Africa’s tallest building - Update

Construction of the proposed tallest building in Africa, which will be situated in Centurion, Gauteng, can start early in 2015

This according to the Thswane-metro which revealed that plans for the construction is going well and they are currently sorting out the details with the developer,Cresco Properties, and they hope to have negotations finished by March 2013.

When the first plans were revealed earlier this year, the ambitous Symbio City development made eyes water with its plans for a three tower development. The tallest tower would rise above the Centurion CBD at a staggering 110 storeys and 447m.

The two other towers would be 80 and 60 storeys respectively.

Subesh Pillay, Tshwane mayoral comittee member for city planning said that the muncipality is hoping that all negotiations would be finished by March next year so that the developers could start with “detailed planning.”

Pillay said that there are mixed reactions about the development.

He said that there are many questions about the viability of the development if one takes in consideration how many current office spaces are empty in the area.

“The development will attract tenants of a different kind. There is already interest from international companies. If big global brands are attracted, then Centurion will no longer be a small town, but will be able to boast with an impressive corporate address,” he added.

Tshwane plans to build a conference venue on the vacant land opposite the Centurion Mall, building is expected to start around June 2013.

The Symbio City development gives Tshwane the opportunity to resolve their issues with the polluted lake as well as receiving a percentage of the rental fee.

Pillay said that it was established in 2007 that it would cost R45 million to fix the lake and a further R8 million a year for running costs.

Rodger Warren of Cresco Properties said that Centurion is already becoming a corporate destination.

“The lake’s position is perfect, it is close to the N1 and N14 highways and close to the Gautrain station,” he said.

Warren had said that they did not set out to develop the tallest building in Africa, but after a lot of research it was the “end product”

It is also said that the development will be green, the three towers which will include apartments, offices, shops and a luxury hotel, will be surrounded by a greenbelt.

Warren also said that the project will cost R18 billion.


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