City Lodge Hotels group sign up for Lanseria’s mixed-use Cradle City development

Posted On Wednesday, 23 September 2009 02:00 Published by
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City Lodge Hotels Limited has confirmed that it has committed to the acquisition of a site at Cradle City Business Park with a view to developing one of the group’s hotel brands

Cradle City is an innovative, sustainable green-driven development situated on substantial 900ha of land surrounding Lanseria International Airport, north of Johannesburg.  It will comprise of a vibrant mix of residential, commercial, office, retail, hotel, resort, entertainment, warehousing, light industrial and other elements, and is being undertaken by Amari Land.

Sherry Seward, managing director of Cradle City Sales, explains that City Lodge expressed interest in developing a hotel in the area in order to be close to the airport. She notes that it is Cradle City’s location, size and future growth that clinched the commitment of the leading hotel group to build a hotel at Cradle City.

“The commitment of the likes of City Lodge is extremely gratifying and matches our vision for a world-class mixed use vibrant urban development providing a unique opportunity for people to live, work, play and travel,” says Seward.

It is estimated that the 300,000 departing passengers using Lanseria Airport will escalate to seven million in 2017. Likewise, over the next decade, scheduled flights are expected to rocket from 1,100 per year to 4,000.

The first phase 79ha AAA-grade Cradle City Business Park offers individual freehold zoned and serviced sites, provides a full spread of development, investment and rental options. All of this is within walking distance to the airport terminal and serviced by a mini-transport system between the airport and the park.

“In addition to a unique location with Lanseria International Airport as the catalyst for the development, Cradle City will become a destination business tourism gateway, enhancing the attraction for City Lodge,” explains Seward. Cradle City will draw on the value of the nearby Cradle of Humankind, its proximity to the Magaliesburg and the numerous surrounding tourism and conservation areas.

Infrastructure and bulk services will be installed by mid 2010, and will include a mixture of retail, hotel, office, light industrial, warehousing and distribution.


Publisher: eProp
Source: Amari

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