Coming soon to CBD

2010-10-06 00:00

THE Pietermaritzburg central business district will soon be home to a new office block, located at 171 Pietermaritz Street.

Dev Chetty, of property developer 200 Pietermaritz Street Pty Ltd, told The Witness that the development will cover about 8 000 square metres, including 5 000 square metres of office space on three levels.

The site, which has lain dormant for several years, was previously occupied by Warren’s Gym.

It will boast ample undercover parking on the ground floor.

Chetty said that Devrog is the developer of the site.

The development ranks as one of the few major developments in the CBD at present.

He added that although Devrog is “building on risk”, having taken a long-term view, the site offers many attractions.

The Witness reported earlier this year that the local commercial property market remains largely in the doldrums, with the exception of an extension to an office park at 328 Victoria Road in the CBD.

Many businesses have apparently delayed their investment decisions in 2010.

Chetty said that the building could attract law firms and government departments among other potential tenants.

“The location within the CBD is excellent.

“It is ideally located for offices as the whole node in the CBD has offices, including many government departments, such as Health, Education, SARS [SA Revenue Service] and the Deeds office, as well as many law firms.”

Chetty said the development, which kicked off in June 2010, will be completed by December.

The professional team responsible for the development includes several Pietermaritzburg companies, including Keith Gopal & Associates (architectural designer), Ahmed Vawda (structural engineers) and Uniform Formwork, a major sub-contractor, for the construction work.

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