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Portside Tower
Portside is a building in Cape Town, South Africa. Completed in 2014, it is the city's tallest building and, at the time of completion, was Cape Town's first significant skyscraper developed in the central business district (CBD) in 15 years. The property is jointly owned by FirstRand Bank (FNB, RMB, Wesbank and Ashburton) and Accelerate Property Fund (APF). The bank self-occupies its share of the property, while AcPF leases office and retail space to tenants. AcPF appointed the Cape Town commercial brokerage firm Baker Street Properties to manage and market the property. The Green Building Council of South Africa (GBCSA) awarded the property a 5 star Green Star rating, making it the tallest Green Building in South Africa. Conception In 2008, it was initially proposed that the building would include a hotel and be above sea level. However, due to the late-2000s recession and difficulties in securing a hotel management contact, the project was put on hold for almost three year ...
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Accelerate Property Fund
In mechanics, acceleration is the rate of change of the velocity of an object with respect to time. Accelerations are vector quantities (in that they have magnitude and direction). The orientation of an object's acceleration is given by the orientation of the ''net'' force acting on that object. The magnitude of an object's acceleration, as described by Newton's Second Law, is the combined effect of two causes: * the net balance of all external forces acting onto that object — magnitude is directly proportional to this net resulting force; * that object's mass, depending on the materials out of which it is made — magnitude is inversely proportional to the object's mass. The SI unit for acceleration is metre per second squared (, \mathrm). For example, when a vehicle starts from a standstill (zero velocity, in an inertial frame of reference) and travels in a straight line at increasing speeds, it is accelerating in the direction of travel. If the vehicle turns, an acceler ...
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First Rand
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. Overview Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. In addition to South Africa, the group operates in eight key African countries, namely, Botswana, Namibia, Swaziland, Lesotho, Zambia, Mozambique, Tanzania, Ghana and Nigeria. FirstRand Bank has branches in London, Guernsey and India. FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial ...
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South African Rand
The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). It is subdivided into 100 cents (sign: "c"). The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par. Etymology The rand takes its name from the Witwatersrand ("white waters' ridge" in English, ''rand'' being the Dutch and Afrikaans word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English and ...
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Murray & Roberts
Murray & Roberts Holdings Ltd. is a South African-based engineering and mining contractor. It is listed on the JSE Securities Exchange. The Group delivers its capabilities into three global primary market sectors the resources, industrial, energy, water and specialised infrastructure market sectors. The company offers civil, mechanical, electrical, mining and process engineering; and management of concession operations. In addition to the many buildings, Murray & Roberts has been involved in the construction of the Gautrain railroad, the Medupi Power Station, and the Cape Town Stadium. Company history Murray & Roberts was established in 1902 as an emerging house builder in the Cape Colony. For its first 75 years, the company developed under the leadership of its founding families. Douglas Murray inherited Murray & Stewart from his father John in 1928 and co-founded The Roberts Construction Co. in 1934 with his friend and colleague Douglas Roberts. They were later joined by An ...
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Cape Town
Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislative capital of the country, the oldest city in the country, and the second largest (after Johannesburg). Colloquially named the ''Mother City'', it is the largest city of the Western Cape province, and is managed by the City of Cape Town metropolitan municipality. The other two capitals are Pretoria, the executive capital, located in Gauteng, where the Presidency is based, and Bloemfontein, the judicial capital in the Free State, where the Supreme Court of Appeal is located. Cape Town is ranked as a Beta world city by the Globalization and World Cities Research Network. The city is known for its harbour, for its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. Cape Town is home to 66% of the Western Cape's population. In 2014, Cape Town was named the ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black Sou ...
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Green Building Council
A green building council (GBC) is any national non-profit, non-government organization that is part of a global network recognized by the World Green Building Council. A green building council's goal is to promote a transformation of the built environment towards one that is Sustainable architecture, sustainable (buildings and cities that are environmentally sensitive, economically viable, socially just and culturally significant). List of recognised GBCs As of December 2020, there were at least 39 nations with established GBCs, 10 recognized as "emerging" members, and others in the development process. As of the end of 2020, there were around 70 GBCs at various stages of development. The Green Building Council RussiaRuGBC formed in 2009 and is seeking Emerging Status. Growth in the Commonwealth of Independent States, CIS countries accompanies growth in the number of green construction projects in those countries, that is, those certified to Leadership in Energy and Environmen ...
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Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. T ...
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Table Mountain
Table Mountain ( naq, Huriǂoaxa, lit= sea-emerging; af, Tafelberg) is a flat-topped mountain forming a prominent landmark overlooking the city of Cape Town in South Africa. It is a significant tourist attraction, with many visitors using the cableway or hiking to the top. Table Mountain National Park is the most visited national park in South Africa, attracting 4.2 million people every year for various activities. The mountain has 8,200 plant species, of which around 80% are fynbos, meaning fine bush. It forms part of the Table Mountain National Park, and part of the lands formerly ranged by Khoe-speaking clans, such as the (the "High Clan"). It is home to a large array of mostly endemic fauna and flora. Features The main feature of Table Mountain is the level plateau approximately from side to side, edged by steep cliffs. The plateau, flanked by Devil's Peak to the east and by Lion's Head to the west, forms a dramatic backdrop to Cape Town. This broad sweep of mounta ...
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Portside Tower Construction 2012
Port and starboard are nautical terms for watercraft and aircraft, referring respectively to the left and right sides of the vessel, when aboard and facing the bow (front). Vessels with bilateral symmetry have left and right halves which are mirror images of each other. One asymmetric feature is where access to a boat, ship, or aircraft is at the side, it is usually only on the port side (hence the name). Side Port and starboard unambiguously refer to the left and right side of the vessel, not the observer. That is, the port side of the vessel always refers to the same portion of the vessel's structure, and does not depend on which way the observer is facing. The port side is the side of the vessel which is to the left of an observer aboard the vessel and , that is, facing forward towards the direction the vehicle is heading when underway, and starboard side is to the right of such an observer. This convention allows orders and information to be given unambiguously, withou ...
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Buildings And Structures In Cape Town
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much art ...
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Skyscrapers In Cape Town
A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-rise buildings. Historically, the term first referred to buildings with between 10 and 20 stories when these types of buildings began to be constructed in the 1880s. Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers is having a steel frame that supports curtain walls. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than of those made of reinforced concrete. Modern skyscrapers' walls are not load-bearing, and most skyscrapers are characterised by large surfac ...
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