




Areas located directly around future Gautrain stations are attracting great interest when it comes to property development, especially speculative offices, retail and mixed-use property developments.
Fran Teagle, Broll Property Group's Director of Commercial Broking for Gauteng, points out that the speculative development taking place in these locations shows confidence in Gauteng's future by the property sector and symbolises the important role that the Gautrain stations are expected to play in our society.
"As public transport hubs, these locations are ideal for staff intensive businesses and many property developers are creating buildings with large floor plates to accommodate cleverly designed open plan offices which provide working spaces at 10sqm to 15sqm per person," says Teagle. This is much more compact than the previous norm of about 20sqm per person.
Usually this would put pressure on the parking that building owners need to provide, but Teagle notes that as Gautrain stations will create public transport exchanges, the onerous need for extensive parking is alleviated.
In proximity to the new Rosebank Gautrain Station, The Firs is being redeveloped and expanded by Investec Property. Tiber's beautiful new AAA grade office tower set to be complete mid 2010, will also contribute to creating landmarks for the area as well a number of older properties which have been owned for years by Old Mutual.
There are a number of office blocks planned to go up around the site of the future Sandton Gautrain Station, with some already under construction. In addition, superbly located to the Gautrain station, Sandton City is forging ahead with its repositioning for which the first phase of the expansion and redevelopment is pegged at some R1,77 billion.
Furthermore, it seems that electricity constraints have been prioritised, with council having provided supply to a number of new developments in the area.
"This has been a constraint, especially in Midrand where a number of developments are earmarked around the new Gautrain station that will serve this area, but progress is finally being made," says Teagle.
East of Johannesburg in Ekhuruleni, which will feature both the Airport and Rhodesfield Gautrain Stations, development activity is already picking up in the established business nodes of Jet Park and Isando, as well as the emerging area of Pomona in Kempton Park. In addition to the Gautrain stations, these areas are superbly served with good highway access, as well as railway and shuttle services.
Around the OR Thambo Airport there is already 40,000sqm committed for development, both turnkey and speculative. Alongside the Rhodesfield Gautrain station site, development plans are afoot for 80 000m² of hotel, offices and retail which will link into the station and across to the airport.
In Tshwane, Centurion is also blossoming around the site of the future Gautrain station, with plenty of development activity already underway.
Teagle believes that those who are embracing the opportunities that the Gautrain stations promise, will be in the pound seats.
"Those who are taking the opportunity and developing now are not undertaking wild speculative development but rather taking a clever risk. The Gautrain is going to have a massive impact on how we live, work, shop and travel and, as with any new real opportunity, those developers who have taken the initiative first, stand the best chance of enjoying the benefits."





Bombela, the company building the Gautrain rapid-rail link, and the company which will operate it for 15 years, has signed a deal with Mercedes-Benz South Africa (MBSA) for the supply of 125 buses which will service the project’s feeder and distribution routes.
The luxury buses, all with Euro III engines, will be used to ferry commuters to and from the Gautrain stations, up to a radius of 15 km, says Bombela Concession Company CEO Jerome Govender.
“The intention is, if the local councils agree, to have bus stops roughly every 500 m along the route.”
Of the 125 buses, 118 will be 35-seater to 42-seater buses, of which 59 will be 35-seater buses with wheelchair access, and the remaining 59, standard 42-seater buses. All these buses will offer room for 17 standing passengers, explains Govender. The last seven buses rounding off the 125-strong fleet will be articulated buses, offering standing room, 46 seats and wheelchair access.
“These articulated buses will be used on what we anticipate will be high-volume routes in the Pretoria central business district,” says Govender.
“The general principle is that the Gautrain-branded buses must offer the same level of comfort and luxury – such as air conditioning – as the Gautrain,” he adds.
Govender says MBSA will supply the bus chassis from the company’s East London plant, with the bus bodies (shell and interior) then provided by Busmark 2000/Caio, located in Randfontein.
“All the buses will be locally assembled, so they will feature a strong local component,” notes Govender.
The bus depot will be located next to the train depot, in Midrand, with the bus operations centre next door.
Passengers will pay for the bus and train trips making use of a smart card. They will be able to load different values onto this card for various travel products.
The Gautrain bus system will be operated by a subcontractor to the Bombela Concession Company. This subcontractor is led by Unitrans, with SPG, a 25% empowerment shareholder in Bombela, also owning a portion of the company. The South African National Taxi Council forms parts of SPG. Govender says this means the bus system has participation from the taxi industry.
However, he adds that the Gautrain bus system is a dedicated system designed around the rail network, emphasising that it does not compete with the taxi operators, as has been the perception around the proposed bus rapid- transit systems to be rolled out in several big South African cities in preparation for the 2010 FIFA World Cup.
MBSA will deliver the first buses by the end of January next year, for the purpose of training drivers, of which there will about 250 in total.
The first phase of the Gautrain, stretching from OR Tambo International Airport to Sandton, is to be operational in 2010, with the Johannesburg–Pretoria link to be completed in 2011.
The Rosebank in the region of the Gautrain station will be getting a major boost:
This from News24
R150m invested in Rosebank properties (from News24)
2009/07/14
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