Block E
This site in Dube City is perfect for a phased office development; it covers ±8,000 square metres and has a maximum bulk of between 10,000 and 20,000 square metres.
It is anticipated that this development could commence with a block of offices, about 5,000 square metres in size and, ultimately, increasing to some 10,000 square metres of bulk. A land lease rental would apply to the bulk utilised and this would be brought in with the agreed phased development timelines.
The proposed development process includes:
-
The developer(s) to submit a proposal to Dube TradePort Corporation, detailing experience, financial capability and high-level detail pertaining to the proposed development;
-
Once agreed, with the signing of a Memorandum of Understanding, the developer would be afforded a set time to:
-
Assess the viability of the project and prevailing market conditions;
-
Market the development to potential tenants/pre-let the development;
-
Draw-up preliminary designs;
-
Cost the development; and
-
Sign the final lease and commence construction.