BDC OFFICIAL GROUNDBREAKING CEREMONY OF FAIRSCAPE

Botswana Development Corporation (BDC) and its 100% subsidiary company Commercial Holdings, hosted the groundbreaking ceremony of yet another property development initiative where Dr. Gloria Somolekae was officiating as the guest of honour. Fair scape Precinct as the building is named is going to entail rental office space, retail space, the main tower standing at 15 stories, penthouses , a hotel and an 884 car parking bays in the basement. BDC found it necessary and imperative to initiate Fair scape Precinct to revitalize Fairgrounds by offering prospective commercial and retail tenants with a world class mixed use property at a total cost of P466 million.

The central aim of the Fairscape Precinct development is to create an environment which promotes economic opportunities and stimulates enterprises with a lot of emphasis on investment sustainability. With a 15 storey high tower, this will make it one of the tallest buildings in Gaborone. Officiating at the ceremony, the Managing Director of BDC Ms. Maria Nthebolan mentioned that Fairgrounds has since transformed into a major office hub in Gaborone, but lacks a development that truly places it as an office location of international stature. For that reason BDC found it imperative to come up with Fairscape. The uniqueness of the development is derived from five major design principles: mixed land use, central piazza, district architectural identity, streetscape character and environmental sustainability.

Fairscape Precinct will be developed in three faces with phase one consisting of offices, retail space and 8 penthouses. Phase two will consist of a 120 room Hotel development and phase three shall consist of future offices, residential units and retail space.