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OVERVIEW

Growth areas George on the southern Cape coast has seen some substantial new developments, including a private hospital built for Mediclinic, some new malls and a number of estates. Fancourt in George was one of the first golf estates in South Africa. In 2017 a set of new plots were offered for sale on what was described as its “prized northern slopes”. An area that continues to grow in terms of residential property is the West Coast. With mountains to the east, it is logical that areas north of Cape Town will grow: the only constraint is access to water. Blouberg, Parklands and Sunningdale continue to grow and attract good houses for residential property. The MiCiti bus route now serving the West Coast makes commuting to town much easier. Voortrekker Road in Cape Town is the subject of several interventions to encourage bulking up (businesses and residential). The Greater Tygerberg Partnership is working to provide a catalyst for new developments that will build on

ONLINE RESOURCES Cape Town Transport and Urban Development Authority: www.tda.gov.za SA Estate Agency Affairs Board: www.eaab.org.za SA Institute of Architects: www.saia.org.za SA Institute of Valuers: www.saiv.org.za

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the area’s existing strengths: transport links, medical facilities, retail, motor dealerships and residential. Possible construc tion projec ts could respond to the need for student accommodation: 100 000 students are in the area. The Greater Tygerberg Partnership has done a study on students’ accommodation needs and is encouraging building owners to cater to this need. The Voortrekker Road Corridor already has services and an established built environment, but it also has some dilapidated structures and it also has lots of open spaces. In other words, it has lots of potential. A pilot scheme will turn the 22ha site of the old Conradie Hospital, which lies not far from Voortrekker Road in the suburb of Pinelands, into a housing development aligned with the provincial government’s concept of Live, Work and Play. With the state (provincial or city government) putting in the bulk infrastructure, costs for developers would be significantly reduced – the quid pro quo is that the developer must then set aside a certain number of housing units (49%) to grantfunded housing. WESTERN CAPE BUSINESS 2019

Western Cape Business 2019  

A unique guide to business, investment and tourism in the Western Cape. The 2019 edition of Western Cape Business is the 12th issue of this...

Western Cape Business 2019  

A unique guide to business, investment and tourism in the Western Cape. The 2019 edition of Western Cape Business is the 12th issue of this...

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