Newtown Junction, Junction, Johannesburg

Atterbury Property Developments’ Newtown Junction mixed-use development in the Joburg CBD recently took top honours and scooped multiple awards at the 2015 SA Property Owner’s Association (SAPOA) Annual Innovative Excellence in Property Development Awards. Newtown Junction was declared the overall winner at the coveted awards, after also scooping awards for best mixed-use development and the overall transformation award.

Newtown Junction – an 85,000m² mixed-use shopping, leisure and office development in Joburg’s trendy Newtown precinct – was opened in September 2014. It was developed by Atterbury Property Developments for Atterbury Property Holdings and JSE-listed Attacq Limited. Newtown Junction includes a 38,000m² retail component, about 39,000m² of prime office space, basement parking for 2400 cars and a new City Lodge Hotel, which is under development.

Newtown Junction’s development represents the first significant injection in the Joburg CBD in 40 years and is part of a key urban regeneration initiative in the Newtown node. The office component of Newtown Junction is largely taken up by Nedbank in a landmark building that has achieved a 4 Green Star SA rating from the Green Building Council of South Africa.

Newtown Junction has to date created around 2 700 jobs during construction of which 850 were jobs for local unemployed people. It is estimated that around 4800 people will be working in Newtown Junction when fully operational on the retail, office and hotel components.