Arterial industrial estate, South Africa
Name of the Project
Arterial industrial estate.
Location
A 71 656 m2 site in the heart of Blackheath, Cape Town, in South Africa’s Western Cape province.
Project Owner/s
Growthpoint Properties.
Project Description
The project comprises two phases.
Phase 1 is complete and spans 19 741 m2 featuring six warehouse units, each with a two-storey office block. Phase 2 will add 21 840 m2 of lettable space, more than doubling the size of Arterial Industrial Estate. This phase will add a further six warehouse units, ranging from 2 945 m2 to 5 713 m2, enhancing the estate’s capacity to cater to diverse business needs.
Potential Job Creation
Not disclosed.
Capital Expenditure
Not disclosed.
Planned Start/End Date
Phase 1 started construction in July 2023 and was completed in April 2024.
Phase 2 will be ready for occupation from March 2025.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
Growthpoint, tel +27 11 944 6000 or email investorrelations@growthpoint.co.za or procurement@growthpoint.co.za.
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