Name of the Project
Sandton Gate mixed-use development project.

Location
Sandton Gate will be located on the doorstep of South Africa’s economic business centre, on William Nicol drive, between Sandton drive and Republic road, in Sandton, Gauteng, South Africa.

Client
Abland/Tiber Joint Venture (JV), which will manage all aspects of the development, from the initial planning, design, construction and leasing to the management of the precinct.

Project Description
The proposed Sandton Gate site provides 130 000 m² of developable floor area comprising about 80 000 m² 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 that will contribute to the overall appeal.

The site is adjacent to the Braamfontein spruit, which will be rehabilitated and upgraded as part of the project, thereby encouraging cyclists and residents to use this open space and the other amenities provided.

Sandton Gate Phase 1 will include all the necessary infrastructure and 10 000 m² to 15 000 m² of commercial office space, and a residential component that will start in the latter half of this year. Thereafter, the development will progress according to market demand.

The commercial buildings will be developed as high-end, A-Grade and P-Grade buildings offering maximum flexibility to accommodate large, medium-size and smaller users. The residential units will be available for sale and/or leasing while the commercial buildings will be available for leasing.

Jobs to Be Created
Not stated.

Value
The project is estimated at R3.5-billion.

Duration
The project is expected to start in the latter half of this year.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Burston-Martseller, on behalf of the Abland/Tiber JV, Fezile Africa, tel +2711 480 8537 or email fezile.africa@bm-africa.com.