Our development capability, including refurbishments and greenfield developments, gives us the opportunity to refine and improve the quality of our assets, unlock new income streams, strengthen tenant relationships and extend the lifespan of our core properties. Among these projects, and those in our pipeline, are many significant and innovative concepts, which firmly position Redefine for the future in a competitive market.
For all our developments, quality and safety is essential. We have taken a policy decision that, where possible, all of our new buildings will be constructed to at least 4-star Green Building Council of South Africa standards.
Redefine Properties’ new premium development, Rosebank Link, is set to become Rosebank skyline's newest icon upon completion in October 2018. Towering an impressive 15 storeys high, the building will consist of two basement parking levels, a pedestrian walkway with ground floor retail space, a five-level parkade, and eight storeys of rentable office space. Rosebank Link will have direct, convenient and safe access to the Gautrain station, The Zone and Rosebank Mall. Rosebank Link is targeting a 4-star Green Star rating.
Located directly outside the University of Pretoria, Hatfield Square is in a prime position to succeed as a mixed-use student accommodation development. Phase one was completed January 2017, making more than 400 beds available. Phase 2 will push the total bed number up to over a thousand beds by January 2018. The final phase will complete the total of 2 200 beds before the end of 2018. The overall development will offer residential and retail components, and serve as a flagship, mixed-use precinct that resonates strongly with the live, work and play theme that echoes across Respublica residences.
The S&J Industrial Estate, once part of the larger Simmer & Jack mines, spans over 163 hectares of developable land, located along the N3 highway adjacent to the Geldenhuys interchange in Germiston. To be developed in a phased manner in the area neighbouring Gosforth Park, and forming part of the greater bulk services project, construction on the two main roads within the estate has already begun. Once complete, 118 hectares of developable land will be unlocked, with approximately 60% available for end-users. Development rights can accommodate manufacturing, logistics and commercial use, and includes the opportunity for a fuel station and convenience retail centre within the node.
Situated along the R300 freeway, Brackengate 2 is viewed as one of the most valuable industrial nodes in the Western Cape, and is packed with potential. The bulk services and infrastructure development on the mainland precinct are complete, and approximately
21 000sqm big-box developments are underway. In addition, we are finalising agreements to develop a new Planet Fitness facility of approximately 3 344sqm. Other projects under review include a DIY lifestyle retail centre to serve the growing group of higher LSM shoppers in the area. The unique design and layout of the park allows for diversification of space usage, which will be more convenient for the tenants and their customers.
Conveniently nestled in Sandton, Johannesburg’s world-class shopping and dining node, Benmore Gardens Shopping Centre caters for a rich retail experience. With major anchor tenants such as Woolworths, Dis-chem and Pick n Pay, the centre also offers a banking and forex hub, as well as a wide variety of restaurants and facilities. The centre has 1 000 parking bays and boasts the revolutionary Admyt ticketless parking system.
Redefine Properties is set to start work on a new office development, 2 Pybus, an exclusive address for advocates in the city’s most desirable business precinct, Sandton. The location along the intersection of Pybus and Rivonia puts the development strategically near some of the country’s biggest blue chip tenants, as well as in close proximity to transport links like the Sandton Gautrain station and bus network.
At 20 storeys, Park Central is set to become the tallest residential building in Rosebank, the new Manhattan of Johannesburg. With 150 luxurious apartments available, from studios, one-bedroom suites and double volume duplexes to full-level penthouse sky homes, this unique development offers a chic, urban lifestyle, with incomparable amenities. There are 41 configurations to choose from in the development, including penthouse suites with novel sky gardens. Situated close to a neighbourhood greenbelt and transport nodes, this is the ideal location for discerning professionals, commuters and families seeking an upmarket urban lifestyle.
First established in 1983, Centurion Mall has transformed into 107 000sqm of contemporary design, with eye-catching architectural features and easy access that invite the community to visit the centre. With a new central atrium on the upper level and the new Woolworths atrium below, new retail shops have been introduced, together with the re-opening of some favourites such as Wimpy and Fournos, both with new outlets. Visitors are welcomed with a fresh and enhanced shopping experience, with over 200 retailers and ample parking available.
Stoneridge Shopping Centre is a 51 917sqm open-air lifestyle shopping centre located in Edenvale, Johannesburg. The centre consists of a range of restaurants, speciality retailers, wholesalers and family entertainment venues. It is anchored by SuperSpar, Fruit & Veg Food Lover's Market, Hi-Fi Corporation and a Virgin Active gym, and houses more than 90 retail and leisure outlets. A favourite with sports and outdoor enthusiasts, the centre is also home to Adventure Golf, Sportsmans Warehouse and Outdoor Warehouse.