We facilitate property development projects, aimed at driving sustainable growth, creating vibrant communities, and enhancing the quality of life in Cape Town. Explore our key projects below.
DISCLAIMER
The information and resources on this page have been prepared using available data and assessments conducted to date, and is for informative purposes only. While we have taken reasonable care to ensure accuracy and completeness we cannot guarantee the accuracy, reliability or completeness of the information.
The City, its employees, agents, and consultants are not liable for any damages that may result from the use of, or reliance upon, the information contained herein. Prospective investors are advised to perform their own due diligence and seek independent advice where necessary to inform their decision-making.
Portion of Erf 1, Roggebaai, Foreshore (Woodstock Parking)
Portion of Erf 1, Roggebaai, Foreshore, commonly referred to as the Woodstock Parking area, is a high-value under-utilised City-owned property located within the Cape Town Civic Centre precinct.
Strategically positioned within the Foreshore precinct of the Cape Town Central Business District, the site benefits from exceptional accessibility and connectivity. It is located in close proximity to key metropolitan transport infrastructure, including:
the N1 and N2 national highways,
Cape Town railway station,
MyCiTi Bus Rapid Transit services,
minibus taxi facilities, and
long-distance bus terminals.
The surrounding area is characterised by medium- to high-density commercial and residential developments and functions as a major administrative, economic and mobility hub within the city.
Property details
Property description: Erf 1 Roggebaai
Location: 12 Hertzog Boulevard, Foreshore
Size: 10 965 m²
Current zoning: Utility
Current usage: The site is currently utilised as an at-grade, open-air parking area for Council purposes and forms part of the City of Cape Town’s municipal corporate headquarters precinct
Project overview
The site has been identified through the City’s portfolio asset management strategy, which seeks to optimise and rationalise strategic under-utilised high-value capital assets that are surplus to municipal requirements. In this regard, the property presents an opportunity for redevelopment towards its highest and best use in support of broader economic growth, investment and spatial transformation objectives.
Planning informants, including theTable Bay District Plan and the Draft CBD Local Spatial Development Framework, support mixed-use intensification and higher-density development within the Foreshore and broader CBD, particularly in areas well served by public transport infrastructure. The redevelopment opportunity therefore aligns with the City’s objectives of promoting land use intensification, urban efficiency and sustainable infra, Foreshores tructure utilisation within the central city.
The proposed redevelopment of the site represents an opportunity to unlock the potential of a well-located municipal asset, while contributing towards the continued regeneration and intensification of the Foreshore precinct.
Council approved the Authority to Advertise (ATA) in terms of the Municipal Asset Transfer Regulations (MATR) on 27 May 2026 and the next step is to start the public participation process and the project packaging.
The City’s Mayoral Committee has greenlit a major private sector upgrade for the Bellville Athletics track and Velodrome by the successful bidder in the 2009 tender for the development of the precinct.
The Bellville Velodrome Precinct redevelopment will transform a strategic public asset into a world-class events hub and mixed-use destination, driving jobs, investment and long-term public benefit for the City and its communities.
Property details
The transaction comprises both a long-term lease and a sale component. The long-term lease includes Erven 41326 and 41327, which accommodate the Velodrome and Athletics Stadium. The sale component includes Erven 40819, 40820 and 40821, representing surrounding land parcels that will enable the broader mixed-use development.
Location: Carl Cronje Drive, Bellville
Size: 11,47 ha
Current zoning: General Business Zone 3 (GB3) with consent use for place of assembly
Current usage: The Bellville Velodrome, athletics stadium and track, parking and surrounding vacant land
Historical context
The Bellville Velodrome precinct has long been recognised as a strategically located public asset with the potential to play a catalytic role in Cape Town’s economic, sporting, events and urban future. Positioned within a key metropolitan node, the site presents a unique opportunity to unlock investment, support regeneration and expand access to high-quality sport, recreation and events infrastructure.
To realise this potential, the City initiated a competitive tender process aimed at leveraging private sector investment to unlock public benefit. This approach enables the redevelopment, upgrade and long-term management of the precinct in a financially sustainable manner, while retaining public ownership of key assets. It ensures that the Velodrome and Athletics Stadium continue to serve communities, while surrounding underutilised land is transformed into a vibrant mixed-use precinct.
Following a two-stage tender process, Council resolved on 28 October 2009 to approve the recommendation of the Bid Adjudication Committee and award Tender 22Q/2008/09 to the successful bidder.
