Architect and Builder Magazine South Africa July/August 2014 | Page 80

Alice Lane: An Urban Icon Alice Lane is a landmark development being added to the Sandton skyline. Situated on the corner of Alice Lane and Fifth Street, Alice Lane is owned by Standard Bank, Pivotal Property Fund and Abland, and is being developed by Abland on behalf of the owners. W hen complete, this will be one of the most desirable addresses in Sandton. Situated opposite Sandton City shopping centre, the site is easily accessible from the M1 freeway and is within walking distance of the Sandton Gautrain station, the Sandton Towers Hotel and the Sandton Convention Centre. The development consists of three new iconic office towers surrounding a central, streetscaped piazza. The parking will be located below the piazza level and will be accessed either from Alice Lane or Fredman Drive. In total, 70,000m2 of premium grade office space is being created in the three towers. The design of these buildings is distinctive and contemporary, with topend finishes throughout. The Piazza The piazza is a key feature of the design and will be the first of its kind in the area. The intention is to create a pedestrianfriendly, attractive outdoor environment which can be enjoyed by tenants, their visitors and the public. Trees and benches will give it a relaxed and welcoming ambience, while sculptures and artworks will add a touch of style. The public will be able to access amenities such as the Virgin Active gym, restaurants, a hairdresser, dry cleaners, convenience food outlets and a Standard Bank branch. Three Phase Development The entire site is being redeveloped in phases. Phase One was completed by August 2013 and is fully let. This 18,500m2 building had to be constructed before the old Standard Bank building on the site was demolished, so that Marsh Africa, which has taken a substantial amount of space in Phase One, could be housed in the bank building while its new premises were being constructed. Abland also concluded an agreement with Virgin Active to put a 80 gym into the building. The gym occupies 3,600m2 below the piazza level, in a space which projects over Fifth Street and offers attractive views of the city. Standard Bank operates its private banking and business banking divisions from the first floor. The construction of Phase Two has taken place simultaneously with the demolition of the old building. This meant that d [[