Growthpoint breaks ground on 144 Oxford
Growthpoint Properties has commenced excavation for its new 35,000m2 premium-grade office development in Rosebank, called 144 Oxford.
144 Oxford in Rosebank artist impression
The development features two P-grade office towers of some 17,500m2 each. It will have a glass façade installed across the two interlinked towers, each providing views across the city, looking down over the leafy green suburb of Melrose. Growthpoint is targeting a four-star Green Star SA rating from the Green Building Council of South Africa (GBCSA) for the development.
Growthpoint office division asset manager Paul Kollenberg points out there is an increased demand in the Rosebank node for P-grade office space. “Rosebank is attracting even more leading businesses and demand for space in the well-located Rosebank office hub can be seen in its P-grade rental levels, which currently surpass even those of nearby Sandton and Melrose.”