The development is envisaged as a major mixed-use investment in Bellville, combining upgraded sport and events facilities with new commercial, hospitality, retail and residential opportunities. This will support job creation, attract significant private investment and strengthen Bellville’s role as an emerging secondary CBD, contributing to broader urban renewal in the area.
On 31 October 2019, Council granted final approval for the proposed transfer and granting of long-term rights to use, control or manage the identified erven for the purpose of implementing the tender. This approval was subsequently updated on 30 October 2020.
On 30 April 2026, Council approved amendments to previous Council resolutions to give further effect to the transaction.
Transaction overview
The Bellville Velodrome Precinct redevelopment is a long-term public private partnership initiative led by the City of Cape Town, representing the continuation and implementation of Tender 22Q/2008/09. The project aims to unlock the full potential of a strategically located site in Bellville through a balanced approach to public asset optimisation, economic development and sustained public benefit.
At its core, the redevelopment will transform the precinct into a vibrant, integrated mixed-use destination, combining sport, events, living, working and leisure. Supported by enhanced public spaces and significant infrastructure upgrades, the precinct is positioned to evolve into a dynamic hub and emerging secondary CBD within Bellville.
The development comprises two integrated components. The first is the redevelopment of identified vacant and underutilised land parcels into a mixed-use precinct, incorporating commercial, residential, hospitality and event related uses. This represents a substantial private sector investment and will support significant job creation while enabling a vibrant, accessible precinct with a 24-hour economy.
The second component relates to the Velodrome and Athletics Stadium. The City will retain ownership of these assets while granting long-term rights to upgrade, operate and maintain the facilities. Central to this is the investment by Big Concerts, supported by Live Nation International as a major shareholder, to transform the Velodrome into a world-class, multi-purpose indoor events venue.
This includes major upgrades to the Velodrome and Athletics Stadium, including the athletics track, ensuring continued community access while enabling the hosting of large-scale regional and international events. The broader development will also deliver associated infrastructure upgrades to support the long-term functionality and accessibility of the precinct.
Project objectives
The proposed redevelopment of the Bellville Athletics Track and Velodrome site seeks to unlock a strategically located, high-impact municipal asset through a structured public private development approach. The project supports the City’s economic growth mandate by enabling significant private sector investment, facilitating job creation, and generating long-term municipal revenue through land value realisation and lease income.
The initiative is strongly aligned with the City’s spatial and development policy framework. The site is identified within the Cape Town Municipal Spatial Development Framework as forming part of an important metropolitan node, with Bellville recognised as an emerging secondary CBD. It is further supported by the Northern District Plan, which promotes intensified mixed-use development, public transport accessibility and economic clustering within the Bellville area. The precinct is also designated as a New Development Area, supporting targeted investment, land use intensification and coordinated infrastructure provision to unlock long-term growth potential.
In addition, the project gives effect to key City programmes, including the Accelerated Land Release Initiative and the Land Packaging Programme, which are aimed at bringing well-located public land to market in a structured and strategic manner. Through coordinated interdepartmental processes and a market-ready approach, the Property Development Department is advancing a long-standing transaction to unlock the development potential of surplus land.
Collectively, these policy and programme alignments support the regeneration of the precinct, stimulate private investment, and promote a more integrated and inclusive urban environment. The redevelopment will contribute to a more efficient use of land, improved public infrastructure, and the creation of a vibrant mixed-use destination that supports both economic activity and community benefit.
Project outcomes
The Bellville Velodrome Precinct redevelopment is one of the most significant catalytic investment projects the City of Cape Town has advanced in recent years. It converts a strategically located but long-underutilised public asset into a high-value, mixed-use precinct that delivers meaningful and lasting benefit to residents, businesses and the broader Cape Town economy.
At the heart of the project is the transformation of the Velodrome into a modern, world-class, multi-purpose indoor events venue, operated by Big Concerts with the backing of Live Nation International. This positions Bellville as a premier destination for major regional and international concerts, conventions, exhibitions and sporting events, directly enhancing Cape Town’s competitiveness as an events and tourism city.
The Athletics Stadium will be comprehensively upgraded and will remain a publicly owned sporting facility, continuing to serve organised athletics, schools and community users. Improved track surfaces, upgraded spectator amenities and enhanced supporting infrastructure will ensure the stadium meets applicable standards and remains a valued community asset for the duration of the lease.
