Description : Construction of the new Discovery Health Head Office, in Sandton, Gauteng. The site will be situated on the corner of Rivonia Road and Sandton Drive. The old Sandton Garden Court Hotel was situated at this site, and has been demolished to make way for the new Discovery hub. The building will consist of two wings with eight floors of offices plus a ground floor and a feature roof level. It will also offer nine basements with over 5,100 parking bays. The property is owned by Growthpoint (55%) and Zenprop (45%). It will be developed in a phased approach, and will incorporate a GBCSA (Green Building Council South Africa) green building accredited rating of at least four stars. It is also set to become a landmark on the Sandton skyline. This iconic building will be the largest single office development to take place in Africa. The building will house 5000 Discovery employees. Value of the entire project is estimated to R1.8 Billion. Size 50 000m²
Status : Underway
Type : Building
Region : Sandton, Gauteng
Sector : Invited / Negotiated
Value : R100 million +
Timing : Completion – Mid 2017. Occupation January 2018
Notes: Construction is ongoing. The estimated completion date is October 2017.
If you are a valued Projects subscriber, you can find more details at PPA 13215.