Cape Town’s mayoral committee approved a public participation process aimed at transforming prime real estate in Green Point.
Prime Green Point land greenlit for mixed-use development Image: Flickr/ Richard Tanswella public participation process to release prime property in Green Point for mixed-use development, including affordable housing and commercial opportunities.
The City further intends to retain existing community amenities such as the library service point and civic hall on the site, with the land release process set to identify parts of the site that may need to remain in public ownership to accommodate this. ‘This is a long-term development that will bring major economic and social benefits for Cape Town, making our city an even better place to live as part of our vision to build a City of hope for all,’ said Mayor Hill-Lewis.
‘This will inform the City’s submission of a comprehensive land-use application to secure a basket of mixed-use development rights to unlock the full potential of the site. Development rights will be offered to the market through an open and competitive process. Take a look at what the weather has in store for South Africa’s nine provinces this Wednesday, 13 November 2024.
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