The broader mixed-use precinct development will introduce new commercial, retail, residential and hospitality uses into a node that the City’s spatial frameworks identify as an emerging secondary CBD. This scale of private sector investment will materially expand the municipal rates base, generate sustained service charge revenue and contribute to the long-term fiscal resilience of the City.
Beyond direct financials, the redevelopment is expected to act as a catalyst for broader precinct regeneration, attracting follow-on private investment, increasing footfall and economic activity in surrounding areas, and creating sustained employment across construction, hospitality, retail, events and property management sectors.
Critically, all of this is achieved without placing additional strain on municipal capital resources. The private sector partner funds, operates and maintains the facilities for the duration of the lease, while the City retains ownership of the land and all permanent improvements. This model demonstrates how well-structured public-private partnerships can deliver world-class infrastructure and long-term public benefit at no cost to the ratepayer.
Stikland Long-Distance Bus Terminal: Remainder of Erf 13601, Bellville
On 30 July 2025, Council approved the initiation of a public participation process to explore the proposed development of the Remainder of Erf 13601, Stikland, Bellville (Stikland Triangle site), into a long-distance bus terminal with supporting mixed-use components.
Project overview
The site measures approximately 9,73 hectares and is located at 21 La Belle Road, Stikland Industria. It is strategically positioned, bordered by Stikland Industria to the north, the Access City retail complex to the south, and the Stikland Cemetery to the west across La Belle Road.
It benefits from high visibility from the Strand Street intersection and experiences significant pedestrian traffic due to nearby retail activity. Regional connectivity is excellent, with convenient access to the R300 freeway via the Strand/Van Riebeeck and Bottelary interchanges. La Belle Road (a Class 2 major arterial) is planned for extension southward to connect with Robert Sobukwe E-W Drive, while the proposed Tienie Meyer Bypass—linking to Bottelary Road—will further enhance future accessibility.
Primary vehicular access is currently provided via Lavender Lane, off La Belle Road. Road network improvements will be investigated to ensure that road infrastructure is adequate to accommodate heavy vehicle access and egress from the site.
The site lies along the Strand/Voortrekker Road corridor—a designated road-based public transport route linked to the Bellville CBD public transport interchange. As seen at the Cape Town Long-Distance Bus Terminal (LDBT), many long-distance passengers use e-hailing services to access such facilities, a trend expected to continue at this location. The site is affected by utilities services except for an electrical servitude that accommodates line of electrical pylons and stormwater services, which traverse the southern boundary of the site. Any future development will need to respond appropriately to this constraint.
Project objectives
The proposed mixed-use Long-Distance Bus Terminal aims to optimise the utility of this municipal asset by unlocking the full development potential of the land. In doing so, it seeks to catalyse further economic activity, particularly in the long-distance passenger transport sector.
Property details
Erf: Remainder of Erf 13601, Stikland, Bellville
Size: ±22 031m² / 2.2 Ha - portion identified for potential transfer illustrated in the attached disposal Plan LIS3230v1
A Generational Mixed-Use Development Opportunity in Cape Town's Urban Inner Core
The King David Mowbray Golf Course (KDMGC) Precinct represents one of the most significant strategic land redevelopment opportunities in Cape Town. Located in the heart of the City's Urban Inner Core, this landmark project seeks to transform underutilised City-owned land into a vibrant, mixed-use precinct delivering housing, employment opportunities, public spaces, environmental restoration, and long-term economic value.
Led by the City of Cape Town's Property Development Department, the project forms part of the City's commitment to unlocking well-located public land to create more integrated, inclusive and sustainable urban neighbourhoods.
Project overview
The KDMGC Precinct spans approximately 74 hectares of City-owned land situated between Pinelands and Mowbray. Following environmental and flood-line assessments, approximately 52.5 hectares have been identified as potentially developable.
Positioned just:
9 km from the Cape Town CBD
12 km from Cape Town International Airport
Adjacent to the N2 and M5 freeway network
Along the Cape Flats rail corridor
Near major employment, education and healthcare nodes
the precinct enjoys exceptional regional accessibility and connectivity.
As one of the largest remaining undeveloped public landholdings within metropolitan Cape Town, the site presents a rare opportunity to deliver a high-quality, mixed-use urban precinct that responds to the City's growing housing and economic development needs while generating significant public and private value.
Why this project matters
The redevelopment of the KDMGC Precinct supports Cape Town's long-term vision of becoming a more connected, inclusive and economically resilient city.
