, linking Port Elizabeth's Walker Drive with Cape Road via a new bridge over the N2.

Market research has shown that the city will grow into the western suburbs over the coming years, making Baywest City ideally located to provide a much-needed 'live, work, play' environment for the region, with cutting-edge office blocks, retail outlets and modern, safe residential developments.

Phase One of the R6 billion Baywest City development includes 2000 residential opportunities, office and commercial space, light industry, a private school and hospital, and a hotel.

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