The huge Lynnwood Bridge development is due to open in Pretoria next week as workers put the finishing touches to 40 936 sqm of office space and 13 743 sqm of retail space at the site.
Nedbank Corporate Property Finance funded the construction of Lynnwood Bridge via a R1,1-billion loan facility. The property has been developed by Atterbury Property Developments.
LynnwoodBridge is a new landmark in the city and is in a highly visible location adjacent to the N1 highway at the upgraded Lynnwood off-ramp. It provides a combination of office space, a lifestyle retail centre and a new theatre.
It is bounded by Lynnwood Road to the south, Meiring Naude Road to the west and Lynburn Road to the north. Daventry Road runs between the existing (but upgraded) Glenfair Shopping Centre that will be linked to Lynnwood Bridge via a pedestrian walkway.
Glenfair was bought by Atterbury in 2008.
LynnwoodBridge Office Parkis 100% owned by Atterbury Investment Holdings, the investment holding company of the Atterbury Group. It has commercial and retail investments currently estimated to be worth R7-billion.
Phase One of the development is occupied by Adams and Adams Attorneys, Aurecon and City Lodge Hotel. The second phase of the development, due to open next week, includes Woolworths, Planet Fitness, Atterbury Theatre, the Pro Shop and a number of specialty restaurants and shops.
It offers a secure environment with an open lifestyle shopping centre. Glenfair Shopping Centre has Spar and Checkers as its anchor tenants.
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In the name of so called development this monstrosity which raped into the heart of Lynnwood Manor and which destroyed a community and forced them to move (sounds like the olden days) and was responsible for the destruction of at least a half of one of the most beautiful suburbs in the east of Pretoria, has finally spread its vulturous wings. - Johan