Architect and Builder September/October 2015 | Page 12

PROJECTWATCH PROPOSED, CURRENT AND FUTURE PROJECTS FROM SOUTH AFRICA AND ABROAD PROJECTVIEW THE PAVILION, V&A WATERFRONT The redevelopment of the former BMW Pavilion in Cape Town’s V&A Waterfront Zenprop will by owners provide approxi- mately 4,000m2 of AAA Grade commercial office space over two floors. The existing building was completed in 1994 by dhk and at the time housed a BMW exhibition centre as well as the first Imax theatre in South Africa. The redevelopment respects the integrity of the original design and its prominent V&A Waterfront position. The design preserves the main entrance for the new commercial tenants on Dock Road and creates a secondary entrance for owners Zenprop on the same side, as well as an additional tenant entrance on Beach Road. Office space is located around the central atrium, an original feature, and a new lift core and tenant toilets have been added in a central position. Additional floor space has been added to the southern corner in the triple volume space which housed the former Imax theatre, and new windows added to this elevation which was previously closed to the street edge www.dhk.co.za www.zenprop.co.za 10 CENTRAL SQUARE, SANDTON Lushaka Investments is the development arm of the Lushaka Group of companies. Since 2002, Lushaka Investments has developed high-rise luxury residential buildings, an iconic commercial office building the World Trade Center Johannesburg, in Sandton, and is now developing its latest and most ambitious project to date – Central Square Sandton, which includes residential apartments, retail areas with landscaped gardens onto a 5,000m² piazza and additional office areas to complement the existing office tower, World Trade Center Johannesburg. Central Square promises to be a magnificent development – offering the best value, highest quality, within a mixed-use precinct. Formerly known as Green Park Sandton, Central Square has enabled Lushaka to demonstrate its green consciousness into a mixed-use development, in excess of R3 billion, in the heart of Sandton. The development is situated on 23,500m² of open land and is a three-phase development. Together with Mercantile Bank, Mota-Engil Africa and Lushaka Investments, an innovative and unique business and financial model was developed to unlock the Central Square project. Mota-Engil is a multi-billion-dollar full-service construction company, one of the largest in Africa, and in the Iberian peninsula of Europe, with an international footprint. Mercantile Bank signed the single biggest lending transaction in its 50 year history by granting a R600-million loan to Lushaka Investments. The size of Mercantile’s balance sheet and its prudent credit policies recommended the bank to fund R300-million of the R600-million needed. The remaining half was funded through a partnership within the Caixa Geral de Depósitos (CGD) group. CGD is the largest bank in Portugal. Design The expressive contemporary architecture of Central Square is minimalist, subscribing to the ‘form follows function’ principal. An example of this is the curvilinear balustrading that varies in accordance with privacy requirements. Solid concrete up-stands in front of bedrooms rake down in front of living spaces to take advantage of the breathtaking views through frameless glazing. The resultant fluid forms define the architectural aesthetic of the building. At the heart of the development is the nearly 5,000m2 landscaped Central Square. This urban park is bordered by restaurants, boutique retail over two levels, and a 3,700m2 health spa and gymnasium. The park meanders into the central atrium of the apartment block which provides a well ventilated green lung at the core of the high rise apartment structure. A curved Project Watch