The Civil Engineering Contractor February 2019 | Page 18

ON SITE
Johannesburg Mayor Herman Mashaba shovels the first spadeful of soil.
Jewel City: CBD’s
biggest investment
in 20 years
T
By Eamonn Ryan
Atterbury began work
on a new R750-million
redevelopment project
called Jewel City
in November 2018.
Jewel City is located
in the eastern CBD of
Johannesburg on Fox
Street, placed between
the existing Maboneng
and Absa precincts.
16 | CEC February 2019
he redevelopment consists of
six city blocks, five of which
have existing commercial
buildings on them. This is phase 1 of
what will ultimately be a R2-billion
development by DiverCity extending
to the areas adjacent to Jewel City,
including five projects of which one
will be Absa Tower Main. Atterbury is
leading the Jewel City development.
“Our plan is to redevelop the five
commercial buildings and build a
new residential building, resulting
in a mixed-use precinct consisting
of around 1 200 residential units,
20 000m 2 commercial space, 4 800m 2
retail space, and 750 parking bays,”
said Atterbury development manager,
Derrick Pautz.
According to Pautz, the plan is also
to open up the precinct which has
been closed to the public for several
years, and ‘pedestrianise’ Fox Street,
creating a safe, ‘green’, energetic
place for people to enjoy in the inner
city. Work on the precinct started
in November, with the stripping of
the existing buildings and earthworks
for the new building starting shortly
after a packed sod-turning ceremony
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