Wednesday, 11 January 2012 09:11

Sandton Centrals' Multi-Million Rand Developments Featured

As developments continue in Sandton central, the business district will see some dramatic changes and the creation of some new landmarks.

Kgoro Gateway (planned):
The intended city centre of Sandton central, Kgoro Central will consist of a mixed-use art precinct developed around a public square, situated above the new Sandton Public Transport Interchange.

Located between West Street, Rivonia Road and 5th Street, Kgoro will be the first entry point for travellers coming off the Gautrain.
The building will make use of on-site power generation, utilisation of waste heat for heating and cooling, and stormwater retention.

Alexander Forbes (in progress):
Located at 115 West Street on the corner of Rivonia Road, the R840 million development will be an eight-storey office building accommodating Alexander Forbes' 2 200 Johannesburg employees. The building will make use of plant-filled outdoor areas and natural and energy efficient lighting. Planned occupation is 1 October 2012.

Mutual Place (planned):
Located on the corner of Rivonia Road and Stella Street the development will be a
60 000m² multi-storey, mixed-use office precinct. Old Mutual will offer rental space to offices and retail companies. Construction is expected to start in early 2012 and to be completed by 2014.

Village Walk (planned):
Located on the corner of Maude Street and Rivonia Road, the development will be a mixed use premises of retail, office and hospitality space. The project will require the demolition of the current Village Walk shopping centre. Construction is expected to commence in mid 2012 and be completed by 2016.

Katherine and West Development (in progress):
Located on the corner of West and Katherine streets, the R650 million office premises already has 30 percent of the sectional title space signed for or in an advanced stage of negotiation. Occupation is expected from 2014. The eight-storey building will have six parking levels and seven luxury penthouse apartments.

Alice Lane (planned):
Located on the corner of Alice Lane and 5th Street, phase 1 of the 35 000m² office building is expected to be ready for occupation by September 2012.

Source: www.looklocal.co.za

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