Ricochet News

New R4 billion mixed property development at Parson’s Vlei

MARCH 12, 2015
New R4 billion mixed property development at Parson’s Vlei

A new R4 billion mixed-use residential suburb at Parson’s Vlei, west of Port Elizabeth, is reportedly on the cards. The suburb is being built by national property developer, The Amdec Group, which developed the landmark Melrose Arch precinct in the north of Johannesburg.

The company revealed on Wednesday that it had already started developing its 128-hectare Parson’s Vlei site, which will result in the creation of a new residential suburb named Westbrook.

Westbrook, which will house 3 500 new homes and an additional 1 000 retirement homes based on the company’s Evergreen retirement village concept, is expected to complement the nearby R1.7 billion Baywest Mall, construction of which is nearing completion.

A large part of its attraction is the parkland atmosphere in Evergreen villages, with walkways, benches and ponds providing welcome tranquillity and the backdrop to a variety of architect-designed homes, cottages and apartments offering a broad choice of stylish accommodation.

“The most important considerations for people looking at moving into a retirement home are of course security, quality of life, and hassle-free healthcare.

"Proximity to extended family is also a major deciding factor, as is a sense of community. People also like to keep active, so a large variety of activities factor prominently when deciding on a retirement village,” Amdec Group CEO, James Wilson told Property Wheel.

Keeping these considerations in mind, Evergreen Lifestyle Centres aim to foster the natural formation of communities and are bustling with clubs, activities and interaction. Facilities include dining rooms, lounges, bars, games rooms, coffee bars, heated pools, gyms and libraries.

Image: The original Evergreen retirement lifestyle estate in Muizenberg, Cape Town. Developers Amdec Group now plans to expand this estate and develop new Evergreen villages in Port Elizabeth. Image sourced from propertywheel.co.za.