Pretoria gets new R6bn mixed-use precinct
Construction has begun on a new multi-billion rand Castle Gate mixed-use development in Pretoria.
Castle Gate will comprise 100,000sqm of office space, 40,000sqm of specialist medical facilities, and a hotel as well as 1,100 residential units, and a 23,000sqm convenience retail centre.
The precinct will also include eight hectares of protected green areas that will incorporate walking and running trails.
Upon completion, the project will cost R6 billion, with as many as 20,000 permanent jobs created as a result of its development.
Raoul de Villiers, Atterbury Development Manager, says, “the project is a once-in-a-lifetime development opportunity with an excellent location in a key growth node and a unique proposition that has the support of its city and is being welcomed by its community.”
Read the full story on: SA Commercial Prop News.