The project seeks to:
Unlock strategic public land for sustainable urban development
Deliver mixed-income housing, including affordable and social housing opportunities
Create jobs and stimulate economic investment
Enhance access to public transport and key urban destinations
Improve public open spaces, sports and recreational facilities
Restore and enhance important environmental systems
Generate long-term value and investment for the City and its residents
The precinct's scale creates a unique opportunity to establish a complete urban neighbourhood where people can live, work, learn, recreate and access services within a highly connected environment.
Location advantage
Positioned at the Centre of Opportunity
The precinct occupies a highly desirable location within Cape Town's Urban Inner Core and benefits from proximity to established residential communities, employment centres and essential infrastructure.
Key destinations within easy reach include:
Cape Town CBD
Century City
Bellville Economic Corridor
University of Cape Town
Groote Schuur Hospital
Vincent Pallotti Hospital
Old Mutual Head Office Precinct
Pinelands, Mowbray and Observatory
Its strategic location provides direct access to labour markets, consumer catchments, public transport networks and social infrastructure, creating strong fundamentals for long-term development success.
Site location The precinct comprises three development parcels separated by the Cape Flats rail corridor and the Elsieskraal Canal.
Parcel
Location
Extent
Portion A
Northern portion of the golf course, north of the railway line, adjacent to Pinelands
±27.2 ha
Portion B
Southern portion of the golf course, including the clubhouse and primary site access
±22.1 ha
Portion C
East of the Elsieskraal Canal; includes Clyde Pinelands Football Club and vacant land
±15.6 ha
Together, these parcels provide development flexibility and opportunities for phased implementation.
Development vision
A Mixed-Use Urban Precinct
The emerging development concept envisages a vibrant, mixed-use environment integrating housing, employment, recreation, environmental restoration and public amenities.
Potential land uses include:
Residential
Market residential housing
Affordable housing
Social housing
Rental accommodation
Higher-density apartment living
Commercial and Employment Uses
Offices and business space
Innovation and knowledge-economy activities
Enterprise development opportunities
Flexible workspace environments
Retail and Lifestyle
Convenience retail
Restaurants and cafés
Neighbourhood services
Entertainment and recreational offerings
Community Facilities
Public amenities
Educational opportunities
Sports and recreation facilities
Community gathering spaces
Open Space and Recreation
Public parks
Greenways and walking routes
Cycling infrastructure
Sports fields
Riverfront recreational spaces
Investment opportunity
One of Cape Town's Most Significant Urban Development Opportunities
The KDMGC Precinct offers a compelling investment proposition founded on scale, location, market demand and municipal support.
Strategic Location
One of the largest developable sites remaining within Cape Town's Urban Inner Core with exceptional access to transport infrastructure and employment centres.
Significant Development Capacity
The draft concept identifies the potential for:
Up to 6 300 residential units
More than 74 000 m² of non-residential development
A diverse mix of residential, commercial, retail and community uses
Strong Market Fundamentals
The precinct is located within a mature metropolitan property market supported by:
Growing housing demand
Limited availability of comparable well-located land
Established surrounding neighbourhoods
Excellent transport accessibility
Municipal Policy Support
The site is identified as New Development Area 14 (NDA14) within the City's Municipal Spatial Development Framework and Table Bay District Plan, providing clear strategic support for redevelopment.
Long-Term Value Creation
The precinct offers the scale and flexibility required for phased delivery, enabling investors and development partners to participate in a transformative urban regeneration project with diversified revenue streams over time.
Public-private development approach
The City intends to make development rights available through an open, transparent and competitive process in accordance with applicable legislation and governance requirements.
The envisaged model seeks to:
Attract experienced development partners
Encourage innovative investment solutions
Maximise public and investor value
Deliver high-quality urban outcomes
Promote inclusive economic growth
No procurement process has yet been initiated.
Interested investors, developers, financiers and industry stakeholders are encouraged to register their interest and follow project updates as statutory approvals advance.
Sustainability and environmental excellence
Environmental stewardship forms a core component of the precinct vision.
Key initiatives include:
Rehabilitation of the Elsieskraal River corridor
Wetland enhancement and ecological restoration
Retention of significant trees and landscape assets
Sustainable urban drainage systems
Improved biodiversity connectivity
Creation of publicly accessible open space networks
The objective is to create a development that balances economic growth, environmental resilience and social benefit.
