Name of the Project
Oxford Parks Precinct – Phase 2.
Location
The project entails the construction of a mixed-use development adjacent to Rosebank, in Johannesburg, South Africa.
Project Owner/s
Intaprop.
Project Description
Oxford Parks Precinct will comprise a 300 000 m mixed-use node, 200 000 m² of offices and ancillary retail, and a 100 000 m2 residential node.
The project will be developed in two phases.
Phase 1 was completed in 2018.
The Phase 2 project comprises two office buildings. The first block – section one of the Phase 2 project – will have three office levels of just over 2 800 m2 gross building area (GBA), built on four basement levels measuring about 11 000 m2. There will also be a retail component on the ground floor of almost 950 m2 GBA.
The gross leasable area (GLA) of the office levels will amount to more than 2 500 m2 while in the retail area it will be about 670 m2.
In section two, the building will comprise five office levels and four basement levels. Office space will measure about 8 750 m2 GLA and almost 9 700 m2 GBA, while the basement area will measure 12 440 m2. It will also include a ground floor retail component, measuring 1 047 m2 GLA and 1 177 m2 GBA.
Each block is designed to achieve a four-star rating as certified by Green Building Council South Africa’s Green Star system, reflecting a ‘best practice’ level. This includes energy efficient design and using selected materials such as reduced-cement concrete.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Construction of Phase 1 was completed in 2018.
Phase 2 – Section 1 construction started in February 2019 and is expected to be completed in January 2020.
Phase 2 – Section 2 construction is expected to be completed in September 2020.
Latest Developments
None stated.
Key Contracts and Suppliers
Concor Building (construction contract).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Intaprop, tel +27 11 731 1900 or email info@intaprop.co.za.