The Western Cape’s Richmond Park is set to be completed within the next three years according to developer, Atterbury.
The mixed-use development will be located in Milnerton by the N7 highway. It will be worth billions of Rand and is a vote of confidence in the province.
“There is tremendous momentum on site at Richmond Park at the moment. It also has a strong development pipeline that carries through to next year and will keep the site busy for some time,” Arno du Plessis, Atterbury’s Western Cape development manager said on Tuesday.
Richmond Park will include mixed warehousing and industrial space, offices, retail and events space.
Du Plessis said a number of parts of the development had been completed already. These included 6 700 m2 pickup point for online retail goods distributor Takealot which was completed in April 2022. This point could be expanded with the potential to grow to 17 000 m2.
Technology group Rubicon’s new 7 500 m2 warehouse and 2 300 m2 offices and showroom has recently been completed. The company is now fully operational in their new Western Cape headquarters, said du Plessis. Atterbury also developed a 24 000 m2 Takealot Distribution Centre (DC) in Richmond Park.
Atterbury would build a new 17 000 m2 showroom for car resale specialists WeBuyCars in Richmond Park. This is expected to be completed in November this year.
Two separate site acquisitions have also been completed in Richmond Park. Austen Dundas Property Group acquired a site to develop a four midi-unit park, Harvest Park, where each unit would be approximately 1 000 m2 and which can be combined to accommodate larger clients. West Property Fund acquired a site at Richmond Park to establish a facility for an existing client, Zest WEG Group.
Richmond Park’s tenants already include Aramex, CTM, Cape Fruit Coolers, Mustek, Scoop, ACDC Dynamics, Corex, Sequence Logistics and getWorth.
Richmond Park held strategic importance for an assortment of businesses across the Western Cape province. It was easily easy accessible from the N1 and N7 highways. The province’s R270m Refinery Interchange upgrade, which is widening the Plattekloof Road bridge over the N7, is due for completion in February 2024. The new dual carriageway bridge and pedestrian bridge would significantly improve the area’s east-west traffic flows, du Plessis explained.
Atterbury has 28 years of development experience across SA and elsewhere.
Please contact me shelleyd@indoorgardens.co.za
We already are service providers for Aramex and Takealot in the business park and would like to be the preferred Service provider of choice
So would love to come and meet you all