RUBICON TO CONSOLIDATE IN ATTERBURY’S RICHMOND PARK



26-08-2021
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Property Wheel
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Atterbury has announced that it plans to develop a new 9 300m2 distribution and office facility to consolidate Rubicon into new headquarters in Richmond Park, Milnerton, Cape Town.



The sustainable technology company will combine its operations, currently spread across six different locations in Cape Town, into one tailor-made, multi-million-rand facility that will include a 7 900m2 warehouse and 1 400m2 of offices incorporating a 250m2 showroom. Construction of the facility will commence in November 2021 with completion and occupation scheduled for mid-2022.



Rubicon’s new business base in Richmond Park’s retail and logistics focused southern precinct, positions it among blue-chip neighbours in a high-demand destination. The company will be adjacent to the new Takealot Pick-Up Point and distribution facility set to open in March 2022. In addition, the southern precinct of Richmond Park is home to Richmond Corner Shopping Centre, which opened a year ago, offering 6 500m2 of popular convenience retail in 22 stores which include anchors Pick n Pay, Woolworths Food, and Clicks.



Its new headquarters will benefit from exposure, boosting its brand awareness through Richmond Park’s accessibility via upgraded road access from both the N1 and N7 highways.



“We are pleased to partner with Rubicon in consolidating and centralising its operations in such a prominent position. It is a pleasure working with this innovative company for the development of its new headquarters to support its continued growth in South Africa,” says Mia Kitshoff, Atterbury Leasing Manager for the Western Cape.



The new facility also provides the necessary flexibility to accommodate Rubicon’s future growth with 1 200m2 of expansion potential and additional parking capacity to match.



Rubicon is joining a growing line-up of leading names associated with the popular 84-hectare Richmond Park development, which include Aramex, Cape Fruit Coolers, CTM, Mustek, Scoop, ACDC Dynamics, Corex, Sequence Logistics, Takealot, getWorth and the Richmond Corner convenience centre.



Gerrit van den Berg, Atterbury Head of Developments for the Western Cape, confirms that the leading real estate developer is investing in more infrastructure at Richmond Park. Atterbury, which is rolling out the multibillion Rand Richmond Park development on behalf of the various shareholders, has delivered excellent tailor-made development solutions, including property development, investment, and asset management in South Africa and internationally for 27 years.



“In response to demand, Atterbury is adding services to Richmond Park’s southern precinct, including centralised water pumps and tanks. With our R37 million investment for servicing this portion of the development, we are unlocking an additional 50 000m2 of development potential,” concludes van den Berg.



 

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