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The Fynbos project scrapped, with new developer set to redesign the vision

Summary by CapeTown ETC
Reports indicate that the ambitious mixed-use project known as The Fynbos, located at 142 Bree Street in Cape Town, has been cancelled, leaving investors and future residents in a state of uncertainty. Announcing the change to investors on May 13, 2025, the original developer, Lurra Capital, highlighted the challenges posed by evolving market conditions and strategic realignment as the main contributors to the decision. As part of the transition…
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CapeTown ETC broke the news in on Monday, June 9, 2025.
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