US$50m terminus, mall for Harare

upmarket bus terminus, shopping mall, a parking lot and office blocks at the Fourth Street bus rank.

 

The project is expected to take two years from the date of starting.
The city is providing the land, technical and intellectual input while Pearl Properties would provide the finance.

The contributions by the two parties would then be turned into equity.
According to the latest Harare full council minutes the proposed bus interchange would be located on land bound by Fourth Street, Robert Mugabe, Fifth Street and George Silundika Avenue. The land measures 35,104.39 square metres and is used as a parking lot and as a commuter omnibus rank.

The project would be done in phases with the first phase having a capacity to hold 16 buses dropping and picking up passengers. It would also have an interchange to cater for 175 omnibuses.

The same facility would have capacity to hold 80 conventional buses.
Retail outlets comprising shops and food courts would be part of the project.

The first phase would see the construction of a pedestrian concourse for access into the complex that would have a car park with capacity to hold 510 vehicles.
Phase II involves construction of office space.

Also See…

In justifying the project the city notes it would reduce pressure in the central business district in terms of car parking space and that the city would receive a dividend from the investment “providing Harare City Council with financial resources for its own use”.

The project would also add beauty to the city. Similar projects are lined up at all the CBD’s bus ranks in a development that is likely to change the face of Harare in terms of modern buildings.

Related Posts

Moreboys Munetsi wins R5m defamation case against social media user Louisa Jembe

Herald Correspondent A South African–based businessman and philanthropist, Moreboys Munetsi, has won a R5million defamation case against social media user, Louisa Jembe. Jembe will also have to pay R300 000…

AI must impact communities: Minister Mavetera

Ray Bande in Nyanga Artificial Intelligence (AI) must be employed to solve problems faced by citizens in their everyday lives for it to be relevant and beneficial to the country,…

Leave a Reply

Your email address will not be published. Required fields are marked *

×