Abland and Tiber on schedule to complete Phase 1 of the Sandton Gate development

Posted On Monday, 06 May 2019 15:43 Published by
Rate this item
(0 votes)

Abland and Tiber, joint developers of the Sandton Gate precinct, are on track to complete Phase 1 of the much anticipated mixed-use development.

 -SANDTON-GATE-1-

The first phase will include 15 500m² commercial space, 13 000m² P-grade office space and a 2 500m² Planet Fitness positioned on the piazza level of the building. Confirmed tenants, who include Mimecast will call Sandton Gate home as of 1st November 2019.

-SANDTON-GATE-2-

“Due to the high demand following the launch of phase 1, we aim to break ground for phase 2 in 2020. We’ve redesigned phase 2 to include more retail offerings that will include a grocery store and pharmacy as anchor tenants, as well as a hotel and a holistic medical offering.  Other amenities will include restaurants, coffee shops, salons and other convenience stores,” says Grant Silverman, Marketing and Leasing Director, Abland.

-SANDTON-GATE-3-

The residential component of the precinct, which will comprise 137 units of 2 and 3 bed penthouses, has launched and infrastructural work and the bulk earthworks have started. With the completion of residential first phase envisaged for Q4 2020, the developers are aiming to hit pre-sale target by August this year which means construction of top structure will commence Q4 2019.

Jurgens Prinsloo, Managing Director, Abland notes “With every project of this size we couldn’t ignore the need for road upgrades. Abland undertook extensive traffic impact assessments to get an idea of the traffic impact once the project is complete. As part of the infrastructural advancements, a new intersection on William Nicol between Mattie and Sandton Drive is currently underway. There will also be an introduction of additional lanes to ensure seamless access to the precinct and decrease potential congestion around the area. Ultimately, there are seven substantial upgrades that we’re doing ranging from the Peter Place intersection, Republic intersection, Mattie intersection, Sandton Drive and William Nicol.”

Last modified on Monday, 06 May 2019 15:55

Most Popular

Empowering women in engineering through B-BBEE

Jan 13, 2020
Andrew Yorke
Working to embrace the spirit of transformation and developmen.

Repo rate cut by 25 basis points

Jan 16, 2020
Governor_Lesetja_Kganyago_SARB1
The Reserve Bank has reduced the repo rate by 25 basis points to 6.25% in line with…

Cheap cement imports crippling local industry

Jan 16, 2020
Databuild CEO Morag Evans
Local cement manufacturers are being severely undermined by cheap imports from countries…

Property in 2020 - here's what's happening

Jan 16, 2020
Carl Coetzee CEO of BetterBond
With the political, economic and social landscape in South Africa being what it is, i.e.…

The rising tide of the silver economy

Jan 16, 2020
Chris Cilliers
Whilst we may not yet have discovered the long-coveted elixir of eternal youth, the truth…

Please publish modules in offcanvas position.