Buchter Village Mall anchored in Lüderitz

!Nami#Nus constituency councillor Susan Ndjaleka, has described the groundbreaking of the Buchter Village Mall to be constructed at an estimated cost of N$220 million, as the tangible commencement of a new chapter for Lüderitz.


“The discovery of substantial offshore oil reserves has ushered in a new era of economic growth, transforming Lüderitz into a prime location for investment. This development is truly one for the books, representing a significant investment of millions of dollars into our community and is therefore welcomed by all,” Ndjaleka said on Friday.


She empahsised that the benefits of the Buchter Village Mall resonate far beyond the cash register. “This investment directly addresses the increasing demand for high-quality retail spaces, ensuring local money stays in Lüderitz and contributes to our town's overall economic vitality. The construction process creates immediate temporary employment. More sustainably, the tenants will provide lasting, formal jobs, empowering our residents and their families,” Ndjaleka said.


She highlighted that the development was more than just a mall. “It is a major commercial hub and our answer to meet the emerging demands brought along by the discovery of substantial offshore oil reserves. As this vital industry develops, it will inevitably bring a significant increase in our local population attracting workers, new businesses, and their families. This growth creates a massive demand for housing, services, and high-quality commercial spaces.”


Ndjaleka also hailed the Buchter Village Mall as a testament of planning and investment in the town's future. “This project is a shift toward open collaboration, bringing in ‘perfect fit’ tenants who understand and value the immense potential here in Lüderitz. It will feature retail space as well as office space. Crucially, the development will also feature a hotel accommodation component ready to serve the inflow of new business and tourist travellers,” she said.


Safland CEO, Kallie van der Merwe said that the retail development to be anchored by Shoprite and with office space to rent, is poised to make a major impact on the commercial landscape of Lüderitz. “Covering an erf size of 23 000 sqm, the project will feature a gross lettable area of 7 970 sqm. The development will also have a hospitality/hotel accommodation component with approximately 50 rooms adding another 2 2361 sqm. The strategic location of the Buchter Village Mall at the corner of Wagenbauer Street and Lüderitz Street just 30 meters from the B4 road as you enter the town enhances its accessibility and is an advantage.”