GSE FEED

Kumasi City Mall Opens April 20 Featured

Apr 12, 2017

 

The US$95 million Kumasi City Mall, construction of which began in 2014, will be opened on April 20, 2017. The Asantehene, Otumfuo Osei Tutu II, who cut the sod for the commencement of the project on June 6, 2014 will perform its formal commissioning on May 10.

The mall, the first in the region, is located at Asokwa, on the confluence of Lake and Yaa Asantewa Roads and Hudson Street and occupies a land area of 15.4 acres with lettable space of 18,500 square metres and has the potential for further expansion of up to 10,000 square metres.

Mr. Kofi Sekyere, chairman of the board of Kumasi City Mall told journalists after a tour of the facility that the developer, Delico Property Investments Ghana Limited, is assiduously pursuing an agenda of setting an entirely new standard in comparative one-stop destination shopping in Ghana and said he is very happy that in the span of just four years, the company’s footprints are boldly visible.

Kumasi City Mall, also known informally as ‘KCM’, is the third straight development by Delico Property Investments Limited, coming after West Hills Mall (2014) and the Achimota Retail Centre (2015), both in Accra.

Apart from the convenience which a world class mall introduces into the shopping life of the people, Mr. Sekyere said he was particularly excited about the potential impact of the multi-million dollar investment on the local economy, lifestyle and business in general.

“Both the construction and trading stages of this project have generated considerable employment avenues for the youth in Kumasi. What is most desirable now is for the local business community to position itself strategically enough to take full advantage of the myriad of opportunities brought by the Mall,” Mr. Sekyere said.  

The construction phase generated nearly 1,000 jobs and engaged mostly Ghanaian sub-contractors who used local artisans, builders, steel workers and wood workers. Besides the mall management staff, no less than 600 workers are expected to be employed by the various tenants operating in the Mall.

With a total car parking capacity of over 1,000 bays on-grade as well as the covered basement, Kumasi City Mall is anchored by Shoprite and Game and has 60 line shops offering a variety of goods and services in various retail categories. 

The mall is owned by Delico Kumasi Limited, a fully owned subsidiary of Delico Property Investments Ghana Limited, owners of the Achimota Retail Centre and is the majority shareholder of West Hills Mall.

 

 By Nana Oye Ankrah

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