Leading South African property developer and investor Atterbury has completed the development of a fully-let 6,000sqm premium-grade office and gym in Pretoria’s Castle Gate precinct.
A 2,700sqm Planet Fitness gym, which opened mid-February, occupies one of the building’s two wings. The other wing comprises three office levels, fully let with a trio of top business names: the 1,700sqm head office of prominent national law firm VDT Attorneys, a 1,000sqm regional office for international audit, tax and advisory firm Mazars, and the 500sqm headquarters of Gauteng’s largest residential property developer, Central Developments.
The new gym and offices extend the existing Castle Gate Retail Centre, the first phase of the Castle Gate precinct development. The centre opened in November 2020 and is performing beyond expectations with its appealing mix of convenient retail, unique restaurants, inviting dining piazza, tailor-made kids play area, green spaces and famous night market. Its newest building adds to this vibrant energy, with more than 230 people working there and hundreds more visiting the gym daily.
“We are particularly pleased to complete this new development at Castle Gate with fully-let offices and excellent uptake at Planet Fitness, showing that it responds to a significant demand that was uncatered for in this neighbourhood. The latest addition to Castle Gate reflects Atterbury’s ethos for developing mixed-use nodes; each new property type that we add makes a significant contribution to the overall project at every phase. The excellent interaction between the new workspace, gym and the lifestyle offering is already evident,” says Pieter Olivier, Development Manager for Atterbury.
Castle Gate is a place where people can enjoy a quality lifestyle by having many daily needs - shopping, restaurant, fitness, business and medical - met in one place. The large-scale mixed-use precinct development is expected to represent a total investment of R6bn and create approximately 750 permanent jobs. The development is being rolled out in response to market demand and will ultimately have 50,000sqm of retail space, 50,000sqm of office space, 18,000sqm of mixed-use business park and 1,300 residential units set in eight hectares of protected green areas with walking and running trails.
Castle Gate is a City of Tshwane strategic project in a key Pretoria-east in-fill development growth node. It enjoys excellent access from Solomon Mahlangu Drive and the N1 and the R21 highways. Castle Gate is well served by public transport and only 10 minutes from the Pretoria Gautrain Station, 15 minutes from the Pretoria CBD, and a quick 25-minute drive from OR Tambo International Airport.
