GROWTHPOINT BREAKS GROUND FOR ROSEBANK’S 144 OXFORD DEVELOPMENT
Category Commercial News
Growthpoint Properties has initiated evacuation for 144 Oxford; the new 35 000 sqm premium-grade office development in Rosebank.
With prime position at Rosebank’s gateway, 144 Oxford features two P-grade office towers of approximate 17 500 sqm each. All of this is directly located opposite the Hyatt Regency and a short walk from the Rosebank Gautrain Station. Stepping outside of 144 Oxford’s front door will connect you with the vibrant restaurants, food, lifestyle, shopping, hospitality and entertainment offered by the popular hub of the Rosebank Mall, The Zone @ Rosebank and The Firs,
“We are excited to develop this new prime property with its prominent Oxford Road address and unrivaled exposure. Growthpoint is creating high-performance workspace in a sustainable office building designed for leading businesses that want to position themselves optimally for productivity and staff retention and enjoy a healthy and energising working environment where their business, people and partners can thrive” says Rudolf Pienaar, Growthpoint Properties Office Division Director.
144 Oxford will continue Growthpoint’s environmental innovation with a targeted 4 Star Green Star SA rating from the Green Building Council of South Africa (GBCSA) for the development.
“Growthpoint is going from strength to strength in property development and has grown a respected reputation for delivering prestigious, award-winning, green building and other quality and custom-built development projects. We have built up strong development skills and capacity within our team, and the magnificent 144 Oxford will benefit from this expertise” comments Head of Development at Growthpoint, Pieter Engelbrecht.
144 Oxford will be as eye-catching and innovative as Growthpoint’s other iconic developments. It features a spectacular glass façade across two interlinked towers, each standing proudly with prow-like prominence giving it exceptional views across the city, looking down over the leafy green suburb of Melrose.
Growthpoint Office Division Asset Manager, Paul Kollenberg, points out there is an increased demand in the Rosebank node for P-grade office space: “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.”
Author: Property Wheel
