AboutTime Issue 36 | Page 5

PROJECT UPDATES New Showgrounds offices being developed By Brett Marlin Perhaps the Showgrounds name needs to be changed to Time Projects Park as these two buildings are going to be the 13th and 14th buildings that are being developed in Showgrounds by Time. We have secured plot 64515 which is located between the KPMG / AFA precinct and Showgrounds Close. We are happy to consider purchasers, even if they are only for a wing in the building as well as businesses who are wanting to rent premises in the building. As with all our buildings, we will be providing a quality product, which if required, can be certified by the Green Building Council of South Africa. As a standard, we are providing partitioning, wallpaper, carpeting, VRV air-conditioning, electrical, access control and louvre blind tenant allowances. We would like to complete the building to the tenant / purchaser’s specifications so that they can simply move in and start operating in the building. We have had two buildings designed on the property with a total lettable area of 5 000m². As with all our developments we are providing well above the council parking ratio and with this development we have 4.5 parking bays per 100m². We have not yet completed the exterior look and feel of the building, so currently if a purchaser wanted to customise the exterior design of the building it is still possible to do so. We are intending to start on site during the second quarter of 2019 for completion in August / September 2020. Setlhoa Office Park is already 75% sold By Michael Hughes Setlhoa Office Park, situated north of Sebele Centre along the A1 requirements, while currently we have four offices and one 800m² highway, will provide a modern working environment which will be building still for sale. A raft foundation system has been utilised on this easily accessible for people living in the northern part of town. This project as the soil conditions prevented the use of the conventional strip P63 million project will provide 5 800m² of office space for sale and footing foundation. Our Raft Foundations article on page 9 explains will have parking for about 250 vehicles. Construction commenced in more about this type of foundation. Red East Construction has been October 2018 and more than 75% of the office area has already been appointed as the main contractor and the project is scheduled for sold. We have remodelled one of the buildings to suit the new owner’s completion in September 2019. ISSUE 36 - DECEMBER 2018 5