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The Rise of Sandton's new Tallest Building

Category Commercial Property News

Sandton, Johannesburg, can always be relied upon to be the centre of exciting property news- with the latest on everyone’s lips being the suburb’s newest shining star: The Leonardo building.
In the last week of April 2018, the Leonardo will rise to become the tallest building in the affluent Sandton area in Northern Johannesburg.

This architectural feat began its initial phases of erection in 2015, and while the Leonardo is still under construction, it has officially grown taller than the 140 metre Michaelangelo Towers as well as the famous Sandton City spire which comes in at an impressive 141 metres. The three giant buildings (The Leonardo, Michaelangelo Towers, and the Sandton City spire) are in close proximity to one another, which have been given the apt title of ‘The Big Three’.

There has been speculation as to just how high the Leonardo will go and the exact height has not yet been confirmed. Experts have estimated that the Leonardo could reach up to 180 metres or higher. However, the likelihood of it exceeding 200 metres is definitely a possibility. Various architectural experts have stated that The Leonardo might very well surpass 223 metres (which is the height of the Carlton Centre). If this comes to fruition it will brake the record for being the tallest building in Africa. This will undeniably elevate the status of the Sandton area and the South African commercial retail market at large.

The Leonardo brings further prestige to the commercial property industry, in the already booming Sandton area. Sandton is known as South Africa’s financial hub as well as one of the wealthiest areas in the whole country, making it the perfect place to erect a structure such as this. The flourishing Sandton area continues to grow and there are many commercial property brokers involved in the Sandton commercial property market, but none better than OfficePlace who have a wide range of exciting commercial spaces in their repertoire. 775 available listings to be exact.

The Leonardo, which can be found on Maude Street which is widely considered to be a perfect location for commerce. This is largely due to the fact that its close to Sandton Square, the Johannesburg Stock Exchange, and a key Gautrain station. The gigantic building has had billions pumped into it by the Legacy Group and promises to be an exquisite piece of architectural brilliance.

Once it’s had its finishing touches, The Leonardo is expected to have a healthy mix of apartments and office spaces, which will be some of the most lavish in Johannesburg. With the spaces on the higher floors offering fantastic views of the city below. The building plans to have an entire business centre as well as a gym, pool, concierge service, spa, rooftop restaurant and a coffee shop. With the ground floor being dedicated to retail outlets. 

“The Leonardo offers eight luxury Penthouses Suites crowned by the three level, 360° view. The Leonardo Suite is 2880 m² of opulent sophistication of luxury lifestyle living, making it the most sought-after collectors’ item and home in Africa.” -http://www.theleonardo.co.za/

Office Place Commercial Property Specialists have an exciting array of commercial properties available for rental in the Sandton area. Don’t hesitate in contacting one of their friendly and professional brokers if you’re looking to bring your new or expanding business into this prosperous suburb. Sandton is the commercial epicentre of the country, so why not join many other successful professionals, who have made this highly regarded commercial and residential node their home.  

 

Author: OfficePlace Property Brokerge

Submitted 16 May 18 / Views 2545

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