Planning and regulatory process
The project is currently progressing through comprehensive planning and approval processes, including:
Environmental Impact Assessment (EIA)
Heritage Impact Assessment (HIA)
Transport studies
Engineering investigations
Floodline assessments
Land-use planning applications
Development rights packaging
These investigations are intended to establish a robust and transparent foundation for future investment and implementation.
Council granted In-Principle Approval on 31 March 2026 for the release and redevelopment of a Portion of Erf 2187 in Green Point, for a high-intensity mixed-use development. This approval paves the way for the initiation of a competitive process for the release of the site to the open market. Further details regarding the competitive disposal process will be released in due course. The remainder of the site, where the Colin Eglin Library and Civic centre is located, is earmarked for refurbishment and redevelopment to retain these amenities within the redeveloped precinct and will be subject to further MATR approval in due course.
Property details
Location: Erf 2187, 1 Three Anchor Bay Road, Green Point
Size: 4,4944 m²
Key Features: Sea Point Library and Civic Hall, sports grounds and clubhouses, public parking, an electrical substation, an early childhood development centre (ECD), and vacant undeveloped land (used periodically as an informal market).
Zoning: Open Space 2
Project overview
The property, situated at 1 Three Anchor Bay Road, is remarkably well-connected to key destinations along the Atlantic Seaboard and Cape Town’s CBD. It is close to landmarks such as the Sea Point Promenade, Cape Town Stadium and Green Point Urban Park, as well as the V&A Waterfront.
The site is conveniently located near public transport routes serviced by MyCiTi buses, recreational amenities, popular business and entertainment hubs, and significant tourist attractions.
A private sector-led mixed-used development of the site is envisaged to help drive economic and socio-economic benefits while increasing affordable housing in the area. The existing library and civic hall service points will be retained on the site for future community use, but may exist in a different form. The land release process will also identify other parts of the site that may need to remain in public ownership or publicly accessible.
A multi-disciplinary team of professionals has been appointed to conduct specialist studies and applications necessary to secure a comprehensive basket of development rights for the site.
The development site is bounded by:
Helen Suzman Drive to the north
Three Anchor Bay Road to the west
Main Road to the south
Project objectives
This exciting project seeks to:
Drive economic growth and create jobs by stimulating private sector-led investment in Cape Town’s GDP
Maximised revenue generation for reinvestment in services, infrastructure and public spaces
Make efficient use of land and available infrastructure: Intensification of a currently underutilised public land asset through the packaging of a high density mixed-use development opportunity
Make a contribution towards fostering inclusivity through increased affordable housing delivery
Conceptual opportunity
While statutory approvals are still to be obtained, the preliminary conceptual proposal for the site revealed a potential maximum development opportunity of 117 000m² of new floor area (gross building area) comprising the following land uses:
Retail space – a maximum limit (may not exceed) of 8 380m² GLA;
Office space - a maximum limit (may not exceed) of 13 060m² GLA;
Hotel space amounting to 5 094m² and up to 325 rooms;
Residential space – a potential residential area of 49 187m² GLA , which holds the potential for a maximum of 1 145 residential units,
The following additional mandatory minimum requirements are to be delivered:
A minimum of 20% of all residential units targeting affordable household submarkets;
Community space amounting to a minimum of 1 355m² to allow for a new ECD facility (855m²) and the expansion of the Colin Eglin Library of approximately 500m² of new floor space
The development strategy for the proposed development is underpinned by the following design elements:
The retention of the Colin Eglin Library and Civic Centre as the cultural and architectural anchors of the site. This approach balances conservation with renewal by retaining the site’s most meaningful and character-defining elements.
Continuation of the Sea Point Main Road retail edge through Green Point with a well-defined retail edge to the development. This creates a continuous and active streetscape, allowing for a variety of interesting retail formats and scales in line with the distinct market profile of the Atlantic Seaboard.
The proposed vehicular network is designed to enhance permeability and strengthen connectivity between the site and its surrounding urban structure. New internal streets, while providing vehicular accessibility, are envisioned as pedestrian-focused environments – incorporating wide sidewalks, landscaping and active building edges promoting a high-quality public realm.
In order to create a car-free ground level environment the proposed development makes provision for three levels of basement parking, totalling up to 1975 parking bays. This equates to PT1 parking area provision ratios.
The green network establishes a connected landscape that integrates the proposed development with its surrounding context, including the adjacent promenade, Green Point Urban Park and the Fan Walk treed avenue and eucalyptus glade.
