Novare Lekki shopping centre, debuts on the 28th of August, 2016. This comes on the heel of expanding retail shopping sector in Nigeria. Lagos and Abuja been megacities have received much concentration of these developmental projects.
With a total GLA is 22,000 m² Novare Lekki is designed for effective mall circulation. It is a single level shopping centre, classified between a convenience neighbourhood centre and a minor regional centre. The mall has 100 shops for retail leasing, and open parking bays of 1,000. According to a 2015 Broll publication, leisure facilities, restaurant, parking spaces are among the expectations of shoppers visiting a shopping mall. With the rising expectations of shoppers, retailers have to offer these extras as means of selling experiential products which beyond the physical products they had planned to buy.
- The suitability of this mall can be appreciated when landmark projects such Pan Atlantic University, Lagos Business School, Lekowe Lakes Golf Estate, Housing estates and The new airport.
Foot traffic expectation will be high considering the strength of the development
- presence of large new estates in the catchment area
- a homogenous top end target market and
- the high volume of vehicular traffic passing the site on the Expressway
On this basis, there has been an increasing tenancy interest from both national and international brands for retail rentals such
The site is well located at the intersection of the Lekki-Epe Expressway and Springville road, the latter being one of the key north-south routes planned intersection of the Lekki-Epe Expressway and Springville road, the latter being one of the key north-south routes planned for the development of Lekki peninsula. Springville road will directly serve a number of new developments south of Novare Lekki. The Lekki-Epe Expressway will serve a substantial number of estates along the Expressway. In addition several villages and settlements which are growing at a rapid pace.