Real Estate Investor Magazine South Africa March 2016 | Page 38

TRENDS CityPlanninginthe21stCentury City and spatial designs benefiting the greater community BY KATE THOMPSON-DUWE P roperty developers are increasingly becoming more creative when looking at spatial and property design, this to meet the ever-evolving needs of the urban dweller. Shared spaces, duality within the home, and access to public and private (communal areas) amenities are all modern-day needs that wouldn’t have been as important to a developer in SA a decade or two ago. As more people choose to move into the city to minimise commute time, maximise security and convenience; so do these urban residents look for more out of their cities than before. A beautiful apartment to live in is but one of their needs, people also require creative spaces and open places that they can use for their after-hours entertainment and relaxation, this sometimes in lieu of a large garden or entertainment area in their home. Although many urban apartment owners that do have their own large gardens and outdoor spaces still choose to utilise shared spaces for the social benefit they offer. “Property developers are becoming increasingly aware of the value of the wider urban environment, and in particular of the public realm” comments Guy Briggs, Director at dhk architects & urban designers. “This means that they are not only focused on the design of individual buildings, whether offices, shops, apartments or private homes; but they are also aiming to create public spaces on private land, as well as upgrading existing public space outside of their site boundaries –ensuring that these benefit the surrounding community. This serves the dual purpose of improving the attractiveness of 36 MARCH 2016 SA Real Estate Investor the property concerned, as well as the surrounding neighbourhood; which in turn increases the value of their development.” Good examples of developers doing this are South Point in Braamfontein, Jhb; Propertuity, the development brand behind the Maboneng Precinct also in Johannesburg, and Blok, urban property development brand making waves on Cape Town’s Atlantic Seaboard. Property developers are becoming increasingly aware of the value of the wider urban environment, and in particular of the public realm Braamfontein has evolved from a rundown area with concerns about crime and vagrancy in the early 2000s, to being the fourth-largest node for office space in the city of Johannesburg and home to a number of South African-based multinational corporations as well as one of the country’s premier educational institutions, the University of the Witwatersrand. The Maboneng Precinct ten years ago was seedy, crime-ridden and dilapidated. Today there are art galleries, collaborative work spaces, cinemas, and www.reimag.co.za