Plot 24, Alexander Rd, Tygervalley, Shere, Pretoria-East
Mon - Thurs: 08-4:30, Fri: 08-4:00
012 809 8900

Theku Plaza

Project Detailsx

Project Overviewx

Phase 1:
Start Date:September 2021
Project Completion Date:January 2022
Contract Value:R39 million
Client:McCormick Property Developers
Architect:Franzen Architects
Phase 2:
Start Date:5 February 2024
Project Completion Date:30 October 2024
Contract Value:R100 million
Client:Theku Plaza Shareblock (Pty) Ltd
Professional Team:McCormick Property Developers / Quanticost QS / de Villiers Consulting / Open Studio Architects
MBC Team:Kieran Cunningham / Leon Lees / Leon Olwagen / Zama Mabaso
Size:13000m²

Theku Plaza, situated outside Newcastle, was looted and damaged during the July riots of 2021. It was a dark day in the retail world, but the intention was to ensure that we rebuilt an improved centre as fast as possible. This was our sixth project for McCormick Property Development. The Plaza opened successfully in January 2022 and 650 jobs were created in the community through employment at the Plaza.

The transformation of Plaza to Mall, the second phase of this project, was completed in October 2024. This has nearly doubled the size of the previous retail centre, giving the community of Osisweni in Newcastle, KwaZulu-Natal an upgraded retail experience.