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National property developer FWJK Developments has secured the rights to develop a new 70 000m2 sectional title P-Grade office skyscraper in the Sandton CDB to the tune of R2bn according to Rhys Rocke, regional director of FWJK.
FWJK Developments has already completed 24,000m² of mini factory units in two industrial park developments at Cornubia known as Boulevard Business Park and Sugarstone Business Park.
FWJK Developments has announced the go ahead of its seventh A Grade office block at Ridgeside, Umhlanga to be known as Ridge 7.
Situated towards Umdloti on the KwaZulu-Natal North Coast, the new Sibaya precinct has rapidly become entrenched as the region’s property ‘hotspot’ – a monniker it is likely to hold for at least the next 10 to 15 years.
Despite economic pressure, property development in the Mother City shows no signs of slowing down, with various commercial and residential property developments planned, including two R1.5 billion developments.
Bree Street will soon be home to the tallest residential development in Cape Town’s central city - the eponymous ‘16 on Bree’. Pam Golding Properties is marketing the luxury lifestyle development that will offer residents an exclusive, urban experience in the heart of the Mother City.
“Construction is underway on FWJK’s latest office and retail tower in Illovo,” announced Rhys Rocke, regional director of the developer FWJK Developments.