|
The Solomon brothers have diversified into the redevelopment of commercial sites, construction of multi-storey residential complexes as well as developing and managing one of the country's most sought after properties, the Camps Bay Promenade.
The first major commercial development, the Pinnacle in Strand Street, was a huge success followed by renovations of Fleetway House and Harbour Place, both situated on the Foreshore. This simply stirred the brothers on and further successful developments were quickly on the way, namely Rodene Studios and Old Town Square.
Eventually the Solomon Brothers saw a gap in the residential market and developed the Kingsbury Hotel into 16 luxury apartments and later progressed to converting old commercial and industrial sites into affordable apartments. With the continual boom in the residential market construction began in 2006 on a 17 storey building in the Cape Town CBD, Four Seasons. This property featured magnificent views of both Table Mountain and the harbour. These views coupled with affordable prices meant the development was quickly sold out of its 193 apartments.
With the huge success of Four Seasons, the decision was made to build a 5 star residential development, Pepper Club. Pepper Club, touted as the hottest luxury hotel in Cape Town, will forge a unique investment opportunity together with a burgeoning new lifestyle trend in the CBD. This development offers private as well as corporate investors a chance to be part of Cape Town's trendy, cosmopolitan environment.
However, the flagship of the Solomon Brothers property portfolio is undoubtedly The Promenade, which is situated in Camps Bay, with 180° views of the beach. This is where the Solomon Brothers have decided to house their offices, from which all the management of their properties is conducted.
The Solomon's have 2 further developments in the pipeline, Versailles in Green Point and South Beach in Salt River. The Solomon's remain convinced of the future success of the property industry in Cape Town.
_____________________________________________________________________________________________
Office
Tel: +27 21 438 8888
Fax: +27 21 438 1185
Fax2: +27 86 618 0933
Email: info@solomonholdings.com
|