R2 billion Malakite Park development for Greenstone Hill, Modderfontein

Posted On Thursday, 12 March 2009 02:00 Published by
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Balwin Properties has announced it is developing the prestigious Malakite Park in Greenstone Hill, which includes 50,000sqm of AAA grade offices, a 4-star upmarket residential hotel, The Malakite, an upmarket sectional title residential development, Strelitzia, comprising of 376 apartments

Latest in a line of prestigious developments by Balwin Properties, which has earned an unsurpassed reputation for its quality residential developments over the past 20 years, Balwin is now applying its knowledge, experience and uncompromising standards to commercial property development with Malakite Park.

Superbly located in a strong and growing node with excellent major highway visibility and access, appealing design and considered planning, Balwin’s Malakite Office Park is set to become the ultimate prestigious business address in eastern Johannesburg.

The 12 ha Malakite Park is part of the most exciting new node in greater Johannesburg, the Greenstone Hill precinct, and is close to powerful retail draw cards -- the 75,000sqm Greenstone Mall and the 55,000sqm Stoneridge Centre -- as well as Longmeadow Business Estate and a number of other established office locations.

“This low-rise, low-density Malakite Office Park development complements and links seamlessly with the retail, residential and business locales surrounding it,” notes Rodney Gray, Managing Director of Balwin Properties.

Creating a node of excellence for both large and smaller companies, the high quality corporate environment comprises 13 office blocks complemented by the 180 key The Malakite Hotel, conference facilities, franchised coffee shops and food outlets, a gymnasium and a jogging track designed along a vibrant “high street” which incorporates open parking and an abundance of appealing landscaping and open space.
Malakite Office Park accessibility makes it one of the most strategically desirable locations in Johannesburg, for both local and international corporations, points out Steve Brookes, Chairman of Balwin Properties.

Strelitiza is a high density sectional title development incorporated within the Malakite Park consisting of 376 apartments. “Good spatial design, well appointed finishes and value for money make Strelitzia an exciting new residential development,” says Ulrich Gschnaidtner, Projects Director of Balwin Properties.

Malakite Park is situated at the confluence of the N3 highway – connecting Pretoria, western Johannesburg and Sandton with Bedfordview, Germiston and Alberton -- and the R24, which is the main route from Johannesburg to Oliver Tambo International Airport, and further to Witbank.

With its striking gateway entrance from Emerald Parkway, which leads off the major arterial of Modderfontein Road, the secure access-controlled Malakite Park is also conveniently located to the Modderfontein Gautrain station.

Gray explains that Malakite Office Park will be developed in two phases, with the first, or southern, phase comprising some 20,000sqm of highly flexible office space in six buildings sized from 2,400sqm over two storeys to 5,735sqm over four storeys. The second phase will include approximately 30,000sqm of office space and incorporates “The Malakite” hotel and seven office buildings.

Environmentally sensitive, the green-focused design of the buildings has factored in sustainability issues from the park’s conception with an efficient thermal envelope including shading to harsh orientations, energy efficient lighting and the use of HVAC systems, maximising of natural light with large windows and skylights.

“Malakite Park is also taking a responsible approach to water usage including rainwater harvesting and recycling,” notes Brookes. To overcome the challenges posed by the city’s infrastructure, standby power is also available.

Architect Guy Steenekamp of TPSP Architects explains that each building has its own identity, while perceptual cohesion is created through shared features formed from glass curtain walls to natural stone-clad staircases and podium bases, and welcoming porticoes which promote a distinctly modern aesthetic. The A-grade buildings are supported by a corresponding standard of service and fit-out allowances to match.

The development’s generous parking ratios also offer each building a naturally ventilated parking basement with direct access, as well as a pedestrian entrance to the street and parkade access off the subsidiary parking areas.

Publisher: eProp
Source: Balwin

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