Growthpoint breaks ground on new units at Centralpoint Innovation District

Tags

---

26-04-2023
Read : 509 times
Property Wheel
Source

Growthpoint Properties has started construction on two new units at Centralpoint Innovation District, its multi-million Rand light industrial precinct in Samrand, Johannesburg.

Construction of these speculative units commenced in November 2022 by the REIT’s in-house development team and the new units will range from 3 600m2 to 5 700m2.

“The buildings are designed and developed to be clean and modern, yet stylish – speaking to the innovation-focused nature of the development. The first two units are expected to be ready for occupation by July 2023. Construction of a further three units is on the cards to commence mid-year and welcome tenants in the first half of 2024,” confirms Leon Labuschagne, Growthpoint’s Head of Industrial Development.

The new units join the six developments in Growthpoint’s Centralpoint Innovation District completed to date. Growthpoint recently added a new tailor-made 5 750m2 premises for Beckman Coulter. It also completed the turnkey data centre development of NTT Johannesburg 1 Data Centre at Centralpoint Innovation District, on behalf of NTT Ltd. Group, the world-leading global technology services provider, represented in Africa and the Middle East by Dimension Data, the South African systems integrator and managed services provider. Other developments in the precinct include the 10 000m2 Bakers SA Limited’s warehouse, distribution facility and regional offices, and the 27 000m2 Sterling Industrial Park.

In addition to its location, Centralpoint offers all the advantages of security, power availability, diverse fibre connectivity and a well-maintained public precinct managed by a dedicated property owners’ association.

The precinct’s full range of integrated services connects infrastructure and technology efficiently and it provides 24-hour precinct security with CCTV cameras, access control and street lighting.

The buildings are optimised for flexibility, with each having its own open-plan office area. Warehouse spaces have a clear spring height of 11 metres. LED high bay lighting is provided to all warehouse spaces, and natural lighting will be enhanced by means of translucent sheeting on certain vertical sections of the facades. The warehouses will be fully sprinkler protected, with sprinkler systems connected to backup pumps and tanks. Power allocations from 147kVA to 212kVA are available. 

All facilities include energy-efficient air conditioning and lighting and structural compliance for solar photovoltaic panels.

The Samrand node is central, being midway between Johannesburg and Pretoria. It is easily accessible from the N1, Gauteng’s major north-south arterial, and also offers easy east-west access, with O.R. Tambo International Airport being just 30 minutes away. The development is located in close proximity to established taxi and bus routes, and to the site of a future Gautrain station. Easy access to medical facilities, schools and large shopping centres further enhances its appeal.

Approximately 220 000m2 of GLA is available in total for future innovation. Facilities can be custom developed by Growthpoint to suit the specific requirements of clients, and the site has industrial, office and retail zoning in place.