select
|

R700m Canal District for V&A Waterfront

The R700 million first phase of a new district at the V&A Waterfront is under way, with a corporate head office for British American Tobacco South Africa (Batsa) as the first project in this mixed-use area.


Artist’s impression of British American Tobacco SA’s new head office, to be built in the mixed use Canal District at the V&A Waterfront.

The 75 000 m² (7.6 ha) mixed-use Canal District straddles both sides of Dock Road. The V&A Waterfront’s acquisition of the Amway and Queen’s Hotel buildings in 2014 has a connection to Buitengracht.

The district as a whole ties strongly into the arterial route that connects the city centre to the V&A Waterfront, and into the main pedestrian route that runs along Dock Road.

V&A chief executive, David Green, says that demand for commercial space at the V&A Waterfront is driving development in this district.

“This district is also a piece in the jigsaw puzzle that provides a seamless link through to the CTICC and Cape Town’s CBD. With a canal at its heart, as well as a new urban park incorporating the remnants of the historical Amsterdam Battery, the Canal District is essentially the first point of contact with the V&A Waterfront for visitors entering the property from the city centre,” says Green.

The first building in the district, Amsterdam House, is divided into two at the centre, with the multi-national Batsa occupying 8 000 m² in the south wing.

“As with all other new V&A Waterfront developments, Amsterdam House has been designed according to best practice green design principles, and is intended to achieve a minimum five star Green Rating using the Green Star SA Office Design VI rating tool,” says Green.

NMC has been announced as the main contractor for the Amsterdam House project and car park, which are scheduled to be completed in November 2016.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    • 16 Jan 2018
      The start of the new year is symbolic of new beginnings. A good time to take stock of one’s possessions as well as how necessary they actually are. However, seeing as the process may appear daunting – a plan goes a long way.
    • 16 Jan 2018
      The Western Cape is still in the throes of a severe drought and many households have to adjust the way they use and save water. It is a little more complicated in sectional title schemes, however, as it is not that easy to implement grey water systems for multiple users and it is also difficult to monitor water usage accurately if there are no separate water meters
    • 15 Jan 2018
      In ideal rental situations, when a lease is signed the tenant will stay for the full duration of his lease without any complications and the landlord will uphold his obligations, creating a win-win situation for tenant and landlord.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK