Tag Archive for: Mixed-use Development

Andrew Stegmann

Trendy, Affordable Apartments for Sale in First Fully Integrated Community in Cape Town (Conradie Park)

Conradie Park offers affordable housing while integrating mixed-income earners.

A range of trendy apartments, ranging from studios through to duplexes, are now for sale in SA’s first fully integrated, mixed-income, mixed-use development, near Cape Town’s CBD. Conradie Park is virtually a self-contained town, comprising residential, commercial and retail elements, a business hotel and an emphasis on community and connection. The development includes extensive green spaces, sports and recreational facilities and an urban gym.

Foot and cycling paths are part of a non-motorized transport plan to promote “active streets” where families can walk safely and play freely. The pet-friendly campus includes two schools and three daycare centers. Studio apartments start from R950,000, including transfer costs, while one- and two-bedroom units and duplexes are among 99 properties for sale in the first phase of construction of a block called Kirstenbosch, named after the iconic Cape Town botanical gardens due to its emphasis on green spaces.

Green technology has been applied to energy, water and waste management, while integrated solar heating is also part of a sustainability focus. Basement parking, fiber-ready internet, an integrated camera network and 24-hour security are among the attractions. Other features include trendy finishes, vinyl flooring, oven hobs and extractors, engineered stone kitchen counter tops, track lighting, aluminium windows and internal elevators.

The revolutionary 22ha community comprises more than 3,500 homes – some subsidized or grant funded. “This is a connected, multicultural community marked by affordability, sustainability and security,” says Toni Enderli, founder of Realtor of Excellence.

Conradie’s head of sales, Wayne Lawson, said public excitement was high, adding that 25% of the first phase had been snapped up during the launch weekend. Construction starts in May 2020 and occupation is set for mid-2021. The project is a partnership between developers, Concor, and the Western Cape government, described as one of seven provincial “game changers”, providing affordable housing close to jobs while integrating mixed-income families. Concor project leader, Mark Schonrock, said the model showed how state-owned land could be unlocked to boost economic growth in an attractive and affordable mixed-income neighborhood.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

Andrew Stegmann

First Phase of Sandton’s New R3 billion smart Eco-City is Almost Complete

Abland and Tiber – joint developers of the Sandton Gate precinct – say they are on track to complete the first phase of the city’s new mixed-use development.

Construction on the project kicked off in June 2018, with six phases of development planned in total. The first phase is expected to be complete by the end of 2019, with the residential component ready by the fourth quarter of 2020.

The first phase includes 15,500 square metres of commercial space, 13,000 square metres of premium-grade office space and a 2,500 square metre Planet Fitness positioned on the piazza level of the building.

Confirmed tenants, who include Mimecast, will call Sandton Gate home as of 1 November 2019, the developers said.

“Due to the high demand following the launch of phase one, we aim to break ground for phase two in 2020,” the developers said. “We’ve redesigned phase two to include more retail offerings that will include a grocery store and pharmacy as anchor tenants, as well as a hotel and a holistic medical offering.”

Other amenities will include restaurants, coffee shops, salons and other convenience stores.

The residential component of the precinct – which will comprise 137 units of two and three bedroom penthouses – has launched and infrastructural work and the bulk earthworks have started.

With the completion of residential first phase envisaged for Q4 2020, the developers are aiming to hit their pre-sale target by August this year which means construction of top structure will commence Q4 2019.

Jurgens Prinsloo, MD at Abland said that the project won’t ignore road upgrades, due to the size of the project.

“Abland undertook extensive traffic impact assessments to get an idea of the traffic impact once the project is complete. As part of the infrastructural advancements, a new intersection on William Nicol between Mattie and Sandton Drive is currently underway.

Prinsloo said that there will also be an introduction of additional lanes to ensure seamless access to the precinct and decrease potential congestion around the area.

“Ultimately, there are seven substantial upgrades that we’re doing ranging from the Peter Place intersection, Republic intersection, Mattie intersection, Sandton Drive and William Nicol,” he said.

Render of what some of the new buildings are planned to look like upon completion.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].