New Airport Office Park at Cape Town International Airport
Cape Town International Airport is investing R56 million in the renovation of the current Airport Oval office building and adding a new wing increasing the building's footprint from 1,603m² to 3,890m² (not inclusive of storerooms and balconies). Commencement of this project is November 2015. The development of the Airport Office Park will consist of four distinct phases and the future expansion of phase two to phase four will be triggered by demand.
"With the airport fast approaching the 10 million passenger mark it is appropriate to trigger the expansion of the office park at the airport. Today we launch the start of the Phase 1 development of a brand new office park at the airport. The airport has been experiencing exceptional growth. Air Traffic Movements and also Passenger numbers have been growing by nearly 9% year on year and 60% of our passengers are business travellers – office parks become all the more relevant.
We have seen new airline start-ups at the airport and also airlines with direct flights and increased frequencies of flights all of which signals growth. With the aviation growth is a need for increased and improved commercial facilities," said Deidre Davids, Communications Manager: Cape Town International Airport.
"The Airport Office Park is an exciting new commercial development situated conveniently on the doorstep of Cape Town's airport precinct, offering potential tenants exquisite views, a secure environment and premium facilities," continued Davids. The first phase will be completed by the end of 2016 and available to tenants as of October 2016. Phase one of the office park will also offer 70 parking bays in the basement and 96 bays on the surface parking. Each tenant will receive two free parking bays in the terminal car park for their exclusive use.
The office park is perfectly positioned near all major road networks and is just a stone's throw from the N2 freeway. The direct access to the City's major routes provides tenants with a convenient and trouble-free commute to all of Cape Town's key business and economic centres. "The ground breaking event today is for us to launch this project to the Property Brokers, who in turn will market it on our behalf to potential clients, "added Davids.