The Victoria & Alfred Waterfront, co-owned by Growthpoint Properties and the Government Employees Pension Fund (via the Public Investment Corporation), has begun detailing its ambitious plan to reclaim additional land to develop the Granger Bay precinct.
This area is currently home to the Oranjezicht City Farm Market, Grand Africa Cafe & Beach, and Oceana Power Boat Club. In early 2025, the market will move to a new location closer to The Cape Wheel's new site.
The situation is rather simple: the V&A has run out of land ("bulk") to develop. Only 4% of its land is undeveloped. Its total gross lettable area (GLA) is 450 000m2. There's not much more room to build anything.
Currently, construction is underway on a new hotel on quay seven which is between the Table Bay Hotel (which will shortly be converted to an InterContinental) and the new helistop.
It can't build much more towards the CBD as it has recently completed the Canal District and there is no more space for development.
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Denne historien er fra December 10, 2024-utgaven av The Citizen.
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City can regain focus in Italy
There's a spicy brew on the boil for TAB soccer customers with UEFA and CAF Champions League games, plus a raft of big-gun league matches included in TAB soccer pools - and TAB is pumping in over R700,000 into five bets in added-cash bonuses and a carryover.
Lui looks to close gap on leaders
Francis Lui went a long way to boosting his trainers' championship defence with a four-timer at Sha Tin on Sunday and the affable horseman takes a team of three to Happy Valley today as he aims to keep the ball rolling.
Candice, set for a double
Candice Bass-Robinson may be going into this year's Cape summer season without her star colt Charles Dickens, but the stable looks to have some very decent stock in the yard and they should be in for a bounty of winners over the next few months.
Cocomelon looks ready to notch a second win
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