{"id":229719,"date":"2018-03-06T14:57:59","date_gmt":"2018-03-06T12:57:59","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=229719"},"modified":"2018-03-06T14:59:40","modified_gmt":"2018-03-06T12:59:40","slug":"a-look-at-the-stunning-new-r650-million-glass-towers-being-built-in-rosebank","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/229719\/a-look-at-the-stunning-new-r650-million-glass-towers-being-built-in-rosebank\/","title":{"rendered":"A look at the stunning new R650 million glass towers being built in Rosebank"},"content":{"rendered":"

JSE-listed property developer, Growthpoint, has begun excavations on its latest premium office building in Rosebank, called 144 Oxford.<\/p>\n

The new building forms part of the multi-billion rand redevelopment of Rosebank, which has seen over R7 billion pumped into commercial and residential developments in the area since 2013.<\/p>\n

The building will feature two premium grade office towers of around 17,500 sqm each, located directly opposite the landmark Hyatt Regency, and a short distance from the Rosebank Gautrain Station.<\/p>\n

It can be found near the hub of Rosebank Mall, The Zone@Rosebank and The Firs, providing quick access to scores of restaurants, shopping, hospitality and entertainment facilities in the area.<\/p>\n

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As is the trend with other Growthpoint developments, 144 Oxford is\u00a0targeting a 4 Star Green Star SA rating from the Green Building Council of South Africa (GBCSA) for the development.<\/p>\n

As of full year 2017, the group has set aside R650 million for the development, taking up a sizeable chunk of the group’s R2 billion commitments in that financial year.<\/p>\n

Growthpoint office division asset manager, Paul Kollenberg, said there is an increasing demand for premium grade office space in Rosebank.<\/p>\n

“Rosebank is attracting even more leading businesses and demand for space in the well-located Rosebank office hub can be seen in its p-grade rental levels, which currently surpass even those of nearby Sandton and Melrose,” he said.<\/p>\n

Other developments still being built in the area include commercial developments Rosebank Towers, The Mews (now known as the Rosebank Link<\/a><\/strong>), as well as residential apartments like\u00a0The Tyrwhitt and The Median.<\/p>\n

144 Oxford is expected to be complete by October 2019.<\/p>\n

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Read:\u00a0A look at Rosebank\u2019s massive R7 billion face-lift<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

JSE-listed property developer, Growthpoint, has begun excavations on its latest premium office building in Rosebank, called 144 Oxford.<\/p>\n","protected":false},"author":10,"featured_media":229733,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[12043,26],"class_list":["post-229719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-growthpoint","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/229719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=229719"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/229719\/revisions"}],"predecessor-version":[{"id":229755,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/229719\/revisions\/229755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/229733"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=229719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=229719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=229719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}