Abland,
one of South Africa’s leading property developers for over 30 years, is
developing a distinctive mixed use development in the CBD of Cape Town in
partnership with Nedbank. The Rubik, which launched last month, is a mixed use
development with retail, commercial and residential components perfectly
situated on Loop Street.
Work on
the development is expected to commence in the latter part of 2019 with the
demolition of existing buildings. Thereafter, bulk earthworks will take place
followed by the construction of the building which is set for completion in
July 2021. “When this property came up for sale, we wasted no time in its
acquisition as the location is perfect for a mixed use development and already
had plans for it. As Abland, we have undertaken numerous high rise developments
in the Cape Town CBD and are very excited to bring this vision to life” says
Jurgens Prinsloo, MD, Abland.
With this
new development, Abland looks to create a unique and aesthetically pleasing
development with retail, commercial and residential components without taking
away from the functionality of the building. The building will have
double glazing, an air-conditioning system that doesn’t use water evaporation
for cooling, energy efficient lighting and water heating systems which complements
green star initiatives.
The
residential component will offer an eccentric and present-day design with
residential units that are located at the top of the building and perfectly
positioned to give residents an amazing view of the ocean, Lion’s Head and the
Table Mountain. Additionally, there will be separate foyers to separate the
residents from the commercial tenants.
“The
advantage of implementing this project is the modern and unique design that
complements the historical buildings that surround the development. Considering
Abland’s experience in completing complex buildings; the building is set to be
completed on time with all the superb finishes and style from the outside as
well as the inside. We have now received approval for the zoning of the
building,” adds Prinsloo.
To find
out more about Abland, visit: http://www.abland.co.za/