Demolition Has Started For New Mixed-Use Cape Town Building The Rubik

South Africa, Cape Town, November 2019; Demolition has commenced on the corner of Loop and Riebeek Streets in the heart of Cape Town's CBD to make way for the construction of an exciting new luxury mixed-use building called The Rubik.

This cutting edge building is set to change the status quo of property development in South Africa with its unique architecture and design. The Rubik consists of luxury residential apartments above premium offices and high-end retail space - all housed within a distinctive modern glass clad "tiered" building that promises to become an icon in Cape Town's central business district.

DG Developments, explains that the apartments, penthouses and offices within The Rubik feature floor to ceiling windows, 24 hour concierge security, state-of-the-art technology, luxury fixtures and finishes, minimalist elements and lots of clean open spaces. "These features - coupled with the prime location and spectacular views over Table Mountain, Lion's Head and the ocean - offer highly desirable inner city living, with prices starting from R2,4 million for a one bedroom apartment and R4.599 million for a two bedroom apartment."

"We have already sold 24 apartments at The Rubik, with sales spread fairly evenly across one and two bedroom units," says DG. "Buyers are drawn to this exceptional building in the heart of one of the most beautiful cities in the world that offers all of the benefits of a centrally situated mixed-use development, coupled with luxurious finishes and spectacular views." Developed by Abland, in partnership with Nedbank and Giflo and designed by DHK Architects, The Rubik promises to be one of the future "Great City Addresses" and sets a benchmark for inner city living.

Work on The Rubik is expected to be completed by 2022.

"We are very excited to be involved in this project and believe that The Rubik will redefine the design of luxury mixed-use developments in South Africa, and offers a wonderful opportunity for those who wish to buy-to-live or those looking for a premier investment opportunity," concludes DG.