A large hotel group has confirmed that it has committed to the acquisition of a site at Cradle City Business Park with a view to developing one of the group's hotel brands.

Cradle City is a green-driven development situated on substantial 900ha of land surrounding Lanseria International Airport, north of Johannesburg. It will comprise of a mix of residential, commercial, office, retail, hotel, resort, entertainment, warehousing, light industrial and other elements.

Sherry Seward, managing director of Cradle City Sales, explains that City Lodge will be developing a hotel in the area in order to be close to the airport.

It is estimated that the 300,000 departing passengers using Lanseria Airport will escalate to 7 million in 2017. Likewise, over the next decade, scheduled flights are expected to rocket from 1,100 per year to 4,000.

The first phase 79ha AAA-grade Cradle City Business Park offers individual freehold zoned and serviced sites, provides a full spread of development, investment and rental options.

Infrastructure and bulk services will be installed by mid-2010, and will include a mixture of retail, hotel, office, light industrial, warehousing and distribution.
– Eugene Brink

For more information contact Sherry Seward on 083 264 9921 or send an email.

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