Africa's new tallest building has a top-floor penthouse going for R250 million

Africa’s tallest skyscraper – Sandton’s “The Leonardo” - will have absorbed more than 8.7 million kilograms of steel by completion.

Although it’s more metal than in the Eiffel Tower, you won’t see any of it as the concrete and masonry structure is what is exposed.

The Leonardo was deliberately designed to be labour intensive, says Co-Arc International Architects, the firm behind The Leonardo.

It says that between 18 000 and 20 000 people found employment working on The Leonardo.

Upon completion, it will have 55 floors and will tower 233 meters above street-level.

The Carlton Centre – Africa’s tallest building since 1973 - has 50 floors and stands 223 metres tall.

…to build Africa’s tallest building from out of the hole left by a previous failed development… The Leonardo is also a natural continuation to our association with South Africa’s ‘richest square mile’ which began… with the design of Nelson Mandela Square… and the Michelangelo Hotel…

Patrick McInerney, Director - Co-Arc International Architects

The Leonardo will integrate into the neighbourhood with 200 apartments that’ll transform Maude Street from a financial centre into a “lifestyle destination”.

The penthouse occupying the top three floors has an asking price of R250 million which, if achieved, will be a record for a sectional title property in South Africa, according to Financial Mail.

Prices for the other apartments range from R4.2 million to R65 million.

The Leonardo – with its 55th-floor sky deck - is accessible to anybody.

The Money Show’s Bruce Whitfield interviewed Patrick McInerney, Director at Co-Arc International Architects.

Listen to the interview in the audio below (and scroll down for quotes from it).

The podium of the building is largely public… It’ll be a fun place to visit…

Patrick McInerney, Director - Co-Arc International Architects

The majority is sold…

Patrick McInerney, Director - Co-Arc International Architects

It’s a belief in the future of South Africa… The development is approaching R2 billion… The launch will be in the second half of this year…

Patrick McInerney, Director - Co-Arc International Architects

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