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Old April 2nd, 2006, 08:04 PM   #1
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Downtown Johannesburg, South Africa :: Residential Developments

To show only a few of many many many...

Cornerhouse Lofts:

Development Overview:

One of the landmark buildings in Africa and probably the most beautiful building in the Johannesburg Financial District. Originally designed as the Head Offices for the mining group Anglo, this is where magnates like Sir Ernst Oppenheimer, Barney Barnato and Cecil John Rhodes clinched mega business deals. Situated only one block from the famous Rand Club - an exclusive club of the most powerful business people in Africa - CornerHouse is being returned to its former stature by Urban Ocean.

6-Star Luxury Hotel, a limited number of exclusive residences, up-market restaurant, cigar bar, coffee bar, spa and wellness centre, gymnasium, rooftop bar and restaurant and Head Offices of Urban Ocean and AdMakers International (PTY)LTD in Johannesburg.

Number of Apartments:
Undisclosed but few!

Size of Apartments:
100m - 250m

Price Range of Apartments
None available.

National Bank House:

Development Overview:
Situated on 80 - 84 Market Street in the Financial District of Johannesburg. A magnificent structure immediately adjacent to CornerHouse from the same period and built in the same architecture and style. Urban Ocean may convert part of this building into a 6-star hotel in the near future. At present the tenant mix consists of model agencies like ICON Models, advertising agencies like Trigger, fashion photographers like Studio 7 and film production houses like Grey White Productions and Freemantle. The top floor is the home of the 900m luxury Penthouse that was used in the TV hit show, The Apprentice. This Penthouse recently won "Best South African Apartment" in the London Awards of International Homes and Bentley Cars.

The mix will be up-market commercial and retail, with a hotel component.

Size of lettable area:
10 000m

Rate per square meter:
From R50/sq.m (around R5/sq.ft)

Shakespeare Place:

Development Overview:
Shakespeare Place on the corners of Market and Rissik Streets offers magnificent views over the fountains and the Old Post Office building.

Finishes are, true to Urban Ocean style, only the best money can buy. Kahrs wooden flooring, Duravit and Hansgrohe sanitaryware, Bosch Stainless appliances, oak veneer and solid oak carpentry and much more. See the fully furnished show apartment now!

Mixed Residential and Commercial

Number of Apartments:

Size of Apartments:
48m - 300m

Price Range of Apartments
From R579,000.00

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Old April 2nd, 2006, 08:29 PM   #2
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great conversions. does that mean downtown johannesburg is getting trendy again? I've seen a couple of documentaries about the decline of jo'burg's downtown and about businesses and people moving to sandton instead...
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Old April 3rd, 2006, 12:08 AM   #3
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Lovely to see the good work they do there to help solve the housing problem for the poor part of the population :-)
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Old April 3rd, 2006, 12:23 AM   #4
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Location: Durban, based London
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Firstly, the turn around in south africa's cbd's started about 2 years ago, and gradually business is moving back into downtown joburg.

Cape town is further ahead, in that many of their conversions are now complete and people have started to move in.

In durban some of the new developments around the point have been completed as well.

Regards these developments housing the poor....not really aimed at them, the prices are aimed at mid to upper market customers
Have your own opinion
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