The Grand Moorings Precinct development nears completion
Category Commercial Property News
The popular Century City mixed development area which has provided the city of Cape Town with numerous expansions in the form of retail, residential and commercial spaces. Is nearing its final stages of growth as it utilises its last plot of land with building The Grand Moorings Precinct.
There will be seven sectional title offices in this crucial development and there will be two different sized areas available for offices which will be either 50 or 100 metres squared.
Residentially 28 apartments are available, which will be obtainable as single bedroom studios or 2 or 3 bedroom apartments. This part of the precinct has been named Manhattan Corner. The development cost R60 Million to complete and according to Munnik Visser the architect for the precinct buildings have a similar architectural style to the rest of Century City yet retains its own unique features.
“Manhattan Corner will complete the entire block which also includes the 63 apartment Manhattan Quarter development, the Manhattan Suites and Conferencing high rise building, new studio offices for Bam Architects, the Endeavour Too crèche, Manhattan Park and two popular restaurants, Bootlegger and Time Square Café & Takeout”. – sapropertynews.com
Additionally there are over 50 available commercial properties for rental in Century City as listed by leading commercial property brokerage Office Place. The company has listings in various financial epicentres around South Africa and have sited Century City as a great place to work, live and play.
It’s the mandate of the stakeholders of Century City to be as environmentally friendly as possible hence they have designed the development in a particular way that amenities are environmentally inclined and this final development at Century City will follow this mandate. The water infrastructure is said to have a lower environmental impact and is seen to be a mechanism that could be implemented by other areas within the greater Cape Town and Western Cape region.
“The CCPOA and many of its major Stakeholders are continually working at reducing their carbon footprint within Century City. To this end there are a number of measures the CCPOA has undertaken” - http://centurycity.co.za.
This statement is backed up by the fact that Century City has 17 green rated buildings which comprise of 13 commercial and office buildings, a bank situated at Canal Walk Shopping Centre. One of the mixed use developments has 6 green buildings and in Century City square there are three green rated buildings. These 6 buildings enabled the area to receive a special green star rating. These green rating buildings were implemented from 2008. These buildings have received various awards during this time including the European Property Awards and the The SAPOA Property Development Awards.
Century City is also well located to all the major highways in the area as well as key transport links. This is another reason why investor interest is high with new infrastructure like Manhattan Corner being built. Other facilities in and around Century City include a 1 900 seater Conference Facility, 20 venues for various uses and a 125 room hotel.
Century City is a clear indication of the world-class developments which happen in and around the city of Cape Town. Hence cementing the sentiment that the mother city is one of the most talked of destinations on the planet. With so many reasons, fantastic facilities and commercial office space available it’s a great time to invest in this key area and city. Contact an OfficePlace broker today and start your Century City adventure.
Author: OfficePlace
