BUILDING: Grinaker-LTA Has Strong Order Book
Recent Western Cape Business News
DESPITE the downturn in the economy, Grinaker-LTA reports that its building division in Cape Town continues to enjoy the benefits of the recent construction boom, with a number of its projects in the region progressing well.
Mark Belman, business development director at Grinaker-LTA Building Cape, states that the new Integrated Terminal at Cape Town International Airport, which the firm is undertaking in joint venture with Stefanutti Stocks Building Western Cape, is on track, despite having grown substantially and changed in scope since the tender stage. “The 74 500 sq m new terminal is scheduled for completion early in 2011,” he says.
Belman notes that working in an operational airport remains a challenge, and stresses that public safety is a top priority for the contractors “The site team has an impressive safety record and was recently awarded first place in the MBA Regional Safety Competition,” he says. The site has also received accolades for the quality of the work being produced, and in particular the off-shutter concrete. “The elevated roadway, with its unique ‘Y’ shaped columns, is particularly impressive,” he says.
Also at Cape Town International Airport, and again in joint venture with Stefanutti Stocks Building Western Cape, Grinaker-LTA’s work on the new R375 million multi-storey parkade is progressing well and has recently achieved its first milestone: the sectional completion of part of the ground floor and the handover of 400 additional parking bays to Acsa.
Upon completion, this parkade will increase the airport’s parking capacity by over 4 000 bays and will be double the size of the current parkade, Belman says. “The total floor area of 135 000 sq m will be the equivalent of 16 soccer fields and the total length of the foundation piles will be nine times the height of Table Mountain.” The project is currently on programme for its scheduled completion in March 2010.
On the residential front, Grinaker-LTA’s contract at the Pepper Club in the heart of central Cape Town has reached the half-way mark, with work moving ahead apace on level 10. This fast track project is due for completion in December this year.
“Although there has been a marked downturn in the building industry, Grinaker-LTA has a strong order book, and with a number of infrastructure projects coming out to tender, the outlook for the next few years remains positive,” Belman says.
Grinaker-LTA is a member of the Green Building Council of South Africa.
Business News Sector Tags:
Fax 2 Email
Study IT Online
Work from Home