First-of-its-kind mixed-use development, SUNGATE Namibia

Posted On Thursday, 05 March 2009 02:00 Published by
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SUNGATE is the first-of-its-kind mixed-use development, situated on 408ha of prime real estate directly adjacent to the Hosea Kutako International Airport, Windhoek, Namibia.

Property-Housing-Residential

Developed with a view to create a trade hub of commerce and industry consisting of 231ha of saleable land divided into light industrial, commercial, retail, residential and leisure applications, SUNGATE is intended to serve as a trade gateway into the SADC region in accordance with Namibia's 'Vision 2030' and the recent Free Trade Agreements between the SADC countries.

With the infrastructural upgrade of the Walvis Bay deep water port, and the Trans-Kalahari Corridor stretching for 5km through the site, SUNGATE is strategically positioned to deliver sustainable long-term economic benefit to the region.

Accolade Properties Namibia (APN), a division of the Accolade Property Group based in Gauteng South Africa, has a strong policy of associating itself with the finest professional teams with specific local knowledge which allowed it to achieve full mixed-use rights for the development, and formal approvals from Nampower, Namwater, Namibian Roads Authority and Telecom Namibia, thanks to the full support of the Government of the Republic of Namibia.

Mr. Peter Collins, Marketing Director, Accolade Properties Namibia, says that APN is now in a position to break ground in mid-2009 and after two years of effort, deliver real value to investors and funders alike, changing the landscape of the Namibian and SADC economies.

This exciting project was initially introduced at the SADC Infrastructural Investor Conference, Windhoek, November 2007 and after two years of preparation is officially being launched at the Gauteng NEPAD Summit in Sandton, Johannesburg on 3rd-5th March 2009, and at a private NEPAD Business Foundation function on 12th March 2009. According to Collins “SUNGATE is the best new business address in sub-Saharan Africa.”

“Even prior to formally launching the project, there has been a substantial response from the local and Southern African market demonstrating a clear demand for infrastructural investment at the International Airport in Namibia” says Collins. The project enjoys the full support of the Government of the Republic of Namibia at both national and regional levels.

The infrastructural upgrade of the Walvis Bay deepwater port, the recent MoU regarding freight cargo links between Namibia, Botswana, Zimbabwe and South Africa, as well as the Free Trade Agreements between the fifteen SADC countries sets up this unique development to play a pivotal role in Namibia's and the SADC region's continued economic development due to its strategic location.

Phase 1 consists of 231 hectares of saleable land including a hotel site, filling station and truck-stop, a light industrial park, office blocks, residential and retail components. SUNGATE's convenient location at the HKIA and on the trade corridor between the deepwater port of Walvis Bay, Gaborone, Johannesburg, Maputo, Livingstone & Lubumbashi ensures its importance as a trade and logistics distribution hub for the SADC region.

The project aims to establish a mixed-use development that will cater for the following:

* Light Industrial space;
* Commercial enterprises;
* Hotel and accommodation facilities;
* Warehousing and service industries and
* Residential amenities.

The implementation of cutting-edge infrastructure and integrated technology solutions means that SUNGATE will offer maximum benefits per square metre.  With functionality at its core, SUNGATE will cater to the requirements of big business with a primary focus on sustainability, as well as import, export, distribution, transport and related activities.

To cater for the increased number of international tourists visiting Namibia on an annual basis, exclusive international hotels, located near the airport, will further highlight the development's cosmopolitan appeal.  The design of the residential sector will make the most of the surrounding natural environment and will be tastefully integrated with the business area of the development. The entire development is landscaped in accordance with Environmental Best Practice.

The residential areas will operate as a town, boasting a private clinic, school, crèche as well as various social facilities and communal areas. For added convenience a retail sector will complete SUNGATE's offering.  Also proposed are a variety of niche attractions and various entertainment facilities which will have a strong leisure aspect, appealing to the tourist.

As the sun rises over a land of growth and opportunity, SUNGATE truly is the dawn of a new era for business in Africa.

Last modified on Monday, 14 April 2014 11:34

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