ABLAND LAUNCHES THE RUBIK IN CAPE TOWN’S CBD
Abland, one of South Africa’s leading property developers for over 30 years, is developing a distinctive mixed use development in the CBD of Cape Town in partnership with Nedbank. The Rubik, which launched last month, is a mixed use development with retail, commercial and residential components perfectly situated on Loop Street.
Work on the development is expected to commence in the latter part of 2019 with the demolition of existing buildings. Thereafter, bulk earthworks will take place followed by the construction of the building which is set for completion in July 2021. “When this property came up for sale, we wasted no time in its acquisition as the location is perfect for a mixed use development and already had plans for it. As Abland, we have undertaken numerous high rise developments in the Cape Town CBD and are very excited to bring this vision to life” says Jurgens Prinsloo, MD, Abland.
With this new development, Abland looks to create a unique and aesthetically pleasing development with retail, commercial and residential components without taking away from the functionality of the building. The building will have double glazing, an air-conditioning system that doesn’t use water evaporation for cooling, energy efficient lighting and water heating systems which complements green star initiatives.
The residential component will offer an eccentric and present-day design with residential units that are located at the top of the building and perfectly positioned to give residents an amazing view of the ocean, Lion’s Head and the Table Mountain. Additionally, there will be separate foyers to separate the residents from the commercial tenants.
“The advantage of implementing this project is the modern and unique design that complements the historical buildings that surround the development. Considering Abland’s experience in completing complex buildings; the building is set to be completed on time with all the superb finishes and style from the outside as well as the inside. We have now received approval for the zoning of the building,” adds Prinsloo.
To find out more about Abland, visit: http://www.abland.co.za/