February 27 2026 15:00
Tim Kloeck, Chairman of Tricolt and Estienne de Klerk, SA CEO of Growthpoint Properties
SANDTON, SOUTH AFRICA
Growthpoint Properties and Tricolt marked the official groundbreaking of Olympus Sandton on Thursday February 26 2026 as the development readies to rise above the familiar skyline at the very highest point of the Sandton Summit precinct atop South Africa’s cosmopolitan financial hub, Sandton Central.
Olympus will comprise 527 apartments across two sculptural towers, The Athena and The Apollo. Developed as a hospitality-led, mixed-use scheme, it will integrate high-end residences with a Marble Hospitality restaurant and sky bar, boutique hotel, resort-style leisure facilities, landscaped sky gardens and a street-level Pantry by Marble deli and coffee shop.
More than 85% of apartments have been sold since launching in February 2025, with sales exceeding R1.4bn, reflecting strong demand for residential buildings in walkable mixed-use precincts like Growthpoint is deliberately creating at Sandton Summit, with its vision for shaping quality urban precincts where people can live, work and connect in one integrated area.
At the sod-turning ceremony, Growthpoint’s SA CEO Estienne de Klerk said a number of residential schemes had underperformed in Sandton but Growthpoint and Tricolt would deliver a world-class product. The Olympus is located opposite Discovery’s SA head office and will serve affluent clients who want to stay in SA’s commercial centre.
Earthworks are well advanced and piling is scheduled to commence in mid-March 2026.
alistair@proeprtyflash.co.za
