Abland and Tiber break ground on R3billion Sandton Gate precinct
Abland and Tiber, joint developers on the Sandton Gate precinct, have announced that they have broken ground on Phase 1 of the development with the bulk earthworks. Phase 1 will include 15 500 m² commercial space; 13 000 m² P-grade office space and a 2 500 m² gym positioned on the piazza level of the building.
The first phase will also include the development of 140 modern open-plan apartments including two and three-bedroom apartments and also four-bedroom penthouses. Residential will be completed in parallel to the commercial development.
“The precinct is very flexible and we can serve almost anyone in the industry that wants to be in a well-managed environment,” says Grant Silverman, Marketing and Leasing Director, Abland.
Due to the magnitude of the development and to ensure access into the precinct is seamless from all directions, new intersections on William Nicol (between Mattie and Sandton Drive) will be introduced to deal with the ingress and egress traffic at the precinct.
“We’re developing a pedestrian friendly, live-work-play precinct right on Sandton’s doorstep which will integrate commercial, retail and residential making it unparalleled to other mixed-use precincts. We are creating a safe and secure environment with seamless connectivity for everyone who enters the Sandton Gate precinct, and will ensure that all the amenities you could possibly need are within walking distance,” adds Silverman.
The entire precinct will be Green Star SA rated and is a pilot for developing the precinct rating tool by the Green Building Council of South Africa. The Braamfontein Spruit, a popular mountain biking route, runs straight through the precinct. The entire stretch of river adjoining the site will be rehabilitated and upgraded as part of the project. This will encourage cyclists and local residents to make use of this open space and the other amenities provided like the park area as a meeting point before their runs, bike ride and walking their dogs.
Phase 1 is to be completed end October 2019. Next phases will be market driven but the goal is for phase 2 to start mid-2019 and come online during the second half of 2020.