It’s no secret that South Africa is going through trying times where construction is concerned – but while Cape Town has had its issues, the city has generally been a happy exception to the rule.
As other cities are faced with a building slowdown, the Mother City is expecting construction to the value of R20 billion to commence shortly.
Let’s take a closer look at the exciting projects that are set to transform the Cape Town skyline in the coming years.
Another skyscraper to break CT’s tallest building record
Possibly one of the most exciting construction projects to have been approved by the City of Cape Town is the 44-floor Zero 2 One Tower, which will soar over the corner of Strand and Adderley Streets.
This multi-billion Rand development will include 7 000 m2 of commercial space – including premium retail space – in addition to 570 apartments.
Premium mixed-use developments have become hugely popular in the CBD. Old favourites like Mandela Rhodes Place and the Icon building are now competing with newcomers including the new Zero 2 One Tower to attract commercial property tenants.
And one that looks like a Rubik’s Cube…
A new development set to be completed in the CBD by 2021 is The Rubik – a glass tower with an offset, angulated upper section that is designed to look like a Rubik’s Cube.
This avant-garde project, which is the brainchild of architectural firm dhk, will be developed by Abland – in partnership with Giflo and Nedbank. Striking looks and ultra-modernism aside, the Rubik will add new premium office space and residential units to the CBD’s existing offerings.
A facelift for CT International
As Cape Town grows, attracting new residents from South Africa and abroad, the city’s airport is expanding to meet the demands of increased air traffic.
- Cape Town International will soon undergo upgrades to the value of R7 billion, with a new state-of-the-art runway and significant revamps of the domestic and international terminals.
- These upgrades will not only bring the airport’s services in line with the world’s best airports but also ensure that the latest large aircraft can land there.
- The new runway will be specifically designed to accommodate the latest Boeing 747-800 and Airbus A830 aircraft, offering passengers departing and arriving at the airport the best possible flight experience.
As areas such as Airport Industria outside of Cape Town continue to develop, with projects like these and the Ratanga Junction redevelopment on the horizon, the city’s future looks brighter than ever.
At Commercial Space, we are continuously adding exciting new office spaces to our portfolio, to meet the ever growing commercial property Cape Town needs of our clients. Contact us today to find the perfect Cape Town commercial property to suit your needs.