The total development cost of the Business Centre and No 3 Bridgeways was R165 million with exciting plans for a further R1 billion of commercial and leisure projects in the precinct well advanced .
“ We hope to be in a position to announce details of at least some of these shortly ,” he said .
In addition , work has now started on a R1 billion mixed use development , The Square , which will comprise a 900 seat Conference Centre with 12 meeting rooms and a business class lounge with a total capacity of 1,900 over 20 venues ; a 125 bedroom business hotel , showrooms with residential apartments above ; a 8,800m 2 office block with ground floor restaurant and service retail and a structured parking garage . Anchoring the development will be a bustling , multi-functional square onto which restaurants and the other hospitality elements will flow .
According to Vivid Architects , every city should have at least one public square that offers a dynamic , vibrant and safe environment for the public to enjoy .
Century City Conference Centre is one of three buildings that will form the focal point of the Square , a beautifully proportioned space that will offer users the opportunity to socialise , relax , dine and be entertained .
It has been designed as the hub and pivotal node of this precinct that will influence and generate future planning of its surrounds . The strong architectural form and aesthetic of the conference centre has been taken through to the Century City Hotel , to form an L – shaped footprint that is then offset by the more sculptural and whimsical sheer glass façades of the seven storey freestanding office building that forms the balance of the Square . This environment is further enhanced by the introduction of the extended canal system of Century City and bold landscaping themes .
The Square is the largest development undertaken to date by the Rabie Property Group at Century City and , together with other projects recently completed , under construction or in the pipeline , brings to more than R21 billion the value of development which has taken place in the 250ha mixed use precinct since the first sods were turned in 1997 .
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