US EditionGolden Acre Precinct redevelopment: Cape Town mayor's vision for a safer, affordable urban hub
The redevelopment includes approximately 300 studios and one- and two-bedroom units designed for long-term tenants, aiming to boost inner-city living and safety near a busy transport hub.
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Golden Acre R1.2 billion redevelopment to deliver 450 homes
A major R1.2 billion redevelopment of Cape Town’s iconic Golden Acre is set to transform the site into around 450 affordable rental homes aimed primarily at young professionals working in the city centre. The redevelopment will reportedly include affordable, semi-serviced residential rental units, made up of: Approximately 300 studio apartments A mix of one- and two-bedroom units Units designed for long-term tenants The project follows the sale…
R1.2bn Golden Acre redevelopment to deliver 450 affordable homes
A R1.2 billion Golden Acre redevelopment project will convert the landmark site into around 415 affordable rental homes aimed at young professionals who commute into the CBD, reports Cape {town} Etc. The project follows the sale of the complex last year and a period of detailed planning; the property changed hands for roughly R781 million, a transaction cleared with conditions by regulators. Construction on the residential component is under way…
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