Marketplace November 2015
Here’s what November property news, reports, and dream homes you should be aware of. We even look at The Aria, a new apartment block development by the Berman Bros Group.
Sea Point’s Symphonic Score
The launch of the much-anticipated boutique luxury-living apartment block The Aria, developed by Berman Bros Group (BBG), in Gorleston Road, Sea Point, is more proof of the continuous upswing of this Atlantic Seaboard suburb. With just eight 120m2 apartments, each with two en-suite bedrooms and a large covered terrace, the starting price is R5,65 million (including VAT and with no transfer duties). Each of the two penthouse units has its own private 100m2 terrace with rooftop pool and spectacular 360-degree views of the Atlantic Ocean, Lion’s Head and Signal Hill. Designed by Juan Bernicchi of Bernicchi Architects, the north-facing contemporary building includes innovative features such as a backup generator for loadshedding, solar geysers and LED lighting. Occupation is slated for June 2016.
Just six kilometres outside Pretoria is the site of the multibillion-rand Rainbow Junction mixed-use property development, with the 94 000m2 Rainbow Mall shopping centre being the jewel in this crown. The R2,5- billion mall is expected to be a cutting-edge retail and leisure destination, with more than 250 retail stores, restaurants, a state-of-the-art cinema complex and an ice rink. Rainbow Junction will comprise some 165 000m2 of retail space, 170 000m2 of prime office space, 120 000m2 of residential space and 65 000m2 of hotel and conferencing facilities. Construction is planned to start early next year, with anticipated costs being about R12 billion over the 10- to 15-year development period.
Cycling Down The Thames
With non-motorised transport alternatives a high priority for many big cities, it should come as no surprise that London, with its congestion and pollution issues, has come up with one of the most inventive and innovative so far. The Thames Deckway Project was developed by a group of the city’s concerned engineers, architects and artists calling itself the River Cycleway Consortium. The £600-million private-sector-funded cycleway is proposed to run along the south bank of the river for 12km, with kiosks dotted along the route. Connecting Canary Wharf with Battersea, it will be designed to rise and fall with the river’s currents, with any hazardous conditions being monitored by sensors and satellites. Funds for a feasibility study are being raised, and once the green light is given, it should take about two years to complete the project.
Nautical and Nice
Set within the Roggebaai Canal Tourism Precinct, and connecting Cape Town’s financial hub, the vibrant Cape Town International Convention Centre and the V&A Waterfront, is the new mixed-use Yacht Club. Comprising residential, hotel and office space, the nautical-themed development will be an ideal precinct for those wanting to live, work and play in the heart of the city. The commercial offering will consist of A-grade office space. The residential component will include urban apartment living to buy and to rent, the latter as corporate and long-stay accommodation. The one- and two-bedroom apartments, as well as luxury corner apartments, will range from 54m2 to 95m2, with a starting price of R2,4 million. The R1,2-billion precinct, set for completion mid-2017, will be managed by Amdec Property Developers.
A New Home for PWC
International accounting conglomerate Pricewaterhouse Coopers (PwC) will be moving its Cape Town HQ to the Waterfront Silo district mid-2016. Occupying 9 000m2 of Silo No 5, the new offices will accommodate up to 650 employees. With a focus on sustainability, the green credentials of the new building are impressive and include a seawater cooling plant, electric-car-charging points, metering systems that monitor and manage water consumption, and high-performance glass panels that allow for 360-degree views while minimising unwanted heat and glare, and optimising natural light. The internal workspaces are designed to inspire employees and encourage interaction and collaboration. There’s also a focus on healthier lifestyles – the building is located in a pedestrian- and cycle-friendly precinct, with bicycle-storage facilities and showers and changerooms on every floor.
Cabin in the woods or city?
With the trend of small-space living sweeping the globe, we got caught up in its rapture when we discovered this newly released book, Cabin Porn (available to purchase online), a collection of stories and photos of homemade cabins set in all kinds of locations all around the world. We got lost in its pages for hours, and we bet you will too.
- Berman Bros Group (BBG): bermanbros.co.za
- Rainbow Junction: rns.co.za / rainbowjunction.co.za
- The Thames Deckway Project: thamesdeckway.co.uk
- Yacht Club: theyachtclub.co.za
- Pricewaterhouse Coopers (PwC): pwc.co.za
- Cabin Porn: cabinporn.com
Text: Genevieve Putter, Andrea Vinassa