An artist impression of Torre Lifting Solutions’ new warehouse and office premises set to be developed by Atterbury Property Developments in the Waterfall Commercial District.
Waterfall’s Distribution Campus has been chosen as the site for the future headquarters of leading African industrial group, Torre Industries’ Torre Lifting Solutions division. Its new premises will include 5,422m2 of custom-built warehouses and 1,800m2 of tailor-made offices as well as a 13,530m2 hard stand for equipment holding and storage.
JSE-listed real estate capital growth fund, Attacq Limited, holds the commercial development rights to the prestigious Waterfall. Atterbury Property Developments is responsible for the Torre development project on behalf of Attacq.
The construction of Torre’s new facility broke ground last month, and the quality, modern premises will be complete in August 2016.
Torre Industries is a JSE-listed industrial company. It provides equipment and machinery, auto parts, financing and support services to its customers in selected high growth markets in the industrial sectors across Africa. These sectors include the agricultural, automotive, construction, earthmoving, engineering, mining, manufacturing, and condition monitoring industries.
Torre’s new premises builds on the growing popularity of Waterfall Distribution Campus where Atterbury Property Developments has already completed three landmark distribution and logistics facilities.
Existing properties at Waterfall Distribution Campus include the large 36,000m2 warehouse facility for Massmart’s Massbuild brands. It is also home to major medical equipment supplier Covidien’s new modern premises, which is made up of 2,000m² of offices and 11,082m² of warehouses. Strategic supply chain partner to leadings businesses in the fast-food and restaurant industry, Digistics, operates from a 9,000m2 distribution facility at Waterfall Distribution Campus.
In addition, Waterfall Distribution Campus provides ready-to-develop opportunities, with its services already installed, zoning rights secured and direct power supply from Eskom.
Waterfall Distribution Campus is a strategically situated 37.2ha light industrial zone within in the 323ha Waterfall, Southern Africa’s largest greenfield urban development. Waterfall is quickly becoming one of the strongest and most successful commercial nodes nationally. It is ideally located between Johannesburg and Pretoria with excellent visibility and accessibility, being close to major road networks.
Of the 1.8 million square metres of developable bulk approved at Waterfall so far, 145,000m2 of development rights are in Waterfall Distribution Campus.
Commenting on the project, Atterbury Property Developments’ Director, Coenie Bezuidenhout, who is coordinating the Waterfall mega-development on behalf of Attacq, says: “Waterfall is an unrivalled location. Its businesses benefit from the latest designs and operational efficiencies. Torre is joining an increasing number of industrial companies taking advantage of the distinct rewards of doing business at Waterfall.”
Morné Wilken, CEO of Attacq, says: “We are delighted that JSE-listed Torre Industries has chosen Waterfall for Torre Lifting Solutions’ new headquarters. Torre will be yet another great addition to the impressive and growing list of leading businesses at Waterfall. As we develop the remaining 1.4 million square metres of usable bulk at Waterfall over the next 10 to 15 years, this prime development is creating a city crafted around the best urban design principles.”
Torre joins leading commercial and industrial companies that have chosen Waterfall as their new long-term base for business success. These also include Altech, Amrod, Angleshack, Attacq, Atterbury, Cell C, a City Lodge Hotel, Cipla, Colgate Palmolive, Covidien, Cummins, Digistics, Dräger S.A, Golder & Associates, Group 5, Hilti, Honda Motor SA, Massbuild, MB Technologies, Novartis, Premier Foods, PwC, Schneider Electric, Servest, Stryker, Virgin Active and Westcon Group.