A mixed-use development that translates market analysis into a diverse range of land uses aimed at attracting a broad spectrum of users to create a vibrant, active and adaptable environment throughout the day and night. This includes clustering of complementary uses such as public facilities and creche at the civic node. While a favourable land use mix is encouraged, residential remains the primary use in line with property market trends in the area.
The placement, form and massing of residential blocks is informed by the surrounding urban context which has been integrated into the design response to the development.
Conceptual proposals for the potential redesign of the library and civic hall complex are itemised as follows:
The proposed vertical and rearward expansion of the existing public library building.
Proposed rearward expansion of a new mixed use residential building behind the library building. This new library building will allow for the extension to the Colin Eglin library via a skybridge connection to allow for the library function to be consolidated onto a single floor. This expansion will provide much-needed space for the library to be fit for modern needs and for back-office administration needs;
Proposed vertical expansion with additions above the existing library. This could take the form of sensitive contemporary structures that should be designed to complement the existing heritage buildings. These proposed additions will be subject to detailed architectural designs, structural engineering assessments and appropriate heritage approvals;
The proposed library extensions will provide the opportunity for the ground floor reading hall to be converted into a new multipurpose activity room for community use (e.g. exhibition space, smaller meeting space, pop-up markets, etc.).
The existing Minor Hall, offers the opportunity to be converted into a café with outdoor seating spilling onto the public forecourt
A series of parking courts to the rear of the building to provide parking for civic users.
The development concept will inform a flexible basket of rights that will be applied for in the land use application for rezoning and subdivision, with associated conditions attached to ensure that the City’s minimum criteria is implemented in the development.
It is important to note that the purpose of the City-driven conceptual plan is not to prescribe how development should take place but to establish the overall technical and financial viability of a maximum development envelope. A successful bidder may ultimately wish to take up their rights in a different form.
Reimagining an Icon. Unlocking a Landmark Investment Opportunity.
The Good Hope Centre Precinct presents one of Cape Town's most compelling inner-city redevelopment opportunities. Located on a strategically positioned 2.4-hectare site at the gateway to the Cape Town CBD, the precinct combines significant development potential, exceptional accessibility, and one of the city's most recognisable architectural landmarks.
The City is advancing the redevelopment of the precinct to unlock its full economic, social and urban potential through private-sector investment and innovation. Anchored by the iconic Good Hope Centre, the project seeks to establish a vibrant mixed-use destination that contributes to inner-city regeneration, economic growth and long-term public value.
Project Overview
A Strategic Inner-City Development Opportunity
Located at 11 Sir Lowry Road, Cape Town, the precinct comprises approximately 24,843 m² (2.4 hectares) of strategically located land within one of South Africa's strongest-performing metropolitan economies.
The site includes the iconic Good Hope Centre, designed by renowned Italian engineer and architect Pier Luigi Nervi, and occupies a prominent position between the Cape Town CBD, Woodstock, District Six and the Foreshore precinct.
Key property attributes include:
Prime inner-city location with exceptional visibility and access
Mixed Use 2 (MU2) zoning
Existing Gross Building Area (GBA) of approximately 27,804 m²
Approved Gross Leasable Area (GLA) of 8,038 m²
Additional development potential of approximately 35,000 m²
Established public transport accessibility
Significant heritage and placemaking value through the retained dome structure
The combination of location, scale, development flexibility and architectural identity creates a unique platform for a transformative mixed-use development.
Why this precinct matters
The Good Hope Centre is more than a property asset. It is a landmark destination with the potential to become a catalyst for broader precinct regeneration and investment.
The redevelopment seeks to:
Revitalise an iconic civic landmark;
Unlock underutilised public land;
Stimulate private-sector investment;
Create employment and economic activity;
Enhance Cape Town's urban environment;
Improve connectivity and public accessibility;
Generate long-term value for residents, businesses and visitors alike.
The project aligns with the City's broader objectives of economic growth, urban regeneration, investment attraction and sustainable development.
Location advantage
At the Gateway to Cape Town's Inner City
The precinct occupies a strategic position within one of Cape Town's most dynamic urban growth corridors.
Its location provides direct access to:
Cape Town CBD
Foreshore Business District
District Six
Woodstock
Cape Town Harbour
Major public transport routes
N1, N2 and M3 regional transport networks
The site benefits from strong existing infrastructure, high levels of visibility, established surrounding land uses and proximity to key economic activity nodes.
This connectivity supports a broad range of potential development outcomes and enhances long-term investor confidence.
