The City of Cape Town has awarded a R3 billion tender to establish retail, business, residential, hotel and conference facilities in the Bellville Velodrome precinct.
Ruby Gelderbloem, the City’s Director: Property Management, said: "Devmet Property Developments submitted a development proposal that will enhance the area between the existing Tyger Valley Shopping Centre and the Parc Du Cap office park in terms of its design, form and urban fit. The design recognises the site constraints and incorporates the opportunities into a concept that will provide a balanced blend of retail, business, residential, hotel and conference facilities. In addition to the existing sporting facilities, the Velodrome will be remodelled to complement the conference facilities with the staging of concerts, shows, trade affairs and exhibitions. A high performance sport centre will be incorporated into the sport and athletic facilities and will be used to provide specialised training to athletes.”
“The development is based on a spine ‘Galleria’ that will provide the circulation and connection to all the facilities. Parking with entrances at various levels and locations, will be provided connecting the hotel, conference and sporting facilities with the retail, business and residential components”, said Gelderbloem.
The public as well as interested and affected parties will have an opportunity to comment on the development as part of the land use planning process which will follow the successful conclusion of the legal agreements between the City and Devmet Property Developments.
It is envisaged that the development will be completed by 2014.
(via Cape Business News)
Ruby Gelderbloem, the City’s Director: Property Management, said: "Devmet Property Developments submitted a development proposal that will enhance the area between the existing Tyger Valley Shopping Centre and the Parc Du Cap office park in terms of its design, form and urban fit. The design recognises the site constraints and incorporates the opportunities into a concept that will provide a balanced blend of retail, business, residential, hotel and conference facilities. In addition to the existing sporting facilities, the Velodrome will be remodelled to complement the conference facilities with the staging of concerts, shows, trade affairs and exhibitions. A high performance sport centre will be incorporated into the sport and athletic facilities and will be used to provide specialised training to athletes.”
“The development is based on a spine ‘Galleria’ that will provide the circulation and connection to all the facilities. Parking with entrances at various levels and locations, will be provided connecting the hotel, conference and sporting facilities with the retail, business and residential components”, said Gelderbloem.
The public as well as interested and affected parties will have an opportunity to comment on the development as part of the land use planning process which will follow the successful conclusion of the legal agreements between the City and Devmet Property Developments.
It is envisaged that the development will be completed by 2014.
(via Cape Business News)