SUNBIZ

Geotechnical Tests Being Carried Out On Proposed FHL Tower Grounds

Fijian Holdings Limited has started with the geotechnical tests for its proposed $30 million 16-storey FHL Tower. The land for the proposed development is located at the corner of Gordon
01 Jul 2016 09:05
Geotechnical Tests Being Carried Out On Proposed FHL Tower Grounds
An aerial shot of the site for the proposed $30 million 16-storey Fijian Holdings Limited (FHL) Tower at the corner of Gordon Street and Thurston Street in Suva. Photo: FILIPE NAIGULEVU

Fijian Holdings Limited has started with the geotechnical tests for its proposed $30 million 16-storey FHL Tower.

The land for the proposed development is located at the corner of Gordon Street and Thurston Street in Suva City.

Fijian Holdings Group chief executive, Nouzab Fareed, said so far the engineers were looking happy with the results.

“This is a practical test we started that is done by a New Zealand company to ensure the ground is perfect to put up a 16-storey building,” he said.

“We are going below 20 metres to ensure the rock below is all good to put up a good foundation.”

Mr Fareed said the test results would show them what sort of structure they can have for the FHL Tower and whether their proposed structure will be suitable.

He assured Fijian Holdings is very keen and serious to start off with the project as soon as possible.

“We have got approval from Government and various agencies. I think the only thing pending is Fiji Roads Authority’s approval for traffic management,” he said.

If all goes well, Mr Fareed said they expected to start construction works by Christmas or early next year.

He said they anticipated the building to be ready by late 2018.

In terms of occupancy, Mr Fareed said they were targeting diplomatic missions, multilateral agencies and multinational donor agencies.

“It’s going to be a premium grade office with the first floor reserved for car parks and the rest being office space,” he said.

Currently the site is vacant being used as a car park for the Group and situated right opposite Ra Marama House where FHL is headquartered.

 

Office space

The construction of another building within the central business district of Suva will mean more room is then available for office space, something which is seriously lacking in the capital city at present.

The demand for office space will also increase as our economy grows further and as investment activities continue to pick momentum.

Edited by: RACHNA LAL

Feedback:  filipe.naigulevu@fijisun.com.fj

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