Development vision
A Mixed-Use Landmark Destination
The City envisions a future precinct that celebrates the heritage significance of the Good Hope Centre while unlocking new opportunities for commercial, residential, hospitality, cultural and lifestyle investment.
Potential development opportunities may include:
Residential
Urban residential apartments
Build-to-rent developments
Mixed-income housing
Student accommodation
Lifestyle-oriented residential offerings
Commercial
Corporate offices
Flexible workspaces
Innovation and technology hubs
Professional service environments
Hospitality and Tourism
Hotels and aparthotels
Conference and events facilities
Tourism and visitor attractions
Entertainment and leisure offerings
Retail and Lifestyle
Restaurants and cafés
Specialist retail
Public gathering spaces
Lifestyle and wellness facilities
Cultural and Heritage Uses
Adaptive reuse opportunities
Public exhibition and event spaces
Cultural and creative industries
Heritage-driven placemaking initiatives
The redevelopment concept seeks to create a destination that is active throughout the day and evening while contributing positively to the wider urban environment.
Investment opportunity
A Rare Opportunity in Cape Town's Urban Core
The Good Hope Centre offers investors and developers a unique opportunity to participate in one of Cape Town's most significant urban regeneration initiatives.
Prime City-Centre Location
Large-scale redevelopment sites within Cape Town's urban core are increasingly scarce. The Good Hope Centre represents a rare opportunity to acquire and redevelop a strategically located municipal asset.
Significant Development Capacity
The site combines an extensive existing building footprint with substantial additional development rights potential, enabling investors to pursue a broad range of development outcomes.
Established Heritage Identity
The iconic dome structure provides immediate landmark status, strong market differentiation and a unique placemaking advantage that would be difficult to replicate.
Strong Market Fundamentals
Cape Town continues to experience sustained demand across residential, commercial, hospitality and mixed-use sectors, supported by population growth, tourism, investment attraction and urbanisation trends.
Public Sector Commitment
The City is committed to enabling redevelopment through a transparent, competitive and investor-friendly process designed to unlock maximum public and private value.
Heritage-led regeneration
Preserving the Past. Creating the Future.
The Good Hope Centre is a significant architectural and cultural landmark that forms part of Cape Town's urban identity.
The redevelopment approach seeks to retain and celebrate the iconic dome structure while enabling new investment, modern functionality and greater public activation of the precinct. Through thoughtful adaptive reuse, the project aims to blend heritage conservation with contemporary development opportunities, creating a destination that is both commercially viable and culturally significant.
Sustainability and innovation
Future redevelopment proposals are expected to incorporate modern sustainability principles and urban design excellence, including:
Energy-efficient building design
Sustainable infrastructure solutions
Improved public accessibility
Enhanced public realm and streetscapes
Smart building technologies
Transit-oriented development principles
Climate-resilient urban design approaches
Public-private development partnership
The City seeks to unlock the precinct through private-sector investment and development expertise.
This approach combines:
City-owned strategic land;
Private-sector capital investment;
Development expertise;
Innovative placemaking;
Long-term value creation.
The objective is to deliver a world-class redevelopment that balances commercial viability, heritage preservation and public benefit.
Portion of Remainder Erf 32604, Kewtown, Athlone mixed-use development
On 25 November 2024, the Authority to Advertise under the Municipal Asset Transfer Regulations, 2008 (MATR), was approved, initiating a public participation process to explore the redevelopment of this property.
Key features: Favourable development site located within retail and movement corridor. Access and proximity to Athlone Stadium.
Zoning: General Business (GB5)* subject to conditions of approval.
Development proposal: Mixed use
Project overview
A portion of the unregistered subdivided Portion 1 of Remainder Erf 32604, Cape Town, spans approximately 1,3 hectares and is part of the Athlone Stadium precinct. The subject property is currently utilised as an overflow parking area located south of the stadium building and alongside Klipfontein Road.
It was subdivided and rezoned from Open Space 2 (OS2) to General Business 5 (GB5) in June 2023, contingent upon compliance with the conditions of the land use approval.
The property is strategically located along Klipfontein Road, an established retail and movement corridor that serves as the main road of Athlone and provides a vital connection via Jan Smuts Drive to Gugulethu.
The property offers an ideal location for mixed-use development, incorporating retail, commercial, and business components. The proposed transaction is expected to stimulate economic activity, create employment opportunities, and enhance socio-economic development within the district.
