First phase of mixed-use Loftus Park in Pretoria open for business

First phase of mixed-use Loftus Park in Pretoria open for business

The first phase of the Loftus Park mixed-use complex recently opened in Pretoria.

The first phase of Loftus Park opened in Pretoria recently next to the legendary Loftus Versfeld Stadium, introducing about 34 000m2 of A-grade office space, a gym, an open air piazza with restaurants and convenience retail.

Loftus Park is a green mixed-use precinct being developed by JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties together with property development company Abland. The Loftus Park precinct will be accredited as a four-star Green Star Building.

Loftus Park’s retail and restaurant mix is designed around that important business of healthy, balanced living that supports its office space with a curated variety of convenient supplementary and post-work essentials.

Now open with the first phase of the precinct are anchor brands Checkers, Dis-Chem, and PNA, as well as a premium level Virgin Active health club.

Restaurants include Casa Bella, Turn & Tender, Salsa, Rocomamas, Vovo Telo and Seattle Coffee Co. Services now available include Postnet and Levingers, as well as bank ATMs from Nedbank, Capitec, FNB and Absa. Health and beauty brands include Sorbet, Sorbet Man, and Eyeland Optometrist.

In the planning stages are a new 152 room Protea Hotel by Marriott. Phase two will add another 7 600m2 to the development and will include a hospital for the precinct, and phase three will add 13 000m2 of office space.

Pieter Strydom, commercial asset manager for Redefine Properties, says: “The opening of the first phase of Loftus Park provides an integrated work and play environment and is positioned to ignite the greater node around it. The precinct enjoys the advantages of connectivity, walkability and green spaces.”

Loftus Park is in the heart of Pretoria’s sporting, cultural and diplomatic hub in the suburb of Arcadia. It is next to Loftus Versfeld Stadium, within walking distance of the University of Pretoria and Pretoria Boys and Girls High Schools, and close to a number of embassies and museums as well as the Union Buildings.

The developer’s investment has also put Loftus Park’s directly onto the Gautrain network. A Gautrain bus stop next to the precinct now connects it seamlessly to Centurion, Sandton, Rosebank and OR Tambo International Airport via Hatfield.

“Loftus Park sets a new standard for quality precincts in Pretoria, and seamlessly brings together business and leisure in one destination,” says Abland marketing director, Grant Silverman.

“The attractive dynamics of Loftus Park, which will be further enhanced as phases two and three come to market, have prompted robust interest from corporates who wish to benefit from an address with amenities including superb transport links,” says Strydom in conclusion.