Transnet calls for proposals to redevelop 1 Adderley street, Carlton Centre
State-owned Transnet’s Property division has issued two requests for information to assess the availability of potential property developers, investors, funders and financiers to jointly redevelop the Carlton Centre and 1 Adderley street properties, in Johannesburg and Cape Town.
The forms part of its corporate strategy to optimise portfolio returns and strengthen its balance sheet.
The construction of the Carlton Centre precinct began in the early 1960s and was completed in 1973. It comprises an office tower, retail section, skyrink and hotel, but only the retail section is fully functional.
The Carlton Towers has 68 000 m² of office space and the Carlton Shopping Centre is a busy shopping mall with 53 000 m² of retail space. The 43 500 m² Carlton Hotel has 663 rooms, but is currently mothballed.
The Carlton Court, the annex building, has 63 rooms. It is the smaller hotel annex across Kruis street from the hotel, connected by a pedestrian bridge into the old hotel lobby.
Meanwhile, 1 Adderley street is a landmark building at the bottom of Adderley street overlooking Heerengracht street, within the central business district of Cape Town, and is a key asset for Transnet in the City of Cape Town.
The building is currently partially occupied, at 43%, by a handful of tenants, notably Transnet, the Passenger Rail Agency of South Africa Cape Town, Metrorail and Rovos Rail Tours.
The external parking area and Old Marine drive are also being let and managed by a third party.
The bid documents can be accessed through the National Treasury’s e-tender portal (www.etender.gov.za) and Transnet/s website.
The requests for information will close on August 31.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