Considering the current urban fabric and development potential, the envisaged development/transaction is deemed the highest and best use for the area. Its implementation promises to assist in enhancing the stadium’s long-term sustainability while contributing to the overall desirability and viability of the precinct. This approach underscores the project’s commitment to balanced economic growth and community benefit aligned with IDP Objective 1.
The development proposal is aligned with forward-planning policies and designated as a mixed-use intensification zone.
Project objectives
A multi-disciplinary team of professionals has been appointed to conduct specialist studies, ensure conditions of land use approvals are met and to vest the development rights.
The development opportunity is expected to be made available to the market through an open and competitive public bidding process.
The department intends to vest the development rights and to subdivide the subject property prior to initiating the competitive bidding process. This measure is aimed at providing potential bidders with a clear and comprehensive understanding of the project’s scope and potential, ensuring that all prospective bidders have a solid understanding for their proposals. By establishing these rights beforehand, we seek to mitigate risks and reduce uncertainties associated with the project, thereby creating a more attractive and predictable opportunity for investors.
From Strategic Land Release to Industrial Investment; City Unlocks Strategic Industrial Land for Major Logistics Investment in Kraaifontein
The successful disposal of Portion 9 of Paarl Farms 732 marks an important milestone in the City of Cape Town's ongoing programme to unlock underutilised municipal land for economic growth, investment and job creation.
Located within the established Wynland Industrial Park, Kraaifontein, this strategically positioned industrial site has been transferred through a competitive public process and is set to accommodate a major private-sector logistics and cold-chain development.
The project demonstrates how the strategic release of municipal assets can facilitate investment, strengthen key economic sectors and create long-term value for Cape Town and its residents.
Project overview
Strategic Industrial Land Released for Development
The property comprises approximately 9.23 hectares of industrially zoned land situated at 35 Sandringham Street, Wynland Industrial Park, Kraaifontein. The site is zoned General Industrial 2 (GI2) and benefits from direct access to major freight and logistics corridors, including the N1 and R300 transport networks.
Following a public auction process conducted during 2025, the site was awarded to Intracool (Pty) Ltd, with Council subsequently granting final approval for the transfer in terms of the applicable municipal legislation and governance processes.
Supporting economic growth
The disposal forms part of the City's broader economic development strategy of enabling private-sector investment through the release of strategically located municipal assets.
Expected long-term outcomes include:
Increased private-sector capital investment in Cape Town;
Expansion of industrial and logistics capacity within the Northern Corridor;
Employment opportunities during planning, construction and operational phases;
Growth of the municipal rates base;
Improved utilisation of strategically located industrial land;
Strengthening of freight, logistics and supply-chain infrastructure supporting the regional economy.
Proposed development
Integrated Logistics and Cold-Chain Facility
The purchaser intends developing an integrated logistics, container depot and cold storage facility on the site, subject to applicable statutory approvals and development processes.
The proposed development is expected to:
Support freight movement between inland logistics facilities and the Port of Cape Town;
Strengthen regional and national supply-chain efficiency;
Support agricultural and export-related cold-chain infrastructure;
Improve logistics resilience and operational efficiency;
Contribute to economic growth within the Cape Town metropolitan area.
The development aligns with broader efforts to improve freight logistics and support investment within Cape Town's industrial and economic corridors.
Governance and process
The disposal was undertaken through a transparent and competitive public process in accordance with the applicable legislative and regulatory framework.
On 30 October 2025, City Council granted final approval for the transfer of the property to Intracool (Pty) Ltd for R61 million (excluding VAT) following consideration of the property's market value and the anticipated economic and community benefits associated with the proposed development.
The approval represents the final municipal decision required to enable transfer and registration of the property.
Current status
Transfer and registration
The sale process has been successfully concluded and the transaction is currently progressing through the conveyancing and registration process.
Upon registration, the site will transition into private ownership, enabling the purchaser to advance the necessary planning, design and statutory approval processes required for the proposed development.
A successful economic development outcome
The Portion 9 Paarl Farms 732 transaction demonstrates the role that strategic municipal land management can play in supporting investment, employment creation and industrial growth.
By bringing well-located industrial land into productive use, the project contributes to Cape Town's long-term economic competitiveness while supporting private-sector investment in critical logistics and supply-chain infrastructure.
Statement from Director: Property Development Department
The successful disposal of Portion 9 Paarl Farms 732 demonstrates how strategic municipal land releases can unlock private-sector investment, strengthen logistics infrastructure, support economic growth and create long-term value for Cape Town.
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