The property market in various epicenters around South Africa is booming. Financial analysts have spoken widely of a recession, however, this hasn’t detoured investors, from investing furiously in various property developments with the industrial, residential and commercial sectors. Certain developments have been met with both praise and contention. This is also widely by which side one happens to be on.
Regardless of criticism or praise, developers have an obligation to consider carbon footprints when making such huge commercial structures and buildings. Progress is vitally important as South Africa reaches an era where unemployment is rife and economic stability is questionable. However what about the environment and the question of sustainability?
This is where green rated buildings come into play and why they are hugely important for the sustainability of communities whilst working within the lines of sustainable economic growth, which is vitally important in a time of serious need for job creation and housing.
“Founded in 2007, we are a dedicated team working in collaboration with industry bodies, leaders, government departments and professionals to develop market-based green building solutions for the transformation of the South African property industry”. -gbcsa.org.za
A new commercial property development in Lynnwood is seeing the need to be in line with this rating but also is heeding the call for the economic development as well. “The latest development phase of Attacq's Lynnwood Bridge Retail and Office Park has achieved a 5-Star Green Star SA Office v1 Design rating from the Green Building Council of South Africa (GBCSA), placing it among South Africa's leading green buildings”. -www.eprop.co.za
South Africa needs more Green Rated buildings and needs more office developments such as this. This is showing how environmental sustainability and commercial developments are starting to work in a symbiotic understanding for the betterment of both people and the environment.
Leading commercial property company OfficePlace has 20 listed commercial properties available for rental in the Lynwood area which in turn has made the area highly favourable for commercial investors, who might be looking for something a little bit out of the hustle and bustle of Johannesburg or other more developed Gauteng locations.Commercial development is quite modern in the Lynnwood area and new developments such as this prove to be highly favourable for people looking for something different and eco-friendly.
“Morné Wilken, CEO of Attacq, comments: "High-quality assets like Lynnwood Bridge Retail and Office Park play an important role in meeting Attacq's investment strategy. We place a high importance on green building as it underpins the marketability and competitiveness of our properties, the sustainability of our business, ensures operational savings over the long term and delivers measurable environmental benefits." -www.eprop.co.za
This is a current trend worldwide and other developments such as Menlyn Maine nearby are hailed for being South Africa’s first green city, so this newer development is a testament to this popular new trend which will only revolutionize the commercial development industry within the next few years. Lynnwood is considered to be one of the most affluent areas in the whole of South Africa and this has led some critics to believe that the location could be surpassing other prominent locations such as Sandton in nearby Johannesburg. So it would seem that there really isn’t a better time to consider Lynnwood for aso many reasons.
So next time your business has expanded to the point where you need to move premises, consider Lynnwood in Pretoria. Leading commercial property brokerage OfficePlace are one of the best possible options when it comes to commercial development. Their amazing team of experienced brokers are waiting to make your life that much easier, with a world of experience they will find the best possible locations for your next place of work. Get in contact and make the right choice with OfficePlace.