X

You deserve more, Find tenders and business leads on the GO

Download Online Tenders iOS app Download Online Tenders Android app
Online Tenders
  • VIEW TENDERS
  • PRICING
    • Home
    • Browse Tenders
    • Pricing
    • How it Works
    • Tender Resources
    • FAQ
    • Signup
    • Login
    • Contact Us
  • LOGIN
  • SIGN UP
Resources How to Tender Tender Articles Tender Sectors Tender News

R3 billion Sandton skyscraper is the tallest building in Africa

The Sandton skyline-defining skyscraper, the Leonardo, is the tallest building in Africa.

The R3-billion project, developed by 75 on Maude, a Legacy Group and Nedbank partnership, has already surpassed the former stand-out in Sandton, The Michelangelo. At 233m with 55 floors, it also beats the 201m architectural height of the Carlton’s Centre, previously the tallest building in South Africa.

Coined as the pinnacle of luxury living in Africa’s richest square mile the Leonardo is intended to symbolise a beacon of hope in a trying economic climate in South Africa. Only local contractors and labour were employed on the project with each individual leaving their own uniquely South African stamp on the building.

According to Jamie Hendry, Director at Legacy Development Management, this allows the Leonardo to radiate its own soul. Each visitor will, therefore, have a unique emotional journey during their time at the Leonardo.

Hendry said, "Whether you’re walking through the art-filled public spaces, absorbing the ultimate lifestyle experience on level seven or the magnificent unobstructed views with a drink at the sky bar, the Leonardo will create unforgettable memories for many generations of South Africans".

The Legacy Group is known for its proud South African heritage and its investments in the country’s construction sector during times when others weren’t willing or able to take the same risks.

Cost control for a skyline defining project

"Estimating and controlling the cost of developing tall buildings is no easy feat," said South African Association of Quantity Surveyors (ASAQS) member, Steven Schneid from S.M. Schneid Quantity Surveyors.

"The initial capital cost estimate – which is vital in calculating the viability of the project at an early stage – could not be calculated based on data and information gathered from smaller projects. The nature of the development demanded detailed measurement on each specific floor. All calculations had to be done manually with more detail, fact-checking and number crunching than the team had ever encountered before," said Schneid.

The Quantity Surveying work started in 2015 with a number of amendments to the initial estimate. Schneid said, "We started by preparing mini bills of quantities for each aspect of work and sent these out for quotes. This enabled the team to remain agile in finalising a cost estimate that met the viability requirements of the project".

The client made it clear at the outset that he wanted a world-class building design that was flexible enough to accommodate future changes. The tendering and negotiation phase demanded a coming together of the project team, contractors and sub-contractors to ensure that the client received the best value for money during a tough time in the South African construction sector.

"Understanding what is important to a client allows a QS to scrutinise costs and replace specified products for equivalent options that are more cost-effective while not sacrificing on quality and standards," said Schneid.

"Steven has been outstanding in all cost control aspects of the project. He has given a huge effort to the project and we have developed a relationship built on mutual trust. We truly value his dedication and effort throughout the project," said Hendry.

Hendry, who is also a Quantity Surveyor, says that Quantity Surveyors and the ASAQS – an organisation dedicated to upholding and elevating the status of Quantity Surveyors – will continue to play an increasingly important role.

"Poor economic conditions, combined with all the changes and challenges in the local built environment, means that developers are looking for credible figures, accountability and reliable cost management. Experienced Quantity Surveyors are well-versed to manage this function," concluded Hendry.

Source: www.iol.co.za
BACK TO NEWS

Latest News

  • Systemic issues in eThekwini's procurement and consequence management
  • R7.5 Billion Rail Project centre of focus
  • Hawks raid Prasa offices in Braamfontein over R18 billion tender scandal
  • Eskom to pay R1 billion penalty over Koeberg steam generator dispute
  • MEC Siboniso Duma reveals troubling delays in contractor payments for KZN's road projects
  • eThekwini Municipality under fire for expensive smart meter purchases
  • Transnet and United Manganese of Kalahari sign 10-year contract
  • Legal battle stalls for South African BEE firm amid IDEMIA acquisition talks
  • How bargaining councils are fighting the construction mafia
  • Investigations into R3.2 billion tender lead to executives facing charges
  • ONLINE TENDERS © 2024
  • Terms
  • Privacy
  • Resources
  • Contact Us
By continuing past this page, you agree to our Terms of Service, Cookie Policy, Privacy Policy and Content Policies. All trademarks are properties of their respective owners. 2007-2025 © Online Tenders CC. All rights reserved.
By using this site you agree to OnlineTenders use of cookies to give you a personalised experience. Please read the cookie policy for more information.
Accept