A growing clamour for modern light industrial space in Gauteng has seen a host of established companies flocking to a new light industrial hub in Olifantsfontein, located between Johannesburg and Pretoria and 20 minutes from OR Tambo International Airport. Recently established companies include Murray & Roberts, Stocks and Stocks, MAN Truck, Corobrik, SA Breweries, Clover, Imperial Distribution, Adcock Ingram, Spar DC, Tiger Brands, Nampack and Nestle.
Due to the high demand for industrial space, Krisp Properties is the latest developer to offer modern and safe light industrial space in the area. The company is in the advanced stages of developing the Olifantsfontein Industrial Park along Olifantsfontein Road. The park is set to raise the bar in terms of light industrial space equipped with state-of-the-art security and modern technology.
The area is fast becoming a preferred hub for businesses looking for modern and secure light industrial space, along the fast-growing R21 corridor with direct access to Northern Gauteng, Central Gauteng and Ekurhuleni, close to the N1.
According to Jon Busser, a director at Urban Dynamics town planners, the Olifantsfontein-Clayville industrial area was in a prime position thanks to government's initiatives to develop the R21 development corridor and its links to the OR Tambo Aerotropolis nearby. "There is a growing need for modern and secure light industrial parks linked to the Aerotropolis and IDZ development around the OR Tambo International Airport," said Busser.
The growing demand for light industrial space was also good news for job creation, he said. "There's lot of new development in the area. The R21 development corridor and developments around the established Olifantsfontein-Clayville industrial area should see tremendous growth and sustainable job creation as new light industry and business parks are created in response to market demands.
"Gauteng is currently one of the world's fastest growing metropolitan areas and well-located land within the priority development corridors and nodes between Jo'burg and Pretoria will see sustainable growth."
Krisp Properties executive director Jordan Mann described Olifantsfontein as up-and-coming for light industry, as the area was well-situated between Midrand, the airport and Pretoria. "We are developing eight hectares of land at the centre of the industrial area, which makes it very well positioned for light industry," Mann said. "The entire estate will also be equipped with state-of-the-art security."
Eleven stands, ranging from 3000m² to 11,000m², would be developed. Work would start in early 2014, he said. "Town planning for the project is complete and everything is ready. We plan to start putting in services early next year," Mann said. "Six portions of the 11 erven will have major exposure to the high traffic flow along Olifantsfontein Road." Each stand could have a 70% construction coverage, with up to two storeys, Mann added.
Krisp Properties is also busy with another major development, the R500-million Clearwater Office Park along Atlas Road, which is being built to compliment the OR Tambo Aerotropolis. The company already boasts successes which include Randburg Office Park, Ebony Park Shopping Centre in Midrand and Sandton Office Park.
For more information on Krisp Properties, go to www.nuway.co.za.
