Construction of a ‘safe, walkable’ R14 billion Cape Town development is due to begin in the first quarter 2020.
The Harbour Arch, found in Cape Town’s Foreshore, is due to be built by Amdec Group, the same company which built parts of Melrose Arch, in Johannesburg.
In November last year, it was given the go-ahead by the Municipal Planning Tribunal.
The Harbour Arch occupies a position at the convergence of major access roads, with easy entry points to and from the N1 and N2 highways.
Described as a mix-use precinct the 5.8 hectare Harbour Arch is set to feature 6 individual tower blocks and 200,000m2 of usable space for residential, retail and office space.
The R14 billion smart city is based on new urban principles and a demand for properties that offer a live, work, and play lifestyle including a safer space to walk around at night.
This is part of the Cape Town Central City Improvement District’s plan to turn Cape Town into an “around the clock economy” and as such needed to “address the critical issue of safety” which comes with being a 24-hour CBD.
Harbour Arch’s initial development phase – No 1 Harbour Arch – will comprise 432 apartments, retail, leisure, and commercial office space. Construction is due to commence in the first quarter of 2020.
The building will also feature a roof garden and viewing deck on the 24th floor.
It is planned to have a residents-only pool, exercise area and terrace all located on the 17th floor. Other innovative features include its own waste recycling, water-saving facilities and rainwater harvesting, a centralised district cooling plant, and low-energy LED lighting.