Aug 10, 2012
Large mixed-use commercial precinct rising in MidrandBack
Waterfall City|Atterbury Property Group|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
Other Construction News
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 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...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 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.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Does crime, political enemies or shady business deals make you a little bit nervous? Looking for an armoured sports-utility vehicle (SUV)? Mercedes-Benz has the product for you. The new R2.3-million ML500 Guard vehicle has been unveiled in South Africa. The M-Guard,...
A joint venture (JV) company created by South Africa’s Denel defence industrial group and the United Arab Emirates (UAE) group Tawazun has won a R5-billion contract for precision guided munition (PGM) systems for the UAE Air Force. The JV is Tawazun Dynamics and it...
A dry flue-gas desulphurisation (dry FGD) system uses a lime-based reagent to remove sulphur oxides (SOx) from the flue gases of any combustion installation without using water, says gas and energy specialist engineering company Tractebel Engineering South Africa...
Chery South Africa (SA), importer of the Chinese Chery brand, is entering the local commercial vehicle market for the first time with the introduction of the P10, a 15-seater people-mover. The vehicle is priced at R289 900.
Trade and Industry Minister Rob Davies recently reported that revised guidelines for the National Industrial Participation Programme (Nipp) would be circulated “shortly”. This would form part of the “strengthening and alignment” of Nipp with “other public...