Park Square Leads The Way For Future Forward Work Spaces

Park Square Leads The Way For Future Forward Work Spaces:

Park Square’s design is reminiscent of famous European piazza’s, complete with café culture. With 36 000 square meters of P and A Grade office and 4 000 square meters of retail space, the development will take the concept of work where you play and play where you work into the future.

Rapid technological advancements have gifted people with the ability to redefine their work lives. Saying goodbye to the nine-to-five, many professionals around the world are now untethered from their desks, able to work remotely from anywhere and at any time thanks to WIFI, smartphones and a whole host of other tech savvy tools. The benefits of this work method have been lauded for increasing productivity and work-happiness in employees. While it seems work may have left the building, companies and employees are still in need of future-forward spaces to connect, collaborate and share ideas. As a result, many office developments are responding to this need by providing considered work environments that emphasize openness, transcend the idea of the daily grind and encourage a healthy work life balance in campus-style and community orientated spaces.

In a 2017 article for Director, Monica Parker a behaviourist and founder of organizational change consultancy, Hatch, whose clients include Microsoft, Deloitte and the BBC says, “People always need a place to come together, and while coffee shops are great, people still like to have a place they can call a work home. I don’t think work has left the building – there is still that communal driver.”

Today, companies are understanding more and more the importance of nurturing productivity through the significant benefits of open and flexible office environments. These benefits include creativity, knowledge sharing, teamwork and coordination. While Google, Apple and various other tech advanced companies have been operating like this for decades already, South Africa is just beginning to ride the crest of the flexible and open work wave. Cue Park Square, Nedbank’s iconic R1billion mixed-use office and retail development located within uMhlanga’s New Town Centre and thriving commercial hub. Bordering the popular CJ Saunders Park and featuring innovative commercial and retail offerings, Park Square with its considered restaurants, shops and coffee bars will offer a connected work culture incorporating a unique leisure offering seamlessly linked to a vibrant and open urban square.

The Four Star Green Star-rated building, due for completion in October this year, includes 36 000m² of commercial space, 4 000m² of retail and an impressive 3 500m² open public piazza. Furthermore, it’s easily accessible to pedestrians, offers abundant parking and is close to a GO!Durban Integrated Rapid Public Transport Network (IRPTN) stop. Ken Reynolds, Nedbank Property Finance Divisional Executive, property expert and Director of Nedport Developments, a subsidiary of Nedbank and Park Square’s developers says, “Projects like Park Square are effectively turning the South African urban planning paradigm around. This innovative and connected space encourages people to think beyond the boardroom, take time to unplug and to connect with one another. By similarly drawing the surrounding communities for shopping and relaxing, the overall effect is a sociable, communal space that emphasises a convenient and balanced work life experience.”

Park Square has already secured a series of high profile tenants including Nedbank, Spar and the IBV International Vaults. Spar Marketing Manager, Travis Anderson says, “Customers no longer want to shop in large centres. They want the convenience of parking, walking straight into the building, doing their shop and walking straight out. We love Park Square because of its convenient location in a fast-developing area and its proximity to the CJ Saunders park which will allow us extra exposure as we piggy back off activities held there.”

Reynolds says, “If you can imagine your day like this; arrive at work with your barista-made coffee in hand, in a reusable mug of course, use the morning for planning and responding to mails followed by a quick jog around the park at lunch, tuck into an artisanal deluxe sandwich bought from the Spar then attend afternoon meetings and drinks in the Square with your new client? Then you have imagined a day at Park Square.”

Not forgetting profitability, a positive work environment increases productivity and in turn can have a significant impact on a company’s success. A reduction in staff downtime having amenities within walking distance of employee’s desks also reduces stress, as well as the lunch-hour rush with staff being able to avoid having to leaving the campus for their various requirements – from healthcare to lunch and even a spot of recreational shopping. Reynolds says, “Park Square offers mutual benefit for the employer and the employees with its unique commercial and lifestyle aspects. This world-class destination offers a win-win situation for both, where staff benefit by working in an open, future-forward environment and companies reap the rewards on their bottom line,” he concludes.

To explore investment opportunities, contact Samantha Stewart
(082 903 0828/ parksquare@nedbank.co.za) or visit: www.parkquare.co.za to find out more.

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