a residential component around it.
BD in particular became rather tired
Rosebank has been undergoing rapid
and has regained its former lustre as
l, residential and retail hub, thanks in
o the construction of the Gautrain station,
reinforced its practicality as a central
he developers first acquired the site, it
ially envisaged as the location of a new
evelopment,” Wapenaar explains. “At
me the property was purchased, the
nesburg City Council had started to
ement new zonings in the Rosebank node
h allowed for higher bulk on many sites.
s tied in with the government’s policy
densifying urban zones around major
ublic transport nodes.” Since there was
n existing office building on the site, the
original plan was to erect a second office
block on what was a parking area at the
time. Initially there was a suggestion to
rezone for a theatre and office complex,
but with the increase in the number
of office buildings being developed in
the Rosebank precinct, the owners
decided to re-zone the site to enable
apartments to be developed. “By
the time the scheme was launched
as a residential apartment block
in 2013, the increase in residential
property prices had improved and
continued to improve thereafter,
increasing The Apex on Smuts’s
Click here to read more
African project
The Apex – South Africa