Will the boom return?
The Citizen|July 25, 2024
CONSTRUCTION: NOT A SINGLE CRANE IN CBD TO SHOW WORK UNDERWAY
Will the boom return?

Dearth of activity linked to moribund economic growth.

Now that Cartrack's flashy new head office is complete in Rosebank, the only cranes left are those at the new Oxford Parks development along Oxford Road towards Illovo.

Work meanders along at the site.

In Sandton, there is not a single crane in the CBD. The only cranes in place are northwards along the M1, where the development of Barlow Park continues.

Barlow Park itself is instructive. The Atterbury development was originally envisioned to be centred on offices (55 000m²) with some residential capacity (around 800 upon completion).

This was hastily - and sensibly - reconfigured to a residentially-focused precinct.

Phase 1 will have more than double the number of residential units originally planned.

This is no surprise.

هذه القصة مأخوذة من طبعة July 25, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 25, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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