The construction of Phase 1 of Oxford Parks in South Africa by Concor Buildings is set to begin soon. This is after they secured the contract for the project.
The project which is situated at the 199 Oxford Road will have two phases; Phase 1 and Phase 2 comprising of four buildings which total up to approximately 34,000 m2 and will include the new Johannesburg head office for BPSA.
Oxford Parks which is being developed by Intaprop- a premier property developer is set to become a vibrant mixed use sector. It will encompass of and up market green star rated offices (A & P Grade), apartments, penthouses and hotels, as well as niche supporting retail and cafés.
Rui Santos, Managing Director of Concor Buildings, confirmed the reports and said that the current contract includes the construction of three basement levels and BPSA’s six office levels as part of Phase 1.
He explained that work has already begun on site, and Concor is proud to be associated with the project. Concor Buildings is formerly Murray & Roberts Buildings.
The project has been selected as a pilot project for the Green Building Council of South Africa, to create a green precinct rating tool for public environment projects. Notably, all buildings within the Oxford Parks Precinct will be designed to a minimum standard of 4 Star Green Rating in terms of the GBCSA standards.
About Concor Buildings
With origins dating back to 1902 in the Western Cape, Concor (formerly Murray & Roberts Construction) has a long and proud heritage of more than 100 years.
Following its acquisition, effective 1 April 2017, by a consortium led by the Southern Palace Group (Southern Palace), which includes the Public Investment Corporation (PIC), Murray & Roberts Construction was renamed and rebranded as Concor.
Southern Palace is a wholly black-owned South African diversified industrial holding company with interests in numerous well-established businesses. Southern Palace is the new majority shareholder in Concor, followed by the Government Employees Pension Fund, represented by the PIC which now owns 25% of Concor.
The acquisition signaled a historic moment in the company’s history. Concor is now a leading black-owned infrastructure and buildings services business based in South Africa and benefits from the 115 and 69 year legacies of Murray & Roberts Construction and Concor respectively.