University of Witwatersrand Student Accommodation

Project Description:

Client:
 University of the Witwatersrand
Date:
 Completed in 2012

Location: Parktown, Johannesburg, South Africa
Value: R385m
Type: Student accommodation
Description: 1,200 bed student accommodation and parkade for vehicles.

Crowie Projects, in joint venture, was appointed Developer for the land beneficiation, design and construction of 1,200 beds and a parkade at the Parktown Village. The proposal initially included the provision of design, financing, construction and operations of the completed facility. This was changed during the negotiations phase to exclude financing and operations, however, the Developer was still instrumental in packaging and facilitating a 22 year finance transaction between the client and the Developer’s original financier.