Parktown will soon have its first new office park development to be constructed in this Johannesburg node in 10 years. Abland is developing a 35,000m2 A-grade office park called Hill on Empire. It is situated in Parktown’s green belt on the corner of Empire and Hillside roads, surrounded by Wits University and other cultural landmarks.
The first of four buildings being constructed in this secure R700m precinct will be ready for occupation in June 2016, with a subdivisible gross lettable area of 6,800m2. The office park development will be completed by 2019.
Says Donald Majola, development manager at Abland: “The development coincides with a growing demand for new, quality office space in the node. The Parktown area hasn’t received a new product for 10 to 15 years, although many office buildings in the node have received revamps.”
One of the contributing factors was Johannesburg’s new transport corridors. Hill on Empire will be at the crossroads of many transport systems, affording it exceptional accessibility. For instance, the site is closely located to the Rea Vaya Bus Rapid Transit stop and a Gautrain bus stop. Says Majola: “Hill on Empire will be comparable to the A-grade offices associated with Sandton and Rosebank, but will come at a more affordable cost of occupancy, and with exceptional ease of access for people who use both private and public transport.”