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February 25.2025
3 Minutes Read

Discovering Atterbury's Richmond Park: A Game Changer for Cape Town's Commercial Real Estate

Aerial view of mixed-use developments in Cape Town.

Richmond Park: A Catalyst for Commercial Growth in Cape Town

Atterbury's Richmond Park development is rapidly transforming Cape Town's commercial landscape, representing a significant investment in mixed-use properties. Located strategically along the N7 highway in Milnerton, this multi-billion rand project sets a new benchmark for commercial environments in the Western Cape.

Connectivity and Infrastructure: Key Advantages for Businesses

One of the standout features of Richmond Park is its unparalleled connectivity. With direct access to major transport arteries, including the N7 and Plattekloof Road (M14), businesses have seamless links to vital areas such as the Cape Town Port and the International Airport. This type of access is instrumental for companies that rely on logistics and distribution.

In addition, Atterbury has prioritized modern infrastructure. Comprehensive road upgrades ensure smooth traffic flow, while fiber optic installations support enhanced business operations. The robust power supply from Eskom further translates into operational cost advantages for the tenants.

Richmond Corner: A Thriving Retail Hub

The retail component of the development, known as Richmond Corner, is already attracting well-known national retailers, including Pick ‘n Pay, Woolworths, and Clicks. The inclusion of popular eateries like Vida e Café and Burger King adds to the vibrancy of the area, making it a focal point for both business occupants and the local community. This retail mix is essential; it not only serves employees but also creates employment opportunities for local residents.

Complementary Developments Enhancing the Cape Town Portfolio

Apart from Richmond Park, Atterbury’s Trumali Park in Stellenbosch complements this growth story. Offering A-Grade office spaces visible from the R44, Trumali Park caters to businesses looking for premium locations within the Winelands' commercial hub. With extensive green spaces and ample parking, it highlights the developer's commitment to integrating nature into urban environments.

Looking Ahead: Future Developments and Market Trends

The successes of Richmond Park and Trumali Park illustrate the potential of mixed-use developments in addressing contemporary business needs. As urban centers increasingly shift towards integrated living and working spaces, such developments are expected to proliferate. Key market trends indicate steady growth in both commercial real estate and residential property, driven by demands for greater accessibility and community-centric environments.

The Bigger Picture: Nuances of Urban Planning

These developments not only cater to businesses but also reflect broader urban planning strategies. By focusing on mixed-use spaces, Atterbury is contributing to sustainable construction practices and effective urban regeneration efforts in Cape Town. Understanding the balance between commercial needs and community living is vital for the growth of smart cities in the future.

Conclusion: A New Era for Cape Town's Economic Landscape

Atterbury's Richmond Park exemplifies how innovative developments can catalyze economic growth while addressing the needs of businesses and local communities. As they continue to expand their footprint in the Western Cape, the focus remains on creating integrated environments that foster collaboration and sustainable growth. For businesses interested in prime property opportunities, Atterbury’s headquarters in Pretoria invites inquiries to explore these lucrative options.

Real Estate

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02.06.2026

2026 Brings Exciting Changes to Renishaw Coastal Precinct: A New Era for Eco-Friendly Living

Update An Ambitious Vision for Coastal Living The Renishaw Coastal Precinct is setting the bar high with exciting new developments planned for 2026, positioning itself as one of South Africa's most ambitious mixed-use projects. Spanning over 1,300 hectares along the KZN Mid-South Coast, it aims to redefine sustainable coastal living through innovative urban planning and community-centered initiatives. Why 2026 is a Year of Transformation As South Africa emerges from the challenges of previous years, including its recent exit from the FATF grey list, there is a renewed atmosphere of optimism in the property market. Barto van der Merwe, Managing Director of Renishaw Property Developments, highlights the anticipated growth in KwaZulu-Natal, suggesting that the area is set to take center stage. With an influx of investor interest expected in 2026, Renishaw is at the forefront of this awakening, promising a wealth of new opportunities for property investors and developers alike. Key Developments Set to Make Waves Among the anticipated advancements are: Renishaw Hills: This flagship residential node continues to attract considerable interest. With Phase 7 recently launched, buyers have the opportunity to acquire high-quality homes in a lifestyle village known for its integrated healthcare and community amenities. Pickleball Facilities: Reflecting the growing trend of community sports, plans for pickleball courts will cater to all ages, enhancing the lifestyle offerings within the precinct. Luxury Shopping Centre: In collaboration with Cubisol Property Fund, this centre will provide not only retail options but also introduce integrated apartment living, promoting a vibrant community atmosphere. Private School: In response to community needs, negotiations are advancing for a new education facility that promises to enhance the area’s appeal and support family-oriented living. Restilridge Farm Estate: A new luxury estate designed with a blend of serenity and coastal living, featuring equestrian facilities and outdoor spaces. A Commitment to Sustainable Development Central to Renishaw Coastal Precinct’s plan is sustainability, with 80% of the land set aside for conservation. This environmentally-focused approach is foundational to not only attracting residents who value eco-friendly living but also securing investor confidence. Integration of Amenities for a Self-Sufficient Community To be a true mixed-use development, Renishaw is ensuring that vital amenities such as shopping, healthcare, and recreation are readily available. The integrated service approach aims to reduce dependency on vehicle transport, enhancing convenience for residents. A Future Filled with Opportunities Investors are not just buying into properties; they are investing in a rapidly growing community with long-term prospects. The commitment to development in the precinct has already sparked a wave of interest from various stakeholders eager to be part of this transformative journey. Negotiating the Economic Landscape As plans roll out, the precinct's focus on fostering partnerships with local businesses is significant. Van der Merwe emphasizes the importance of collaboration, viewing it as essential in creating job opportunities for local populations while simultaneously supporting the regional economy. Conclusion: Investing in a Sustainable Future The Renishaw Coastal Precinct embodies a vision where modern infrastructure, community, and natural beauty coexist harmoniously. As development progresses, the opportunities for property investment grow, attracting not just national, but potentially global stakeholders.

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