The ever-changing Sandton skyline will soon be graced by even more construction equipment as property development group Atterbury says they will soon start on the new Barlow Park redevelopment, which will run at a cost of R3 billion over the next six to eight years.
The development, located on 180 Katherine Street, is a mixed-use development that will be anchored by the new corporate headquarters of Barloworld.
It is being developed through a three-way partnership between Barloworld, Atterbury and African Rainbow Capital, with each group holding one-third of the landmark site.
In total the development will cover 130 000 square meters, which will be split between 10 000sqm for retail and leisure, 10 000sqm for dealerships, 55 000sqm for residential and 55 000sqm for offices.
Atterbury has said that the project will kick off in the latter half of 2019 when demolition work spanning two months will begin, after which the bulk earthworks will begin for the basements. The build is projected to roll out in phases over the next six- to eight years.
Construction on the top structure will begin towards the end of the year.