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Mostyn Park Ext 1 Developments

Category Industrial Property News

For years Hans Strijdom was the corridor from the Randburg central business district to Lanseria, and onwards to Hartebeespoort, Brits, Rustenburg and the platinum corridor.During 2008 Hans Strijdom was renamed Malibongwe Drive,and with the N1 upgrade for the Soccer World Cup in 2010,Malibongwe’s role as major feeder route (spinal route) to the N1 motorway was realised.

As Malibongwe was always a single-lane road from the older Kya Sand industrial area through to Hartebeespoort dam, the upgrade to a dual carriageway up to Lanseria airport was completed in 2010. This was to cope not only with the traffic demand along this main arterial route, but also with the additional traffic that the now well-developed Cosmo City and Lanseria International airport would yield.

Nico Louw from Renico Construction realised in 2006 that any business development along main arterial routes would be in high demand. He investigated the area and found that Cosmo City’s Industrial Park development, and an industrial park named Lanseria Corporate Estate, were well advanced in planning. “There were plans by Amari to develop a 1 500 ha track of land in a mixed-used fashion to be known as Cradle City around Lanseria. Upmarket residential developments of Blair Atholl and Monaham Farm were well advanced,” adds Louw.

Louw went on to identify and secure a 27 m ha portion of agricultural land bordering onto the older Kya Sand, and immediately proceeded to get all township and environmental approvals. At this time Northriding’s Northlands Industrial Park, Northlands Deco Park and Northlands Production Park were already in high demand due to their proximity to the fast developing north-western region of Johannesburg and their location on the corner of Malibongwe and Witkoppen Road.

The new township, Mostyn Park X1, was approved late 2008. Today it is the in-fill area between the older Kya Sand and Cosmo City Industrial Estate, making the area from Witkoppen along Malibongwe towards Lanseria a prime commercial and industrial node, with desirability increasing daily for land being close to the N14 Krugersdorp/Pretoria link road. “At present the N14 is also not tolled, an issue around which there is much enquiry from businesses that use road freight or have a desire to be accessible from not only the N14 but also N1 interchanges,” says Louw.

“With the onset of the 2008 recession, these enquiries on tolling and the area became muted, specifically enquiries from owners and investors wanting to invest in or buy new premises. In addition, the general activity in the economy slowed down.
“Renico Construction nevertheless proceeded to develop generic warehouses with offices and soon had names like Steinbuild, Moret Mining, Ice House and other users occupying 1 500 m² buildings either as owners or tenants.”

Louw elaborates that as Bentel Group commenced earthworks on its new 21 000 m² regional shopping centre on the corner of Helen Road and Beyers Naude Drive opposite Cosmo City in 2010, the activity in the area started to recover. “Renico
completed various large-scale warehouses for Allied Electronics Corporation Limited (Altron) for its Lasercom division, UTi,
BATSA, Eureka DIY Solutions and Cobra during 2008, 2009 and 2010,” says Louw.

“Renico decided to commence with the speculative construction of a new 22 500 m² warehouse with offices in Mostyn Park X1 during 2011 as from Renico’s experience it is clear that large users prefer to see what they will be getting prior to signing any new leases.”

During 2011 Renico completed a new 7 845 m² warehouse and office block for Hitech Industrial on Erf 12 Mostyn Park, and is currently busy building a new 8 335 m² distribution warehouse for West Pack. Renico is also busy with a speculative 7 550 m² warehouse that would be suitable for either a tenant or prospective owner to occupy mid-2012.

The 22 510 m² warehouse situated on Erf 23 Mostyn Park was designed by Almero Retief from Entity Architects, with engineering done by Tony Aimer and C-Plan. The hybid steel structure was manufactured and is being erected by Robor. All fire preventions systems, including the sprinklers with pump and tank systems, are being installed by Cross Fire Management, and all smoke ventilation systems are being installed by Ventrite International.

Earthworks were completed by Renico Plant Hire, and all construction is managed by Renico Construction and its team of professionals.

Erf 23 Mostyn Park will be a 22 510 m² warehouse/distribution centre that could either be bought, or let, on a negotiable lease. Some of the salient features of this generic warehouses include 42 116 m² of fully walled site with tarred access on two sides, nine metre eaves at the lowest point, mechanical fire vents, one MVA (1 440 amps) of power capacity, and the latest technology in terms of energy efficiency and stormwater management. “Could this be your business warehouse or new corporate address?” asks Louw.

Enquiries can be made at www.renicoconstruction.co.za, or by calling Andre du Plessis on 011 475 0491 or 082 710 0060.

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Commercial & Industrial Property News | January 2013

Author: Commercial & Industrial Property News

Submitted 05 Aug 15 / Views 16502