MASTER INVESTOR of post tension cable been used in its construction , as well as 18,500 tons of rebar and 205,000 cubic metres of concrete . During the construction a substantial 3,078 people were employed for the project and , by January 2016 , they had worked 10.41-million manhours .
MASTER INVESTOR of post tension cable been used in its construction , as well as 18,500 tons of rebar and 205,000 cubic metres of concrete . During the construction a substantial 3,078 people were employed for the project and , by January 2016 , they had worked 10.41-million manhours .
A major benefit of Mall of Africa is its central location in Gauteng and easy access from all areas . The centre is located a stone ’ s throw away from the first free-flow intersection of its size in Africa at the nearby Allandale Road exit from the N1 Highway . This provides ideal access for shoppers travelling from the north and south to this iconic new mall . It is also mere minutes away from the major east , west , north and south highways meeting at the Buccleuch interchange of the N1 , M1 and N3 .
In addition , the massive road upgrades Atterbury has undertaken as part of the Waterfall City development ensures getting to Mall of Africa is easy for shoppers and improves the infrastructure for all road users .
The new R160 million Bridal Veil Road overpass bridge , developed by Atterbury Property Development , opened at the same time as the mall to create a brand-new east-west transport route .
The bridge ’ s superstructure is 115.8 metres long and 22.7 metres wide and carries four lanes of traffic - two in each direction - a pedestrian walkway , a cycle lane and a raised centre median .
In addition , road infrastructure was substantially upgraded on Maxwell Drive , to the west of the mall , where increased capacity was created at the intersections . The existing traffic circles were upgraded to signalised intersections at a cost of R17 million .
Green Development Atterbury Property Development ’ s commitment to responsible development , energy efficiency , sustainability and the implementation of green strategies is evident in Mall of Africa ’ s design , construction and operational practices .
The project has implemented multiple green technologies , including a massive photovoltaic installation on the roof of Mall of Africa . The installation will be the largest in South Africa and Africa and will provide 4.8MVA of sustainable power for the centre . The mall will use grey water harvesting in all public toilets and for the irrigation of the entire development . Its design means natural light is maximised in the mall in such a way that shopper comfort is also optimised .
Van Der Watt says : “ Atterbury ’ s vision was to develop the highest quality retail property that offers an exceptional overall shopping experience and is an asset to its owners , retailers and customers . We are excited this is now becoming a reality and can ’ t wait to share the Mall of Africa experience with everyone .”
Louis van der Watt ’ s long-term goal for Atterbury is to ultimately become a worldwide property player -- almost half of the company ’ s current developments are outside the borders of South Africa . He attributes the company ’ s continued success to the fact that employees are also shareholders , giving them ownership and shares in the success . The ease at which Atterbury partners with other players in the property industry also benefits its performance and the company slogan “ it ’ s a matter of association ” underpins this mantra .
Louis received the Capital City Business Leader of the year award in 2015 . In 2014 Louis was awarded the University of Pretoria ’ s Alumni Laureate Award in recognition of his remarkable achievements . He was also the recipient of the Christo Wiese Medal for outstanding Entrepreneurship in 2009 .
FAST FACTS
• Atterbury was formed in 1994 - 22 years ago
• The Atterbury Trust was launched in 1998 to support previously disadvantaged communities and advance culture on behalf of Atterbury
• In 2002 Attfund was formed , which was sold to Hyprop in 2011
• In 2005 , Atterbury Investment Holdings , now Attacq , was formed
• In 2008 Atterbury acquired 1.75 million sqm of commercial development rights at Waterfall
• Attacq was listed on the main board of the JSE in 2013
• Atterbury Europe launched from Austria in 2014
• Record number of eight shopping centres opened in 2014 alone , with a total of 21 to date
• Atterbury Property Fund was formed in 2015
• Atterbury Europe acquires two major shopping centres in Cyprus as well as the Usce Mall in Serbia in 2015
• Almost two million sqm of commercial , retail and residential properties have been developed by Atterbury to date
• Atterbury Asset Managers ( AAM ) currently manages around 800 000 sqm GLA in South Africa , Mauritius , Ghana , Namibia and more recently Europe
RESOURCES
Atterbury
www . reimag . co . za MAY 2016 SA Real Estate Investor 11