Situated on William Nicol Drive between Sandton Drive and Republic Road, Sandton Gate will be right on the doorstep of South Africa’s economic business centre. The precinct is easily accessible via a number of major arterial routes from Sandton, Hyde Park and the N1 freeway as well as finding itself alongside the current S5 Sandton – Fourways Gautrain Bus Route.
The site provides 130,000 square metres of developable floor area made up of approximately 80,000 square metres of offices, 400 residential units and a variety of lifestyle and smaller retail amenities. This will include a health club, restaurants or cafés, and other smaller format convenience amenities which will contribute to the overall appeal of the precinct.
The concept of a mixed-use precinct is strongly aligned with the new urbanist principles of creating pedestrian friendly, live-work-play environments. Such environments are also more eco-friendly in that they reduce people’s commutes and carbon footprints. Building on these important sustainability goals, the intention is for every commercial building in Sandton Gate to obtain a minimum Four Star Green Star SA rating.
The first phase of Sandton Gate will include all the necessary infrastructure, plus 10,000 to 15,000 square metres of commercial office space, and a residential component which will commence in the latter part of 2017. The commercial buildings will be developed as high-end A-Grade and P-Grade buildings offering maximum flexibility to accommodate large, medium and smaller users. The residential units will be available for sale and/or leasing while the commercial buildings will be available for leasing.
The joint venture’s ability to expertly manage the development process from inception to completion is a major strength. Tiber’s track record is evidenced by some of South Africa’s most iconic buildings which can be seen dotted along the Sandton skyline. This, blended with Abland’s pedigree in responsibly developing best-in-class, innovative and sustainable developments across the country, lays the foundation for the delivery of an inimitable world-class precinct development.
Savings achieved through efficiencies in the development process can be passed on to occupiers, who will benefit from highly competitive rentals in a prime node. This factor, combined with Sandton Gate’s safe, secure and attractive precinct nature, its easily accessible location, and its focus on sustainability, are sure to make it a highly desirable location to live and work in.
Ambitious and exciting projects such as these offer insight to Laurence Grigorov and the team at Laurence Martin Developments for future projects and developments that the company may benefit from.
