New office park for Century City

Posted On Monday, 16 August 2004 02:00 Published by
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Fusion Quarter, an exclusive low-rise office development comprising four stand-alone, free-hold office blocks, is being launched at Century City.

Fusion Quarter, an exclusive low-rise office development comprising four stand-alone, free-hold office blocks, is being launched at Century City.

A joint venture between Century City Property Developments (Pty) Ltd and T.G.L.C. Developments, this R20m development offers superb investment opportunities for owner occupiers or other investors looking for steady annuity income coupled with compounded capital growth prospects.

Situated in the prestigious Waterford precinct of Century City, Fusion Quarter abuts Century Boulevard, the main Century City thoroughfare, providing high visibility for the four office blocks, each of which offers the potential for naming rights.

Greg Deans, managing director of Century City Property Developments (Pty) Ltd, said the project was a response to growing demand from investors and small to medium-sized businesses for stand-alone, free-hold title offices in a secure environment and followed the success of the neighbouring Waterford Mews development.

"It is widely accepted that the commercial market has seen its worst in the current cycle and demand for office space has picked up sharply over the past six months. With this trend expected to continue, achievable rentals are anticipated to firm strongly over the next 12 months which will be coincide perfectly with Fusion Quarter’s delivery date."

Deans said the four signature buildings have been designed and positioned to maximize the views and full potential of their well-appointed sites and to complement each other and the surrounding urban environment.

Each building in the development offers a total of approximately 470 square metres of..lettable space over two levels with undercover parking on the ground level . Additional parking bays are provided in an open landscaped area providing a parking ratio of four bays per 100 square metres of lettable space.

The lettable area is easily divisable allowing functional offices from 60 square metres through to 470 square metres. Generous tenant installations are included in the package.

Architect Bruce Wotherspoon said that drawing on the aesthetic theme of the neighbouring Waterford Mews development, Fusion Quarter combined high-tech modern architecture with a more traditional wharfside design.

"When viewed as a cluster, it creates an appearance of a fusion of the two architectural styles, hence the fusion aspect to the name Fusion Quarter," he said.

The interiors of the buildings, he said, will have high quality finishes and could at this stage be fitted out to purchasers or tenants specifications.

Fusion Quarter is a stone’s throw from a navigable canal that flows through the Waterford precinct linking it to all the other amenities at Century City including the bustling Canal Walk shopping centre and Intaka Island, Century City’s award winning wetlands conservation area.

"The development has almost every imaginable convenience on the doorstep offering buyers and or tenants an unsurpassable lifestyle. One can enjoy a light lunch or after-work drink at a picturesque restaurant at the water’s edge, take a jog along the canals or tree-lined boulevard, stop off at the golf driving range for a practice putt or two on the way home or take in some late night shopping or a movie. It is all there for the taking,’’ said Deans.


Publisher: Cape Business News
Source: Cape Business News

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