Mauritius-based Gateway Real Estate Africa (GREA) is developing a $31-million mixed-use office development – The Precinct – in Grand Baie.
The development is designed to accommodate corporate tenants’ fluctuating space needs in addition to catering for the gig economy with rentable desks, access to a shared boardroom and conference facilities, as well as individual work pods.
The 10 000 m2 development will offer more than 250 parking bays and forms part of a larger complex to be developed in phases, says GREA co-founder and CEO Greg Pearson.
Construction commenced in June and is expected to be completed by the end of 2022.
“In line with our corporate philosophy of local empowerment and re-investing back into the communities in which we operate, we have partnered with a number of local professional firms and will make use of local artisans and materials wherever possible.
"We expect approximately 500 jobs to be created during the construction phase and several temporary and permanent positions on completion of the project,” he notes.
“The design of The Precinct combines work, wellness and a social lifestyle through well considered and contemporary spaces. The amenities offered at The Precinct are unrivalled in Mauritius and respond to the global move to morph the workplace into many functionalities and to the island’s business culture.”