Adding a new dimension to Umhlanga Ridge are (from left) Ian Laing (Estate Manager Simbithi), Mark Taylor (CEO of The éLan Group) and architect Willie van der Verre (Urban Design).
|The eLan Group has launched its latest development, a contemporary styled sectional title mixed use development aimed at adding a new dimension to the office component in Umhlanga Ridge. |
“The Centenary,” a 13 256m2 synergy of work, life and play concept, based in the heart of Umhlanga’s New Town Centre, is a multi-faced development incorporating an office complex, retail sector and loft apartments. The development is the first of its kind, according to Mark Taylor, CEO of The éLan Group in an interview at Thursday’s launch.
|The sectional title development allows for the broadest mix of uses with the ground floors dedicated to retail space; offices on the higher levels and the top floor for conversion into studio and loft apartments. |
Taylor says the loft apartments are intended to create a new direction of vision for companies as these personalised spaces have the capacity to be converted into a host of versatile rooms.
The ownership model is based on the notion of sectional ownership that allows investors to reap the rewards of an investment without carrying all of the financial risk.