Major measures including a R18million upgrade of Sable Road are being undertaken to improve peak traffic flows at Century City.
Construction of Grosvenor Square, a new R120 million sectional title office park at Century City aimed at small to medium size owner occupiers and tenants, has started.
A strong pick-up in demand for offices in the Southern Suburbs has seen the developers push the button on the entire R80 million phase two of the Greenford Office Park development bordering the Kenilworth Race Course.
Murray & Roberts Western Cape have moved on site to start construction of a R1billion mixed-use development in the Bridgeways precinct in Century City.
Century City is undergoing a R4.3bn development boom, which will expand the live, work, stay, shop and play hub by 25%.
The third and final phase of Central Park, an 18 000 square metre low rise office park situated around a village green at Century City, is nearing completion.
More than a year ahead of completion, buyers have snapped up 105 of the 140 Ashton Park Century City apartments, a new residential development by the Rabie Property Group.
Grosvenor Square, a new sectional title office park aimed at small to medium size owner occupiers and tenants, is being launched at Century City by Rabie Property Group to meet ongoing demand in the burgeoning precinct.
Construction of Quays, a vibrant new commercial node comprising 39 low rise studio offices and a TriBakery restaurant in the heart of Century City, has been completed.
Soaring demand for hotel accommodation in Century City in recent years has increased the average annual occupancy to 73% necessitating additional hotel rooms be brought on stream, says Greg Deans, a director of Rabie Property Group, the developers of Century City.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.