Mixed-use Grand Moorings precinct in Century City nearing completion

Posted On Friday, 15 September 2017 15:30 Published by
Rate this item
(0 votes)

A new mixed use development is being built on the last remaining site in the Grand Moorings precinct of Century City by Rabie Property Group.

Manhattan_Corner_

A new mixed use development is being built on the last remaining site in the Grand Moorings precinct of Century City by Rabie Property Group.

Bordered by Century Way and Esplanade Road, Manhattan Corner will comprise a mix of residential apartments and sectional title offices in two attractive buildings of varying heights providing a staggered skyline.

The seven sectional title offices in the development will ranging from 50 square metres to 100 square metres, and will be located on the ground floor facing onto Century Way.  A total of 28 apartments, comprising one, two and three bedroom units all with basement parking, will be built above the offices.

Rabie Project Manager, Greg Jenkins, said the architects, Munnik Visser, were ensuring that the new development will compliment the existing buildings in the precinct but still imbue its own identity.

He said both components of the R60m development have been acquired by an investment company for rental stock.

“We expect demand from tenants to be high as all other residential and commercial developments in the precinct are fully let.”

Manhattan Corner will complete the entire block which also includes the 63 apartment Manhattan Quarter development, the Manhattan Suites & Conferencing high rise building, new studio offices for Bam Architects, the Endeavour Too creche, Manhattan Park and two very popular restaurants, Bootlegger and Time Square Café & Takeout.

Big Ben have been appointed contractors with the development expected to be completed by mid-2018.

Last modified on Saturday, 16 September 2017 08:22

Most Popular

Accelerate Property Fund sells Cherry Lane Shopping Centre for R60m

Mar 30, 2024
Cherry Lane Shopping Centre
Accelerate Property Fund sells Cherry Lane Shopping Centre for R60 million with Cadastral…

FNB Broker Business Confidence declines in 1st quarter of 2024

Mar 31, 2024
John Loos FNB Property Strategist
1st Quarter 2024 Property Sales Activity Survey –Brokers point to the commercial property…

Repo rate holds steady for 5th consecutive MPC meeting

Mar 27, 2024
FNB Estate Agent Survey Q1 2024
Today’s announcement by the Monetary Policy Committee (MPC) that the repo rate would…

Urbanisation drives demand for affordable housing in the Eastern Cape, TUHF

Mar 31, 2024
Letlatsa Lekhelebana_TUHF
Eastern Cape’s major metros are seeing an influx of people from surrounding rural areas,…

Please publish modules in offcanvas position.