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News article

Foreshore Commercial Properties

Published: 14 January 2020

The Towers as One of the Landmark Foreshore Commercial Properties

The Towers is one of the most prominent Foreshore commercial properties. The recently refurbished property boasts a prestigious address on the Foreshore in Cape Town. Located at 2 Heerengracht Street, at the corner of Hertzog Boulevard, the high-rise office building is one of the landmark commercial properties in the Cape Town CBD.

More About the Foreshore

A glimpse of the Foreshore provides insight as to the popularity of commercial properties in this part of Cape Town. The area is located between the historic central district of the Mother City and the modern port area. The area was developed on land that was originally reclaimed from Table Bay in the forties for the replacement of the Duncan Dock of the ageing harbour at that time. A large part of the Foreshore consists of road and rail infrastructure. With its location almost at the Cape Town’s port, the Foreshore is a popular area for companies involved in imports and logistics. The Cape Town Station and the Table Bay Harbour are two prominent transport infrastructure developments on the Foreshore. Buildings of note in the area include the Cape Town International Convention Centre (CTICC), the Artscape Theatre Centre, and the Civic Centre.

The area was developed according to the Foreshore Plan. With many top commercial properties forming part of the area, blue-chip companies compete for office space in properties such as The Towers. As one of the reference-point commercial properties in the CBD area, The Towers provides modern and vibrant office space. The complex consists of three towers, hence the name of the property. With office space large enough for 2800 people, 1600 vehicle parking bays, and 2000 m2 of retail space forming part of the complex, it certainly has an impressive footprint. As with all our commercial properties, we take pride in the re-imagining and refurbishing of the four-decade-old building. Looking at the modern building today, one can hardly believe that it has been part of the Cape Town skyline for more than 40 years. With a modern architecture that includes a stunning glass exterior and equally impressive communal areas, it is one of the commercial properties in the Western Cape that will remain trendy in its design and space offering for at least another 30 years.

The eco-friendly complex has a new floor plan that includes a columnless space. The new façade helps to filter out 60% of the UV light. This reduces the costs of cooling and heating in the building. In addition, the new façade allows for maximum utilisation of natural light to save on electricity costs related to interior lighting. The fins surrounding the building are fitted with energy-efficient LED lights, which light up the building at night. This provides this commercial development with a stunning appearance when it is dark and certainly adds to the aesthetic appeal of the city at night. The LED fins highlight Table Mountain and Robben Island during the day, whilst drawing the focus to many of Cape Town’s landmarks at night. Tenants include blue-chip firms such as Sasfin Bank Ltd, MOL South Africa (Pty) Ltd, Redefine Properties Ltd, Santam Ltd, Trencor Service (Pty) Ltd, no fewer than three embassies, Incubeta Holdings (Pty) Ltd, and Fairbridges Wertheim Becker Attorneys.

Standard Bank is the only tenant of Tower North, while The City of Cape Town and several of their council departments occupy the Tower South. On the retail front, a large and trendy Food Lover’s Eatery occupies space on the ground floor, while the popular Seattle Coffee Company has an outlet in the Food Lover’s Eatery store. The building complex features neat and contemporary bathrooms that include disabled ablutions. Each floor has showers. Cyclists can make use of the supplied cycling racks. With 13 floors dedicated to parking, employees benefit from the on-site parking close to their offices. The parking ratio is 3/100. With its address close to Cape Town’s port, The Towers is also near main routes and freeways, public-transport facilities, and the main Civic Centre MyCiTi bus terminal. The Cape Town train station is next to the complex. When it comes to commercial properties of note, The Towers stands out as one of the most prominent buildings on the Foreshore. Get in touch to enquire about office space in this prestigious complex.
 
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