New Retail Development Planned for uMgeni/Springfield
It is common for areas with elevated levels of industrial, commercial and retail activity to experience high demand for business, manufacturing and logistics accommodation. Due to this, the development of mixed-use business parks is practical and beneficial to both businesses and their consumers.
In the popular industrial and retail hub of Springfield Park/ uMgeni precinct – known for its bustling roadways lined with factories, warehouses and showrooms - the need for real estate has become evident and has subsequently given rise to the proposed R1.5 billion uMgeni Deco & Lifestyle Park Development by Eris Property Group.
This much anticipated Business Park will be situated east of the N2 along the Mgeni River and will benefit from the recent upgrade to the N2/M19 as well as the upcoming commuter rail station that should drastically improve connectivity to adjacent suburbs.
According to Strathmore Commercial Industrial Property’s area specialist Kyle Mudgway, “The uMgeni Deco and Lifestyle Park will create an entirely new retail node in the heart of the Springfield district. This parcel of land is the last centrally located piece in the Durban area. The signage and road visibility these new businesses will get from the new uMgeni Interchange is unparalleled. The Lifestyle Centre will provide a new and modern look to the Springfield node.”
This high visibility complex will be located merely 5km from the Durban CBD, 10 km from the Harbour and approximately 25 km from the King Shaka International Airport. Spanning an impressive 90 000m2, this modern business development is set to provide tenants with an array of property options including office, commercial, showroom and retail accommodation, as well as world-class infrastructural support, round the clock security, a comprehensive service structure and a pristine landscaped environment.
The proposed positioning of the park is set to offer its occupants access to much needed amenities and facilities, that will play a crucial role in their day to day operations. This will cause a shift in attention, drawing more activity from other retail, industrial and commercial centres in and around Durban, to the new uMgeni Lifestyle Centre area.
“As there is Springfield Retail and Macro just across the road, this will just add to the ever-expanding greater Durban area and its need for bigger retail hubs. The new uMgeni Lifestyle Centre,should be able to divert a lot of the congestion that happens in uMhlanga due to Gateway Shopping Centre, currently being the mass retail centre in Durban. ” notes Kyle.
The size and functional design of the various units in the new uMgeni Lifestyle Centre will prove ideal for tenants trading in construction, home improvements, repairs and electronics and would suit showrooms, call centres and storage type businesses.
Strathmore Commercial Industrial Property has long been the industry leader in industrial and retail property in the Springfield uMgeni Precinct. Contact us today to discuss available prime property options in key locations that boast excellent visibility, ranging in size and price, where you are sure to find your perfect business address.