Pam Golding on Main in Kenilworth rapidly taking shape

Posted On Wednesday, 13 August 2014 08:16 Published by
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Already at ground level, with all three floors of basement parking completed, construction work is progressing well on the prominent site of the new P-Grade (or AAA Grade) office and retail building, Pam Golding on Main in Kenilworth, Cape Town.

Pam Golding on Main

Situated in a bustling commercial node on the corner of Main and Summerley Roads and comprising a gross lettable area of 4100sqm in total, plus 185 parking bays, the project is well on track for final completion in May 2015, says Peter Golding , who is project managing the upmarket redevelopment on behalf of the Pam Golding Property group.

Tenants already secured include national retailer Pick n Pay, which will occupy 450sqm on the ground floor for their new small-store offering, which will include a coffee shop and bakery, among other enticing attractions, and Pam Golding Properties, which will occupy just over 1000sqm - comprising the entire first floor and some retail space on the ground floor.

Says Laurie Wener, MD of Pam Golding Properties (PGP) in the Western Cape's Cape Town Metropole: "We are looking forward to seeing our Southern Suburbs flagship office returning to its former 'home' on this high-profile, redeveloped site in mid-2015. Incorporated in this new space will be our extensive sales team for the area, as well as our Southern Suburbs residential letting department and Cape regional suite of offices and service departments supporting our Western Cape operations.

"Visitors to our brand new offices will enjoy the convenience of ample, secure underground parking with elevator access to the lobby and PGP offices, with elegant interiors for the comfort of our clients and state of the art property displays," she says.

Peter Golding says the response to the launch of Pam Golding on Main has been extremely positive: "The development has attracted considerable interest and the only retail space still available is approximately 280sqm, being allocated for a restaurant on the corner, and one adjacent shop. For the restaurant we envisage a vibey establishment spilling out on to a spacious pavement area and which will serve three meals per day, catering for office staff in the vicinity as well as local residents.

With two other restaurants, Jakes on Summerley and Borruso's close by, our aim is to help foster an inviting ambience which will create a lively streetscape with al fresco dining after working hours." The rental rate of the retail space is R200 per square metre.

Golding says the remaining office component of the building allows for up to 12 office units, ranging in size from 84sqm to 2100sqm in total or approximately 1000sqm per floor. "Located on the second and third floors, this is ideal for businesses seeking top quality office accommodation at a convenient, upmarket address, with easy access to freeways and various modes of transport – including a railway station a stone's throw away.

Prime residential areas surround this node, with a Virgin Active Gym and Cavendish Square in nearby Claremont, while the City of Cape Town and Cape Town International Airport are an easy drive away."

The monthly rate for office space to let is R155 per square metre with a rate of R80 for balconies, with secure basement parking at a monthly rental of R1000 per bay. Parking access and exit will be via Summerley Road, with 45 minutes' free parking for Pick n Pay customers. Payment for parking will be 'pay on foot' at commercial rates.

Adds Golding: "Importantly, Pam Golding on Main is designed to incorporate a number of green building features, with a focus on energy and water efficiency in order to reduce operating costs and improve the working environment for tenants, shoppers and visitors."

These include low-flow water fittings, insulation for heat reduction or retention in accordance with exterior climatic conditions, the provision of carbon dioxide monitors in the basement for greater energy-efficiency in regard to the ventilation fans, internal blinds for glare control, split-unit air conditioning with low-ozone depleting refrigerants, a general waste area for storage and sorting of waste for recycling and individual tenant operation of air conditioners for economic efficiency.

In addition, commissioning of all the building systems (ie mechanical, electrical, water and lift) will be carried out in accordance with Chartered Institution of Building Services Engineers standards – a key component of an energy-efficient building, while power factor correction – to optimise the balancing of the electrical system for increased energy efficiency, is included in the design.

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