South Africa: Construction of KPMG Place starts

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Construction work on the new KPMG offices located next to Roggebaai Offices has begun. The  KPMG Place building project, which is expected to be constructed at an estimated price of US $33.19m, will be undertaken by FWJK developers. The development is located at the 4 Christiaan Barnard Street in Cape Town and will form the front row of the Roggebaai Office Precinct.

Although there will be other tenants in the building, KPMG will be the main tenant taking up to 7000m2 of office space in the mixed use development project which will occupy 19 000m2. KPMG will relocate all its operation from the MSC building.

The Managing partner at KPMG Gary Pickering noted that the company had settled for the choice of the building due to green initiatives that had been incorporated in its construction.

Electricity and water saving systems have been incorporated through use of light motion sensors inside the KPMG Place building and the parking bays. Other strategies that have been implemented include heat glazing, wall kettles and water saving sanitary and brassware.

According to the Spokesman for FWJK, Craig Armstrong, the KPMG Place building will be the second high-rise tower that his company has constructed in the South African city. The other development that they worked on is the Touchstone House located in Bree Street which is set to be complete in October 2015.