Olympus Sandton mixed-use residential and retail development, South Africa
Name of the Project
Olympus Sandton mixed-use residential and retail development.
Location
Olympus Sandton will be situated in the mixed-use Sandton Summit precinct, in Gauteng, South Africa.
Project Owner/s
JSE-listed real investment trust Growthpoint Properties and luxury residential developer Tricolt Group.
Project Description
The initial development comprises two towers.
The first tower will comprise 22 storeys, including hotel rooms and residential units, a spa, a sauna and an infinity pool, a restaurant on the eighteenth floor and ground floor retail space.
The second tower will comprise 16 storeys, located east of the first tower. Olympus includes smart energy management systems, aligning with Growthpoint’s environmental, social and governance commitments, as well as its customer offerings.
Potential Job Creation
Not stated.
Capital Expenditure
The project will cost more than R1-billion to implement.
Planned Start/End Date
Construction is estimated to start in the second half of 2025.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Australian architectural practice ClarkeHopkinsClarke and one of South Africa’s foremost architectural studios dhk Architects (design).
Contact Details for Project Information
Growthpoint Properties, tel +27 11 944 6000.
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