Century City Development Update: Park Place and Junxion Park Raise the Bar

This year, our development efforts at Century City have focused on the land surrounding Ratanga Park in the Bridgeways Precinct. The remarkable success of this six-hectare public park, with its rolling green slopes, rippling water, lush landscaping, and dramatic rock features, has significantly impacted the value of the surrounding properties.

Already the popularity of Ratanga Park has given a substantial boost to sales and rental demand for residential property in Bridgewater and Nine Palms, both now completed and sold out. Additionally, the On Park development, currently under construction, is also benefiting from this momentum, and is due for completion at the end of the year.

Building on this success, we launched Park Place in May 2024. The response was phenomenal, with over 90% of the 108 luxury apartments sold within 48 hours, generating over R260 million in sales. The final phase of this exclusive waterfront development was recently released. This has also seen brisk sales.?

Park Place enjoys an enviable location, facing north towards the lovely scenery of Ratanga Park. From the upper floors, residents will also enjoy views of Table Mountain, and some apartments enjoying ocean views of Table Bay. Despite the tranquil nature of the site, it is extremely conveniently located in relation to a wide variety of shops, restaurants, entertainment and outdoor leisure options, including kayaking on Century City’s 8,5 kilometres of canals and waterways, running or cycling. Notably, the development is just 400 metres from the nearest entrance to Canal Walk Shopping Centre. For more information, visit www.parkplace.capetown.

For sales enquiries, please contact:

• Kirsten Betteridge on 063 683 3929 or [email protected]
• Devon Usher on 082 446 9188 or [email protected]
• Tamarin Smith on 084 301 8616 or [email protected]

We are equally excited about Junxion Park, our latest commercial development offering premium office space on the edge of Ratanga Park. Designed by Vivid Architects, Junxion Park stands as a beacon of modernity and sophistication. It blends innovative design with state-of-the-art technology, and offers secure parking with direct access to the buildings. The offices also enjoy easy access to all the nearby amenities.?

Comprising four individual buildings and offering 11 000 square metres of premium office space, Junxion Park is set for completion in July 2025, with a total value exceeding R400-million. One building has already been let to Cipla and negotiations are well underway on the remaining space.?

Known for delivering green buildings that achieve certifications from the Green Building Council of South Africa (GBCSA), we have incorporated the innovative Thermally Activated Building System (TABS) at Junxion Park. This system optimizes comfort, energy efficiency, and sustainability, reflecting our commitment to green building practices. For more information, click here.

For leasing enquiries, please contact:

Jason Elley on 082 339 2722 or [email protected]