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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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11.20.2025

Exploring Atterbury's Role in South Africa's Sustainable Property Development Movement

Update Atterbury: Pioneering Sustainable Property Development In an era marked by increasing climate concern, Atterbury stands at the forefront of the sustainable property development movement in South Africa. With a fast-evolving property landscape, Atterbury is demonstrating how sustainability can seamlessly intertwine with business success and social contribution. As a leading property development, investment, and management company, Atterbury has embedded green building practices and Environmental, Social, and Governance (ESG) principles into its project strategies, establishing new benchmarks across South Africa's urban landscape. Innovative Projects Driving Urban Renewal Atterbury's commitment is evident in a number of transformative projects that are reshaping communities. The Village Walk precinct serves as a vital hub for community integration and urban renewal, reflecting the United Nations' Sustainable Development Goals. Further, projects like the redevelopment of Barlow Park in Sandton showcase Atterbury's ability to promote social inclusion by providing affordable housing alongside retail and educational facilities, thereby creating vibrant and sustainable living environments. EDGE Certification: Setting New Standards Atterbury’s focus on sustainability is validated through the achievements of its projects, such as the Rubicon HQ at Richmond Park, which has earned EDGE sustainability certification. This certification is significant as it highlights intelligent use of energy, water, and materials within the development. Properties with EDGE and Green Star certifications not only exhibit lowered energy and water consumption but also ensure improved indoor environmental quality and reduced operational costs—variables that can lead to more than just ecological advantages. Such buildings are increasingly favored in the real estate market, often yielding premium rents and enhanced occupancy rates, revealing that environmental responsibility can yield substantial economic benefits. Creating Social Value through ESG The environmental measures implemented by Atterbury are complemented by its robust ESG framework that emphasizes job creation, skills development, and local supplier engagement. By prioritizing these elements, Atterbury is driving social value and contributing positively to the communities where it operates. This holistic approach not only aligns with contemporary demands for corporate accountability but also delivers long-term economic, environmental, and social returns to investors, tenants, and local communities alike. The Future of Property Development in South Africa As the property industry navigates through modern challenges, including climate change and urbanization, the implementation of sustainable development practices is critical. Atterbury’s model serves as a roadmap showcasing that sustainable construction can coexist with profitability. With the momentum building around green initiatives, the property sector may witness further shifts towards environmentally responsible practices that promote economic feasibility. Conclusion: A Call to Action for Future Developments Atterbury's leadership in sustainable property development is a testament to the transformative potential of green building practices in South Africa. As we observe the intersection of urban planning and sustainability, it is imperative for other developers to embrace these practices, ensuring that future constructions not only contribute to economic growth but also safeguard our environmental legacy. By doing so, we can promote smarter cities, healthier communities, and a prosperous future for all.

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