Aug 10, 2012
Large mixed-use commercial precinct rising in MidrandBack
Construction|Waterfall City|Atterbury Property Group|Road|United States|Allandale Interchange|Buccleuch Interchange|Woodmead Interchange|Retail|Coenie Bezuidenhout
© Reuse this
Waterfall Business Estate, developed by Atterbury Property Group, will span from the Woodmead interchange through the Buccleuch Interchange to the Allandale interchange, joining Modderfontein in the east and Kyalami in the west and unifying northern Sandton and Midrand.
The estate will be a 1.6-million-square-metre mixed-use commercial precinct, with Waterfall City as the central business district.
It is set to be the largest urban concept devel- opment in the country, spanning 140 ha and offering 800 000 m2 of retail, office and home space. It will be centred on a 115 000 m2 shopping precinct with offices and apartments.
Atterbury Property Developments director Coenie Bezuidenhout explains that the estate is designed for people who long for the opportunity to live and work in a functional and healthy city. Buildings and streets are interwoven with public space and green space.
It will feature a large park similar to that of Manhattan’s Central Park, in the US. The main road will run beneath the park, removing the need to cross a busy city street to get from the business buildings area to the park.
Waterfall Business Estate will be market-driven and rolled out over the next 14 years, with a total value of more than R25-billion. Construction is set to begin later this year.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other Construction News
Johannesburg-based company Mitsubishi Hitachi Power Systems Africa, which is constructing boilers for State-owned power utility Eskom’s new Medupi and Kusile power stations, announced a revised top structure, including a new executive chairperson and a new chief...
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...