Taking A Closer Look At 1 Discovery Place

Joburg Admin / February 13, 2018

Discovery’s new head office is a bold architectural statement at Sandton’s highest point in Sandhurst. The site owns 147 217m2 floor space (of which 134 481m2 is dedicated office quarters) and is made up of carefully designed spaces intended to foster an environment of creativity, innovation and collaboration. Designed by Boobertman + Partners (the architects behind 129 Rivonia Road and Fourways Mall) and engineered by Pure Consulting and Sotiralis Consulting, the financial services group owns a new home that's had the town talking.  At the time of writing, Discovery has started the process to relocate 5,000 employees from West Street to 1 Discovery Place. https://www.instagram.com/p/BfGUjJBHpAN/?tagged=1discoveryplace

Development History

Development  of the R3 billion 1 Discovery Place started in 2014 with a prospective full-completion date of 2017 - which was met.  Property investors Growthpoint will own 55% of the new site while developer Zenprop will own the remaining 45%. Discovery has signed a 15 year occupancy lease on the property. Discovery’s has come at about the same time that the company expects to move into retail banking, for which the license was granted in October 2017 from the Registrar of Banks. https://www.instagram.com/p/Bbu2gyIhcbq/?tagged=1discoveryplace

5-Star Green Rating

1 Discovery Place as it is known, has scored a 5-Star Green Rating by the Green Building Council of South Africa (GBCSA), which uses a localised version of Australia's popular Green Star rating system. The new development's lease terms range from three to 10 years.  According to the GBCSA's report, Discovery's new home is a clear reflection of the company's core values, ambition and purpose. Some of the key points the Council highlighted were rigorous environmental and waste management processes during construction, the building's "green roof" (partially covered in vegetation), CO2 based demand control of fresh air, and the harvesting of grey and rain water for irrigation and flushing of water closets and urinals. https://www.instagram.com/p/Be5l4sXn7KQ/?tagged=1discoveryplace

Taking On Prospective Tenants

Tenant’s will have access to the Discovery Lifestyle Services which includes services such as a canteen, restaurants, dry cleaner, hair and beauty salon, Woolworths, a running track, car wash, coffee shops, vehicle servicing, phone repairs, and license services etc. and the first ever Discovery Bank Branch. Tenant signage may be made available on the Phase 2 Building, subject to the size of the tenant area leased. Lease agreements range from 3 to 10 years. https://www.instagram.com/p/BW8Fj2olooQ/?tagged=1discoveryplace By Shawn Greyling

You might be interested in

Explore All
The Toy Factory Shop
Shopping

The Toy Factory Shop

15 Feb 2016

The Toy Factory Shop has several retail outlets in South Africa. They offer a wide selection of toys for all ages - boys and girls. With a monthly growing range, the shop ensures all customers are more than just satisfied. The Toy Factory Shop also provid

Read more
The Dark Side Of The Wall - Pink Floyd And The Doors Tribute
Events In Joburg

The Dark Side Of The Wall - Pink Floyd And The Doors Tribute

14 Jun 2019

Pull in to Barnyard Silverstar and witness the ultimate musical tribute to two of Rock \'n Roll\'s legendary, psychedelic rock bands: Pink Floyd and The Doors.

Read more
The Garden Venue
Conferencing

The Garden Venue

04 Oct 2016

The Garden Venue, while sophisticated, enjoys a strong country feel spreading across three hectares of gardens, with multiple conference, banquet, meeting, and boardrooms all offering unique event spaces. Presenting freedom of choice, these internal and e

Read more
Honeydew Eco Village Offers an Afternoon Out for Just R120
West Rand

Honeydew Eco Village Offers an Afternoon Out for Just R120

03 Nov 2021

Want to entertain the kids, shop some fresh veg, get your car washed and grab a coffee for just R120? Challenge accepted! Cue Honeydew Eco Village!\r\n\r\n 

Read more
Mall of Africa Turns Up the Festive Fun
TV, Cinema And Drive-Ins

Mall of Africa Turns Up the Festive Fun

26 Nov 2025

Mall of Africa is preparing to enthral shoppers this festive season with an extraordinary line-up of experiences, community initiatives and extended shopping hours. Look forward to a family-friendly mini golf experience from 28 November to 27 December ins

Read more
Get Ready For The WildJoburg Trail Run This August
Parks and Outdoor

Get Ready For The WildJoburg Trail Run This August

02 Aug 2023

Enjoy trail running and you're looking for a challenge? Then why not register for The WildJoburg Trail Run, taking place at Thaba-Eco Lifestyle Centre, Joburg South, on Saturday, 19 August 2023. Interested in joining? Then be sure to register ASAP! Don't

Read more