Africa’s tallest skyscraper – and one of the most exclusive hotels in Sandton, The Leonardo – finally opened its doors on Tuesday, with developers of the 234-metre tall building saying the 240-suite hotel and residences were ready for occupation.
Legacy Hotels & Resorts CEO & Chairman Bart Dorrestein said all the offices in The Leonardo are purchased and 90% of the apartments are sold.”Our owners are scheduled to take occupation on a phased basis commencing March 2020,” he said.
The Leonardo, which is within walking distance of the Johannesburg Stock Exchange and retail hubs of Sandton, was developed by the Legacy Group, in partnership with the Nedbank Corporate and Investment Banking unit. The R3-billion skyscraper project began in 2015, when the Legacy Group awarded the construction contract to Aveng, and actual construction began in January 2016. Already, 50 of the 240 apartments had been sold off plan when construction began.