dysan1
October 11th, 2009, 07:55 PM
Name: Isango
Location: Bridge City, Durban
Use: Mixed (Commercial office space, retail and residential)
Bits relating to this development in bold
KZN's Bridge City update
24 August 2009
Residential precinct attracts attention from major property fund - say marketers
With a 40 000sqm shopping centre due to open its doors on 29 October 2009 the 48ha Bridge City mixed-use, town centre development is starting to take shape in the north-west of Durban, just off the KwaMashu Highway adjacent to Phoenix Industrial Park.
Bridge City Mall has secured tenants which include major national retailers and brands such as Shoprite, Spar, Woolworths, Mr Price, Edgars, OK Furniture, KFC and Spur, as well as major banks, while an additional 13 000sqm second phase of retail is also planned.
Now a strategically positioned corner site - Isango (meaning gate or gateway) - comprising a mix of commercial, retail and residential components has been launched to the marketplace. Developed by Kagiso Urban Management, this site is planned for completion at the end of 2011/first quarter of 2012. A major fund has expressed interest in purchasing the residential precinct of this development, currently planned to comprise 300 one and two bedroom units to service rental demand, while 5000sqm of commercial space is under negotiation for a major tertiary education institution.
Comments Taryn Muller, commercial agent for Pam Golding Properties in Durban - marketers of the Isango development: "With high visibility from the KwaMashu Highway (M25) and easy access to major routes including the N2, this prime corner site provides an excellent location and maximum exposure as it is situated right on Bridge City's main activity spine leading to the regional hospital, shopping mall and magistrate's court. It's the gateway to Bridge City and at the first interchange leading from Phoenix Industrial, as well as being just five minutes' walk from the taxi/bus rank and train station, and directly opposite a mixed-use development which includes a petrol filling station."
On this just-launched site over 4 300sqm of retail space and in excess of 15 000sqm of commercial space is available in flexible configurations ranging in size from 100sqm, with ample parking and easy access. GAPP Architects & Urban Designers have focused on an aesthetic, contemporary design with the development separated into three main vertical precincts comprising retail/commercial/hospitality and a private residential precinct. All precincts include individualised, private landscaped courtyards and parking and are connected via pedestrian links.
Says Muller: "Due to its strategic position of Isango, this development has strong appeal for use as corporate offices, call centres, a hotel operator with conferencing, government services and educational centres as well as a vast array of food, retail and supply services located at ground level to cater for businesses, residents and visitors."
Bridge City - a joint venture between eThekwini Municipality and Tongaat Hulett Developments - is a progressive, modern city designed to service a rapidly growing population which includes the nearby areas of Phoenix, Inanda, Ntuzuma and KwaMashu. It serves as a link that will integrate and provide economic empowerment to all the local communities and create a new town centre that will be a major asset to the city of Durban.
Coupled with huge infrastructural investment by the city of Durban Bridge City is one of several major renewal projects being undertaken in the area, which include establishment of the KwaMashu Town Centre as an important hub, Inanda Heritage Trail to promote tourism, the Safer Cities Programme which focuses on increased policing, safety in schools and mobilisation of the community against crime, and the P557 Road - construction of a 14km dual carriageway urban arterial that incorporates a new road link over the Umgeni River.
Bridge City's future success is underpinned by its transportation networks and accessibility to taxi, bus and rail, and a management association which will provide round the clock, daily security and cleanliness of urban spaces. Tongaat Hulett Developments' long term vision is that Bridge City is a vibrant, safe and sustainable city centre in which people can work, live and enjoy recreational activities.
http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=47102&sn=Detail
Location: Bridge City, Durban
Use: Mixed (Commercial office space, retail and residential)
Bits relating to this development in bold
KZN's Bridge City update
24 August 2009
Residential precinct attracts attention from major property fund - say marketers
With a 40 000sqm shopping centre due to open its doors on 29 October 2009 the 48ha Bridge City mixed-use, town centre development is starting to take shape in the north-west of Durban, just off the KwaMashu Highway adjacent to Phoenix Industrial Park.
Bridge City Mall has secured tenants which include major national retailers and brands such as Shoprite, Spar, Woolworths, Mr Price, Edgars, OK Furniture, KFC and Spur, as well as major banks, while an additional 13 000sqm second phase of retail is also planned.
Now a strategically positioned corner site - Isango (meaning gate or gateway) - comprising a mix of commercial, retail and residential components has been launched to the marketplace. Developed by Kagiso Urban Management, this site is planned for completion at the end of 2011/first quarter of 2012. A major fund has expressed interest in purchasing the residential precinct of this development, currently planned to comprise 300 one and two bedroom units to service rental demand, while 5000sqm of commercial space is under negotiation for a major tertiary education institution.
Comments Taryn Muller, commercial agent for Pam Golding Properties in Durban - marketers of the Isango development: "With high visibility from the KwaMashu Highway (M25) and easy access to major routes including the N2, this prime corner site provides an excellent location and maximum exposure as it is situated right on Bridge City's main activity spine leading to the regional hospital, shopping mall and magistrate's court. It's the gateway to Bridge City and at the first interchange leading from Phoenix Industrial, as well as being just five minutes' walk from the taxi/bus rank and train station, and directly opposite a mixed-use development which includes a petrol filling station."
On this just-launched site over 4 300sqm of retail space and in excess of 15 000sqm of commercial space is available in flexible configurations ranging in size from 100sqm, with ample parking and easy access. GAPP Architects & Urban Designers have focused on an aesthetic, contemporary design with the development separated into three main vertical precincts comprising retail/commercial/hospitality and a private residential precinct. All precincts include individualised, private landscaped courtyards and parking and are connected via pedestrian links.
Says Muller: "Due to its strategic position of Isango, this development has strong appeal for use as corporate offices, call centres, a hotel operator with conferencing, government services and educational centres as well as a vast array of food, retail and supply services located at ground level to cater for businesses, residents and visitors."
Bridge City - a joint venture between eThekwini Municipality and Tongaat Hulett Developments - is a progressive, modern city designed to service a rapidly growing population which includes the nearby areas of Phoenix, Inanda, Ntuzuma and KwaMashu. It serves as a link that will integrate and provide economic empowerment to all the local communities and create a new town centre that will be a major asset to the city of Durban.
Coupled with huge infrastructural investment by the city of Durban Bridge City is one of several major renewal projects being undertaken in the area, which include establishment of the KwaMashu Town Centre as an important hub, Inanda Heritage Trail to promote tourism, the Safer Cities Programme which focuses on increased policing, safety in schools and mobilisation of the community against crime, and the P557 Road - construction of a 14km dual carriageway urban arterial that incorporates a new road link over the Umgeni River.
Bridge City's future success is underpinned by its transportation networks and accessibility to taxi, bus and rail, and a management association which will provide round the clock, daily security and cleanliness of urban spaces. Tongaat Hulett Developments' long term vision is that Bridge City is a vibrant, safe and sustainable city centre in which people can work, live and enjoy recreational activities.
http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=47102&sn=Detail