OBZ square is situated on the corner of Main and Penzance Roads in Observatory, Cape Town. It is a 30 000 m2 student residential complex that was developed for the University of Cape Town and handed over in November 2011. The construction project was completed in 22 months, a month ahead of schedule. The building consists of an underground parking garage, retail shops on Main Road and a student residence with 880 en suite rooms, warden flats, recreational and support facilities including reception, offices, meeting rooms, a computer laboratory, a laundry and maintenance facilities. This has become a landmark building and is considered a world-class facility which has set the benchmark for the industry.