Diep Rivier’s Urban Spin creates a stir
A new project on Main Road, Diep Rivier, called Urban Spin, is creating a stir with all its units sold out within months.
The new residential units in Diep Rivier, Cape Town, will have its first units available in July/August this year. Urban Spin will consist of 90 sectional title units in three storey blocks, enclosing a central courtyard with gardens, basement parking, 24 hour security within electrified fencing, a gymnasium, pool, internet café and a launderette.
Bloemfontein gets R60m business hotel
Protea Hotels will be launching a new R60m business hotel in Bloemfontein, which is set to open in April next year. Construction on the 94-bedroomed hotel, named Protea Hotel Willow Lake, has started late May.
Regional Director for Protea Hotels, Mr Bill Ford, said that business hotels have proven to be successful as with Protea Hotel Nelspruit and Protea Hotel Mafikeng and it is this model that will be used for Protea Hotel Willow Lake.
New development for Tyger Valley
A new development, which will cost a total of R124m is to be built in the Northern suburbs of Cape Town. The four storey office blocks will provide 8 600sq m of offices and will be linked by a common podium with a two level parking basement with bays for 343 vehicles.
The development is an initiative from Charles Potgieter and Nedbank Corporate Property Finance (Cape Town) to make Cape Town’s Northern suburbs a more exclusive corporate neighbourhood.