Two Abland developments currently underway in the City of Cape Town

Two Abland developments currently underway in the City of Cape Town

Two Abland developments currently underway in the City of Cape Town

  • Atlantic Hills Business Park – Abland opens and hands over new bridge to Local Authorities
  • 35 Lower Long set for completion in November 2019

Cape Town, South Africa, 06 August 2018 – Abland, one of South Africa’s leading property developers for over 30 years has been working fiercely with their teams to ensure these two developments are completed on time. The first development is the unique 35 Lower Long, which is Cape Town’s newest office tower situated on Lower Long Street in the City Bowl. The second development is the new Industrial Precinct situated on the slopes of the historic Durbanville Hills estate on the N7 near Cape Town, which will allow easy access to all major highways and arterial routes.

Atlantic Hills Business Park

Last year, Abland and its partners Nedbank and Redefine started construction on the Atlantic Hills Business Park, a 72 000 square meters development which is conveniently situated on the Potsdam interchange giving direct access onto the M12 and M13 and immediate access onto the N7. On Friday, 27th July Abland held the Atlantic Hills bridge opening and handover ceremony at Atlantic Hills Drive on the M12 in Cape Town. The bridge was required in order to provide access and egress to and from the business park to the M12 and was officially handed over to the local authorities. Construction of premises for the first occupants at Atlantic Hills Business Park commenced in early 2018.

Abland has already completed construction on phase one and two, both measured at 280 000 square meters of land. Currently, the final phase of the development has commenced. They have also extended the road on the N12, which is on the corner of the N7 and another major arterial route in Cape Town that will now stretch from Atlantic Hills through to Stellenbosch. Abland has commenced the first two projects, the Southern African Fruit Terminals (a cold storage facility) that measure in at 17 500 square meters, and Time Link (logistics transport company) that measures in at 14 500 square meters.

The occupants of this building will be individuals in the transport and logistics business, as such; it’s best suited for distribution with easy access to all the major highways and arterial routes.

“We are offering many units for rental and/or purchase of sectional title units. Tenants will receive the full spectrum of leasing, ownership, etc. Essentially clients have the option of renting, owning, and deciding how much space they require – it’s completely up to their business requirements as we have enough land available to service their needs,” says James Cresswell, Cape Regional Director at Abland. 

35 Lower Long

Abland together with their JV Partners The Ellerine Brothers broke ground at 35 Lower Long, the signature tower building that will captivate Cape Town’s Foreshore precinct by attracting premium tenants. Construction kicked off last year with the internal stripping and external demolition, the completion of the building is set for November 2019.

The entire building consists of premium-grade office space, which elevates the formerly known Ernest & Young offices. The 24 storey above ground office building comprises of 14 000 square meters of office space with 280 parking bays, and an office penthouse on the top floor. Other amenities such as restuarants, hotels and the CTICC are in the vicinity of the building. This will be a four star green building with very distinctive features with a number of entrances to attract and invite the public into the building. Tenants looking for a signature building with a great corporate image in a fantastic location, which is in close proximity to major transport routes.

“We believe the building will be viewed as a landmark because of its visibility and iconic features. That’s definitely one of the criteria tenants look for when searching for office space. Furthermore, tenants will look at the reduced operating costs on a building such as this one compared to some of the older buildings. Commuting to and from work has become tiresome for some, as many spend hours in traffic congestion daily. The new building is ideally situated in the heart of Cape Town’s CBD, right next to the MyCiti bus station, easily accessible to public transport and bus routes. Our objective was to develop a building that was easily accessible and visible to all,” concludes Cresswell.

 

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