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Construction Commences on Atterbury's Mixed-Use Richmond Park

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Construction Commences on Atterbury's Mixed-Use Richmond Park

Category Property News

Atterbury has commenced construction on Richmond Park, their multi billion Rand mixed-use development in Milnerton, Cape Town.

"We are going ahead with construction and installing services at Richmond Park, as well as completing roadworks. All the necessary hygiene and physical distancing procedures are in place for this work," says Gerrit van den Berg, who heads Atterbury's Western Cape operations.

"Besides putting more people to work safely at this difficult time, it is an ideal time for public roadworks as those people who are able to work from home are still doing so. With fewer vehicles currently using the roads, traffic disruption will be minimised."

On behalf of the major shareholders, Atterbury is rolling out the development of Richmond Park. The major shareholders include Atterbury, Old Mutual Properties, the Richmond Park Communal Property Association (CPA), Qubic 3 Dimensional Property, Bethel Property and Atlantis.

Richmond Park is a prime business site on Cape Town's N7 corridor. It offers four-lane road access from both the N1 and the N7 highways, making it an ideal location for logistics and warehousing. The mixed-use precinct development includes improvements to surrounding public roads.

The operating and future facilities at Richmond Park include those of Aramex, Cape Fruit Coolers, CTM, Mustek, Scoop, ACDC Dynamics, Max on Top, Corex and Sequence Logistics in conjunction with RPP.

The mixed-use development also includes Richmond Corner, which is scheduled to open on 23 July 2020. The new convenience shopping centre was only four weeks away from opening to customers when the national lockdown began in March 2020. Construction on Richmond Corner started in May 2019.

Anchored by Pick n Pay, Woolworths Food and Clicks, the fully let 6,500m2 shopping centre will provide essential food, grocery, drive-through take-aways, and health and pharmacy retail, among other things.

"Richmond Corner's location and retail mix is designed to fulfil a valuable role in its community. Now, with the national COVID-19 response, access to local retail has become even more critical," says van den Berg.

Richmond Corner is conveniently located on the corner of Plattekloof and Tygerberg Valley roads, right at the N7 highway off-ramp. It will serve to uplift the local community of Richmond and provide essential shopping for everyone working in the park, those in its immediate neighbourhood and commuters living in nearby Bothasig, Richwood, Burgundy, Plattekloof and surrounds.

 

Author Property Wheel
Published 13 Jul 2020 / Views -

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